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iil ARSSSRSSRGRSESSESRERSRRRER ASUS SRS RGRSERARRERSRRRRU ROR Saeesaneeeee Morgan Cuts Be REET |__|: THE ROHAWA TIME, Theldey, Moreh 29, 1967 7. nt. a TORONTO (CP) -- The Ca Rei = a = . -|Sept. 1, 1983, issue closing the 7 , Interest Rate |nadian bond market was un-ldhy at '898% bid and 897% asked DIVIDENDS eve ; . + Rise: WORK TAP 'i oeaeee in quiet trading Wed-| Day-to-day money traded at; By THE CANADIAN PRESS 7 2) AP) -- Morgan|"*~ s | 7 i cllaes aa Ltt : : _ ttt Guaranty Trust Co. cut ets| Short - term Government O ghsattnougen vine A the Aas Canadian Aviation Electron- > prompt ' : prime interest rate to 5% from/Canada bonds were unchanged wd . hi "ies Ltd., common 7% cents, rom the ODAY S S O KS 5% per cent Wednesday, effect [with the Wiger-ceat. Abell" 2 at 4.10 for 92-day bills and 4.04 45731 98" record April 14 ning the eiehael : rota : : 182-day bills esa f . sin T TOC | BUSINESS SPOTLIGHT ne loa Tat le tne te ay 00 2 Fr ay eo eae Perce a pees : The bank said its action was|100.20 bid and 100.30 asked. | ae ; ter. Dew Bhdagucy oP oe Raga aR 41 OU ose og ih yy ad taken in recognition of the ais| Long - term Canada andj EARNING ABROAD cals of Canada Lid., common '. Zerento Steck Exchange--March 23 | Aigo Cent 100 $9 9 9 + ¥!/ ° nificant decline that has oc-|provincial bonds ended the day| Nearly 1,000,000 Spaniards are|!9 cents, March 1, record See thet Be Access Lo Prudential Funds (gis nee rectors oth ose co ets ttl hein rights, xw--Ex-warrants. Net change is} Alcan 2678 $33% 23% 3%+ % Morgan also cut its interest ree = si zy Se from 'previous board-lot. closing sale. Alcan ,., BM a a . rate on brokers' loans. to 5%/|° e & t. MINES Asbestos 2307 $25¥a 25-25% + per cent. ce 'c's si! Benefit To Other Companies).2vtra, se fis HAL | Ea ae oe 1 offered the bank's best custo- - Acad Uran 200 4 4 4 Bank N S$ 275 $76%4 76 76 --\% mers. Other rates are scaled Y Y Bathrst A 4 $63 63 Cx] Vs i i Ag " MG 2500 11S 1st 15s -- Me Ser A ema Na Mi TORONTO (CP) -- The main _In a section on Insider Bene-;Toronto apartment develo p-jupward from it. ae itche Se ee Bell Phne 1133 350% So' sos a\Denefit received from Pruden-jfits, Clarkson, Gordon says all|ment. _ Am Larder 2000 3130 30 -- 2 Bow Vi Ww, . 0-ar0 aD a0 Ne tial Finance Corp. by J. B.|Brien's other companies 'would ACQUIRED PROPERTY : ii fe ramailei ; i j ve ; ; Ang Ryn 400 132127 147 --8| BA_oll 280 $374 32" 22% + v Brien, its president and general/have faced extreme difficulties i Montreal Police In this way, the report says dog Ooo ve SOG "| Sere no 2éur a ig -- *|manager, wat easy accane by/in obaining funds from, orm (prien wiped Gut hs Hablly' . Ans! ee list below. - jhis other companies to money|length lenders.' were facing Br tntl Fi 400 50 0 | : : . j ateey eons i Ty £2 | som res oo Ay reay Bey obtained by Prudential from the| heavy losses. But through Brien charge may = --- beege Report Awaited 'arcadia 5500 21% 21 2iva+ val Can Bread 100 SIl%* WM 1% public, says a report to the On-|they could easily obtain money|@"¢, Dy transferring other La-| moRonTo (cP A ve, . ' thas, ; _ s of auner 100 243 243 243 + 1] Can Com) sme Wee woe %(tario government from Clark-|from the public. bilities to another of nis comp- he : ethim #00 650 650 650 +5 March 14, 1967, the Ontario Se L Hawk 3600 28 27 27 --1| Can Perm 1100 $12 12) 12 son, Gordon and Co Brien is facing six charges,|@nies, was able to acquire in| wurities ¢ ai ralorne 250 145145145 Cdn Brew 250 $6% 6% 6%--W : : : : BS Bess cust' 'valuable farm prop-|'Utities Commission was still roul Reet 1500 252 25 25 + %4| C Brew Ap 220 $38 rT] The report is a 31-page in-|including theft and fraud, in ty" which wi "| waiting for a report from Mon- runswk 475. 700 700 CB AI Bw 220 265 265 265 stigati connection with Prudential's/etty" which would otherwise)+iea) poli ry he Bunker HH .1000 24. 24... 34 Co ts" 100? app + a |VeStigation, not yet complete, have been available to Pruden-| en, Pouce additional wit Camflo 100 37 370 370 --$| C Dredge 200 290 29 290 + § linto the financial maze of Pru-|Cllapse. 'Hal oreditars nesses in the investigation into Camp Chib 1000 660 660 in Food Ip 200 $47) 47) 47 +4%4 dent. i ; : the ins eas "te ie fe fH a 4| c'ivee & HB tine the tte Genumioe last December withfmestions that 'Brien marked), THe, Teper, says Prudential ican General Insurance Co. Gon ties see tin tele," | CPR m5 sie 12 1% an estimated loss of $17,000,000/up" the value of a leaschold 8/757 these transactions 5) The OSC reports this in its It's nice work, making a whisky that tastes as easy as 5 Star. tie" Bee iat below, C Petrofin '511 $12) 11% 12. 4 %t0 its noteholders. Prudential subsidiary had in a : submission to the Ontario gov- , Seen UD ISA IS ts. --M4| Con Tire A 175 Slam 18% 18% In another transaction, Tre-|ernment, tabled in the legislat- But it's no easy job. Coch will 100 116 116 116 --4| C Vickers 225 $15 15 15 ported by 'the investigators, ure Wednesday : * . eee ye . Con-key 1125 11" 8h WA CWN G dipt Se 5 15 1s + Me T at al Net I sses To $17 Million -: 2, Pine, Seas Niet) he Tapert 'saya the OSC be. It means selecting very special-whiskies from our five i Ch ell 240 $13% 13% 13% |president 0 rudential, ree Py re . . . fon Giles $000 % % " heme! 1 Pp ozs $19 ae Pp himself from a mortgage on a plage yeti ee breeding distilleries across Canada. (Only Seagram's has five, c M 1 1200 320 315 320 +5 rysier MS $44% 44% MM+™M% is ae i |} : ' s y | i : 3 ris 1 Ae Senin ws too ee Report To Queen's P ark Show oer er cee Prudential fi" Prudential Finance Corp., by the way). Then blending and re-blending them to get on Negus 4 ; + DY - j . y me Palla 'oo ae pee Soul p by Ps » * vy, '< jnance 'his company's purchase| jar ar Re tate 5 Star's easy taste. Cop Fields 600 128 128 128 --2| Cominco 414 $31% 31% 31%+ 4) TORONTO (CP)--An interim|subsidi ; 412.142: Of the property. Part of theiceny in D it . Py : Con Bldg 200 150 150. 