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AWA TIMES, poeeeever from more than 80/GATT, told a news conference| He said the chamber was not THE OSHAWA TIMES, Mondey, Mey 15, 1967 | Mey 15, 1967 FINAN( IAI REPOR i S Herecayes. that the chamber decided to|pointing to any single country : | Jean Royer of Paris, ICC con-|send the telegram after getting|as the cause of the difficulties,| He said the chamber hadJabout the difficulties, because TORONTO 10:4 AM. STOCKS Can Cem 218 $445-- 43¥2 4314 jsultant on trade and former|a report that the outlook for the/but called the lack of progress|been taken by surprise by the|"we had thought everything Torente See eee Mig s re prep o ork mM an deputy executive secretary ofltalks was not promising. a real tragedy. report it received from Geneva|was fine and dandy." ons In cents uni ; fire See Noceeacenmeeet| Stet , 8 ta ge a2, y| BUSINESS SPOTLIGHT ee favour rt Sie is Me Perm 730 $12 12 12 id ard-| S| . - Shes ums | se @2 3 "" Last-Minute Plea Mad rew Ap CB ALA pet 'eae t wee ve | OAK 6 etn, ASTIUINULE Plea ivade | vulnerable, Stock Salen High Low a.m. Ch'ge| CC Manag 25 ces a 7% . Moly See list below. C Dredge 100 350 350 350 B Ch be Of Co Cdn Ei 465 345 - NORTE Ae ity ma RM | eck me wu tu au amber mmerce Ang We 5 ote de On ae ciate Ba Sa ee AEKQ erex no 3» 3 9 --Ih% ¢ Ice Ma A eo $16 1% 16 + By KEN SMITH the success of the Geneva trade A106B4 (ae 2 60 60 a0 oe ees wae a rae Canadian Press Business Editor|talks. ; ,Q1098 tem wer 2} € Marconi 645 475 475 475 +10 | MONTREAL (CP)-- The In-| Expressing serious concern bralorne 200 195 195 195 Mare r 42755 vA so ternational Chamber of Com-jabout the lack of progress in a 410 ne eS | SC Rete fe 7" {2 $2 Z| merce issued a last-minute plea|the talks, the businessmen's or- 942 unker H 1000 22% 22% 222+ Ve cen Salt 25 $36 6% Sunday for governments to/ganization also announced it o39833 cam Mine See list below. Ea Tite A 240 $18 18% 184 -- "break the deadlock threatening|has asked leading executives 76542 Come Chib 2500 615: gi io +5) € Yiliies 6) SMG 3s 34 + M4 within its. membership to put & byne Ds is 17 tor | & Westing 1000 $21 21M 214 pressure on their +0 Aad te 14 Captain 2000-154 -15-- 154 5 Te 1 : ss oN : niptelomay AQT42 Sepigio ge Caribben 5 198 198 --'s to seek a successful conclusion = 109865 Chestrvile 2300-25 as pokk to ame a e al ore to the negotiations, only hours a Chimo oO BR OB +T! Cheyer | "TIS Sa ay ar away from possible breakup. AKI Sore Sce list below. Clairton 240 $114 NM Ne -- Ya The talks, known as the Ken- ze ag 2 ae al a Con Paper 25 S415 41% 4188 -- Yu Sales Dro nedy round of negotiations and ; Mast © Halli 00 70 6 69 --¥| COM Paprp 150 $26¥2 264 264+ 4 aimed at a broad easing of in- € Marin 200 57 520 5% --5| Cons Gas 318 $16 1612 low + re 26 Pass © Mosher 3000 20-00 | Gane | aaNS a a os ternational trade restrictions, a SNT Pass Neg 22000 35V2 34¥a- 35 sacnen = A ue 18 "a By SALLY RYAN have run into trouble because 6@ Pas 3 pee Pop $0: list below. Crain RL 200 47. 47 47 -- %|. NEW YORK (AP)--Just when |of lack of agreement on several owpst 100 Tia Tin Th -- M4) crestork =» | 900 $777 Johnson administration officials|key issues, including grain, oo in DEWdone te list below. Dis!' Seog 350 $32 32 13 | ,,|were whistling merrily about anjchemicals, steel and aluminum. ig 0 - Banlaan 160 $684 68¥4 6814 + | Dome Pete 200 $523 52% 52% -- %4 upturn in the U.S. economy, out} Trade Minister Winters flew Dome 250 $4294 4234 42% 4 tec 2 ny i hl is came a sour note this week. to Geneva last week to join the at hand pla' Est Sul 300 500 475 500 Dofasco 795 $25% 25% 25% | Retail store sales for March |negotiati me of New Zea- Piven 200 190 190 190 +13) Dom Glass 145 sisve 13% 137 (did not rise nearly as much as|s. so : erts. The deal nt 200 125 125 125 --2| Dom, Store 160 sis 18 18 = [originally estimated. Initial fig-| The