150 | subsidiary companies $412,142; igpetsd early in December and North ; EF teh ane stea tpan a8 Con Paper 300 $42% 42' 424--alreport on the collapse of Pru-|Canada Precision Devices Ltd. property was transferred to| american, a federally incorpor- Is the taste worth all the trouble? Very easy for you to find out. Crowpat 2000 10 10 10 Cons Gas 1345 $16% 16%4 16% + 4! i ' . Prudential as collateral for the 5 aa rowp! e+ 4'dential Finance Corp. Ltd. by/$214,665. A ated company with head office D'Eldone See list below. Corby vt 25 $29% 2% WUu-- Va advance, but the title was con-|; i Denison $59%4 5914 591% Cygnus A 14375 375 375 chartered accountants Clarkson,! Ontario Brick Ltd. $202,580; |" Ba b 6 om Bish N-!in Montreal, followed suit a few Discovry soo 135 132-133 +} Puen oe ee Ue Gordon and Co. says the com-|Wentworth Insurance Co, $178,-|'°"° sapere x ae 4 OP S| weeks later. Donside $000 7 giz +) Dome Pele 105 $85 55 55 + \%|Pany's activities from Jan. 1,|368; Balco Industries Ltd. $106,- sae ciitee ; ay | The OSC mentions the com- Endake Min 200 $119 11% 11% D Electro. 225 $16% 16% 16% |1961, to Nov. 18, 1966, resulted|763; Oil Fields Services Ltd.|"8% Placed in recelvership. | njications of investigating a G Aiskds Sit eo Dotasce ce deo fade aot aoe "Jin total net losses of $17,356,024.|$28,000; Canadian Brown Steel ag rice aye ~ Clarkson|company which came under Frobex 3943 405 395 400 Domtar 285 $177 17% 17%--%' The report, tabled in the On-|Tank Co. (1960) and its sub- | Oak CORK fipogtect three jurisdictions -- federal, Sin feo taker iS $39 eM, t M\tario legislature Wednesday by|sidiaries $27,134. ithe . ge 3 Hine to have both/Quebec, and Ontario--due to Grandroy 5 30 30 30 Fam Play 175 $364 36% 36'+ 4|Les1{ie Rowntree, commercial) The report shows profits urs | ere BREA CARE set aside. the nature of its incorporation green at ioe uv = a ne pie Mt al A a tc. affairs minister, gives this\ing that period for two sub-| LETTER RM SETAE NTE BOOT RH TT 2 c Ford USA 10 $54% 54% 543 breakdown: sidiary companies: Hoe Boy 'ms sian a Se ig) raver 0 B25 25% 25H +\*| --Amount lost by Prudential) Peerless Carbon and Ribbon oronto lrade GUARANT ison Coe ite: Fruchaut 345 $1514 1518 Finance and Prudential Fam- ad ae On donde ' | Y Jensmith See list below. $85%4 85 85 ily. Credit Ltd. in their own/|SUOSidiaries ,111; Saunders Ed d H h Good 1 190 1 ? = Kom' Kotla 77) 0 4 0 + GI W tite 95 851% Hoe = %| operations, $7,462,861. Form Hardware Ltd, $70,138. ge lg er TRUST Kerr Add 410 $1196 11% 11% Sraying #0 $21% 21% 2% --Losses arising from invest-| While some losses apparently | TORONTO (CP) The Tor 7 uar z 104 10v 2 b A -- - Leb ain 700 s79% 10M 2 + ' Hard Crp A 400 $13. 13. 13 --~¥| ment in and advances to other occurred through poor manage-i into Stock Exchange ' edged 32 KING ST. E. L Dufoult 725 $12% 12% 12% | Hawker S445 415 410, 410,10) companies in which J. B,|ment and too-quick expansion,|¢_actionally higher in light a -- | Hays Dna yy 4 ': 4 1" Pi soucaal be tue Til S14. 1 i Yl ome A. 250 slo 19% 194+ | Brien -- Prudential Finance's sabe atc it fh rind ing Wednesday. Open To Serve You SEAGRAWMW'S Lele 125 so io sso +10 | Hore Pir 200 299 20 290 prosionst epee ts " the ple sed Dae oontinied and The industrial index, the key Mon. - Thurs. 9 te 5 ; Y eneficial owner or to have is i , . i HB Oll Gas 1435 $28 272 2% + % ; indicator of the ' = eyil eee An aa ae Husky on 100 $1344 13% 13% + \| had a financial interest, face tice poured in to keep}r, ance, gained -- ret | & mbrex 900 495 os + operating. ee} ge fel i he rnigg 1500 1% 138 0 Imp Oil 573 $56 55%" 56 + val $3,440,753. The eon 2 Ne these ere A total of 2,188,000 shares Friday g to g Manok MS 800 5'4 5% Sir--'e| Imp Tob 276 $144 14% 14% It gives this breakdown on ae ie s ,|changed hands compared with Malet 16100 12% 12 124 41%] Ind Accept 215 $24% 24% 24% } ' heidleries: resulting from investment in P K Saturd Q te { ® ® Mattgm! 150 $14%4 14% 14% Ind Minert 100 $11. 11 11 sbditipd tags wlanada nico aang and advances to other compan-|711:000 Tuesday. aturday + re Mentor 1500 53 53 $3 Ind Wire 300 $655 6a bi Filton Steel (Canada) Ltd.}j ' Crow's Nest Industries ad- ° : Midrim 2500 4039, 40. 1 | Inglis 150 $10% 10% 10% -- |go 344 916. Ontario Metal Spe-liy. which Brien appeared to be! vanced 2 to 18, Moore Corp. and Mt Wright -- 1500 Ve 26% + Va| Inter-City 100 $147 14% 14% p9ee,0l8, SPe-ithe beneficial owner or have a 4 : MINA 1300 Tak aah tae ta | intr Cty we 225 345 34S 345 clalties Co. Ltd., $1,156,477; Fil-|4 th ; ® ®\Cygnus B 1 each to 99% and | ae Nealon 100 6 «66 6 -- MA] IMC 400 $42' 2 422+ "alton Realty Co, Ltd., $1,136,969 financial interest: 10% after being as high as 12 Phare 250 254 254 254 44 | Int Nickel 388 $95 95% 95+ W/ 'On y Co. Htd., $1,195,909.) Triangle Equipment Ltd. and). cai %, to 4 | Nine, sie Ss Ses /3ss io | int ut 00 sze% 28% 2844 %| Investment in shares of Northlits affiliates $2,609,484; James|2n¢ Clairtone % to 12. Chrysler N Mylama 2000 18/4 IBV 18a Va) ITIP Sieel 300 a5 400 46s. + § {American General Insurance|H. Beale and Son Ltd. $313,109; nie Massey-Ferg- Norbeau 3450 39 «38)«39:«+'1+| «Intpr Stl pr 100 $204 20% 204-- '2/Co., written off $914,545; Agency |Special Equipment Co. $274,559; | ~ : 9 e OO ee cet a Somaic™ 8 ae ev a et y:|Insurance Services Ltd. and its!Penn Motors Ltd. $243,601. > tie ee Gee haha Northgat 850 465 465 465 ames 200 360 145.84 and b f i Obaske 1000 7% Te % Jeffersn w x15 $21% 21% 21% 84 an ase metals .13 to! 10% Jockey C 610 400 395 400 +10 90.44. } Siein® mw Saag ag =f) tint", su'Ba'24"" Report Says President Treated | 1 afarge $12% 12 J } Pamour "230 ras 166 166 | | LOnt Com rl00 5° a0 as i po ' Patino 100 940 940 940 aura Sec 210 $124 12% 129 | | e e Pce Expl See list below. Lav Fin 1200 $5¥% S% 5% + "Co : As P ] P rt Brien Received Vs L F 1.25 400 $13% 13 1 | i Fees, ua tts | ee Baie th thes n UOMpanles As Fersonal Froperty eSe@ Surls are in Pine Point 220 $51 5) 51 Levy 1590 $17) 17 7 $132 942 Sala Placer 137 $32% 32Ve 32% Le co A 7 fe 8b 8 TORONTO (CP)--J. B. Brien,|plete control of the affairs of i" ry | Preston 370 $154 15ve 15% Lob Co B 210 $82 82 84 "e | Probe M 1000. 1012 10¥2 10' Lob GA pr 45 $24 294 2a president and general manager|the company. TORONT *p)--J 4 e QM! 240 20 240 Loeb M40 $12' 12% 12%4-- wlof Prudential Finance Corp. and] In fact, the two outside di-| cident np i ee eres | Suopert: Wo me Ae ee Matcenn $23 23 23 + 4/ several of its associated comp-|rectors were absent from a|President of Urudentia' oinance te F Corp, Ltd., received $132,942 in Rio Algom 1290 $27% 27% 27% MB Ltd 2315 $292 29% 24 anies, treated them as his pers-;number of meetings, Clarkson, 'pa ze ° eee Mio Alp cw 20 $134 13 13 -- M4) Magnet) 5 $96. 96 ge. | "jonal property, says an interim/Gordon says, and their attend- salary and interest payments ps Be oes Sth ae tave--a| Maritime 100 s23% 23% 23% --u|report on Prudential Financejance decreased as time went from Jan. 1, 1961, to Nov. 18, Ryanor 1000 12h 12% 122+ %4| Mass-Fer 1620 $25% 25% 25% + %/Corp. Ltd. by Clarkson, Gordon |on. 1966, an interim report on the} Sherritt eas a a Molson A" 250 Said aim im-- we(and Co. : "It was obvious that no mean-|OMPany's collapse shows. | Sil Eureke 1000 140 140 14 --5| Mon Food 100 $87 8% 87% | The Toronto accounta ingful interim financial state-|, During that same period Pru- is Montex $000 265 260 10 | ,. ga | i i , ee: Se Be: 28 neo 140 $991 99% +o is vs itirm. reported that almost alljments were presented to the dential Finance -had total: net ek mea Be Bs Morse B 100 $2198 21% 21%-- ithe common shares of Pruden-|board in order to permit 'the|!osses of $17,356,024, the report * Sian ai 3g | Meret m8 He RB tint were held, by companies|directors to assess, the propri-|¥ chartered accountants Clark: Ce ee Net Hees 300 100.100 "100' "lcontrolled by Mr. Brien or by|ety of the declaration of divi.|S0n, Gordon and Co. says. The nus US Toro" 30 8S | NE Tel 100 SIM IM ISM -- "ithe two outside directors he had|dends on the preferred shares," oni war _ : the Ontario 'orm - ; egislature Wednesday. Trib 900 120 120 120 Noranda 902 $5446 S4¥e SéVe appointed from among his em-|thé report says. igi -- Piten e h e | Rit WERE AR nt Mlplovers ' Peer ee cnielion elt ection sak tm cote Un Keno 215 365 365 365 Oshawa A 27 $32% 32% 3278+ % These are identified as C. C. withheld from the two directors ee { West Mine 100 405 Bae Pete 2820 $11% 1% 11% + Wloarrothers of London, Ont 'and concerning acquisition of assets } White - Sta 2000 31% 31% 3*--w ee ler $10 10 wo --2 s ' . ; | liane el epee' Wily "Bat i ai ve | (hil, Co 25 la su ta (RC. Fuller. Iman's credit corp., described || LEB WIS indfai i sy s Win-Eld See list below. QN Gas 1200 $12%4 12% 12M Annual meetings of share-jas the effective parent of Pru- | Doy-time, night-time Yukon € 2000 92 92 92 --1 | QNG 5.40 p 205 SB5Ve B5¥2 85% : ae | , ¢ ee | Bice aS ta B~' | Scbte SS tern nore calle opr el Pr OE ICAL you go krewedoebly or Rank Org 2700 495 485 495 +20 |S'81€S, = DI Pig ' ere y | x ' OILS, GAS Reichhold, 100 $25% 25% 25% -- vloutside directors did not be-|formal approval of loans made/f/1014 King Street West a9 ot puis @ an we LS, Rcrodmell 1000 28s, 275, 285, +25 }come concerned, Mr. Brien had/to other companies controlled 725-0444 knows fashion. Color-cued pion vain Bid " " Romtield m5 40 40 40 no problem in retaining com-'by Brien. | specifically to your taste. Rothman nh oh 2+ | ---- ittle i CS" ete cag A ae Royal Bnk 245 sto. 80% 80M -- 4 Ee > " an esas Het C Ex Gas 2100 340 330 340 +10) CUS Ta UR RO soy you know how . . . be- € Gridoll 2700 430 615 62 +51 Sere foo sti TW couse you know you can Con Sup © 1439 $31. 304 31+ 4] See et ee a om Cdn Trient 100 350 350 350 Era sav. Se be i Py garg iad count on us for custom qual- Cont Del 1035 $11% 1 Tl + Me) Shei Can 475 $25% 2514 25% ity f Dynamic M50 144 4242+ 1 | ons on tk ee ae 7 % a s a ity fit, Fargo 100° S15 315 SS Bg Sk ine we. Gt COllsds 710 $117 11% 11% + Yel Ser pe 225 $17 17m 17% tat Hellum 1090 320 $70 97 -- S| St Oe ee ee ase me Midcon M100 52 $2 52 +2) Steinbg A . 100 $i8'a 18% 184 -- W Mill City 2500150 150-150 + 5 | FEROS iy taskcaee Ga FROM Mee ee me | Them NP 10 say ae tla + um Tone Craft 205 495 490 490 +40 : i bee" me fim fo fio] Tech, a T% The greatest story of love and faith Prov ee 44750 sis 535 70, +5 Trter a x 1 ent an ey a fo ee PN i ee the world has ever known: 5 Stanwell ho a ee de Tr Can Pl p 125 $492 491% 49% -- Triad Oil 900 189 #188 188 --4 Tr Can Pw 2125 0. 820 30 sa Weenie: 1800. 970 002 te een ev ae era iis W Decl w 800 128. 178 178 +8] GoCarbly 258 s2us4 2434 gaa Ne Pri Distributi Distribution ot Treasury 'shares pis me gtd bird ee Ye The Toronto Stock Exchange has been| Versatile 160 $33% 33% 23%--Y% advised that the fellowing companies! Vic G Tr 230 $15 #15 WS have entered into underwriting and op-| Vuican 500 320 320 320 tion agreements which may result in| Wainow O 900 77 76 77 +1 PLUS treasury shares of these companies be-| Walk GW 345 $32%4 32% 22% ing under distribution currently through} Weldwod 100 $11. 11 n---%& the facilities of the Exchange: Wburne 1300 170 170 1" Am Moly 700 36 % 3% 2 Westc'st 25 $27%e 27%e Fwe+ % Ansil 3500 8 8 8 West Ind 200 240 235 240 : Cdn Nisto 4000 19% 19 19 West Ind A 100 390 390. 390 +10 andor 14000 31 29 30 -- 1 Weston A 215 .$19% 19% 19% Cc Red P 23500 25% 24 25 + Ya! Weston B 225 $21% 21% 21% Cop Man 2000 260% 62 261m | Wain vin 3 $83 : trish Cop 1000 15 15 15 White a eine pe peek In Merchandise of your cholce Jonsm 13000 17/4 Wh IB -- th : dhl lorlex i to Tl am.: 000. Pee Exp 22500 7) # 71 -- 4 aes OREION TRADING FREE I] Win Eld 100500 19 18Y4 1814--1'4| Clairtone 200 $134 13% 194-- CS Pete 1000 205 205 25 +1 Esvtet i A fy oe ot 16% with the purchase of ery suit, except Teen-Man. amic 160 (160 2 . INDUSTRIALS Provo Ges 800 600 600 400 +28 : ' ae Bralorne 100 180 180 180 +5 Abitibi 330 $11% 11% 11% Denison 2 60 6 Acklands 1000 $63 6% 6% + Ve! Minerals 1500 143 «143° «(143 ia cae . ! ' USE YOUR CREDIT -AIDS Easter Sunday, March 26, 7.00 p.m. 9, CP Acustico Y fousveo® BELLINGER Channel 9 A 23 Athol St. W. Oshawa 723-5401 ST ° @ A Complete Audiometric Analysis 'iy ARRING: RICHARD BURTON, JEAN SIMMONS ) @ Home Demonstration by Appointment Without Cost or Home ber VICTOR MATURE, MICHAEL RENNIE PERSONAL SERVICE BATTERIES & REPAIRS FOR: 2 LOCATIONS ' ACOUSTICON MULTITONE MAICO TELEX ae RING re omtaws SHOPPING CENTRE BELTONE OTICON RADIO-EAR UNITRON Open Thors, ti p.m, n Thursday ti p.m. DAHLBERG PHILIPS SIEMENS VIKING Brought to you by Ford of Canada FIDELITY QUALITONE SONOTONE ZENITH CLOSED ALL DAY GOOD FRIDAY