Chamber, starting its 21st paratively rare paulo ee it bee, Domtar pr 225 $19% 19% 1934 ures indicated they dropped in|Congress here, sent a telegram ys which led to can ar ae Con a eee ae April. to Eric Wyndham White, direc- spectacular end- oa oe minim Econ inv 300 $il4 1M 11h-- Yi) It was a big disappointment to|tor-general of the General agree- Hard Rock 220 5 5 5 Fam Play 160 $3612 362 362 -- economists. ment on Tariffs and Trade and Pm and Bell tiers oe ee Fed Graln 600 $6% 634 6% The federal government has|Chairman of the trade negotia- iy He coud ey Huds Bey 200 $61, 60% 604 -- M4 Freier 'i000 ay. ag 3 «T§|been pouring money into the|tions committee. . 'am "a GM 12 $88% BBV2 88% economy and the Federal Re-| It said the success of the talk: Hydra Ex_ 3000 20 2 20 ; e talks 9 . des in dummy, fron Bay T 100 355 355 355 --S Sil a ae ee as serve Board has been working|is essential for international co- Canada's First Bank likely to leave $0 200 145 145 145 -- 2 3 AB 230 SM 24 25 1 s goal of tvelve aye Mx 2000 15s, 15% --1| Gia Lie | 2s SIM 5M. SIM + to ba Neng Tota' ari. operation and continued eco- , Joliet 500 28¥2 28%2 28Y2 PBs oe ment spending increase: ,100,-!nomic progress, and to guard] « 4 wae ,aitenies 2 Jonsmim 0 Se iat below. Hard Crp A 250 $14% We 14 --_|990,000 the first three months|against a revival of protection- Ask about a 4%% True Savings Account at your nearest branch . u Sam Kote Hays Dna =---200-$11%4 M4 WM + withis year. Interest rates have|ism throughout the world. jore than a 3-2 ell naturally se- 'method of play ontract as a re- versal involves 's losers with np suit in the clarer ultimate- er trump length tract the oppos- S procedure en- ore more trump would normally e, ie diamond lead s hand. He then to the queen, diamond, led a g, and ruffed a exhausted all nps, he led the ) the queen. He » ace of hearts, last trump, and diamonds, On e discarded the cked the clubs ational discards cash dummy's imself to eleven of spades then the slam-going Bell scored four f diamonds, the and six trump je a resounding nces sville P)--The legisla. reading Thurs- at would enable Hagersville to 104,500 for con- ers and water seeking permis- tario Municipal duced by J. W. r of municipal ovides for im- wer and water bject to OMB y for the pro- s would be pay- » than 20 years. Blasts on Plan ch. (AP)--Gov- omney says it ic error if U.S. deeply involved tnamese pacifi- governor refer- nference Thurs- yuncement that , Westmoreland | in charge of effort. West: . U.S. military ietnam. S BORDER Yugoslay films 1 foreign coun- old me enough > than a guess, a defect in the n be corrected ir tension sur- R. T.: Consider es, one contact nereal disease, u didn't get it. ; will not show 200 315 315 = 315 Kerr Add 3310 $13% 12% 134+ % K_ Anaton z14.70 7 70 Kid_Coper See list below. Dufauit $13. 13° «13 L Osu See list below. Li 045 $13% 13% 13% -- V2 Langis 1000 32% 32% 32/a--l'2 Lt Lee 41 4) Ml 4 redo 500 95 95 «(95 Louvicr? oo 19 19 19 +h Macasse 500 160 160 160 100 130 130 130 +4 3 533 Mattgmi $13 13 13 +% Maybrun 3500 9 9 9 = McWat 500 56 56 S61 Midrim 2050 4 4 40 +% Mt Wrig! 500 26 Multl-Mi 100 132. 132-132 New Ath 1000 20% 20% 20%+1 4% 42 4% 550 550 550 N Hoscd 950 245 245 245 +4 N tmperal 100 325 325 325 +5 Myla 15000 21 «210 21 +7 N Sen 2000 44 43 43 +2 Norbaske 2300 62 62 62 Norbask ¢ Th ™% Thels Norpax See list below. North Exp See list below. Northgat 650 495 495 «495 Ri 7100 3 30 0 North Can 300 115 115 115 +4 N Beauc 1900 94 92 9 +7 Opemske 915 990 985 985 Osisko 2000 68 «67 -1 Pamour 400 180 180 180 Patino 270 880 880 880 Poe Expl See list below. Peerless $s 8 8 --"% Pine Point 275 $50 50 50 Placer 220 $362 3612 36% Pow Rov 000 58 SB SBD Preston 176 $194 19% Wht Me 'obe M 500 9 9%. WVam Ve 6500 94 92 93 +1 200 810 810 810 --S§ Radlore zi 52 52 ay! 200 122. (121 «121 = Rio Al $332 334 33M Rio ir 30 $1032 1 Rio Alg cw 160 $17¥s 17% 174+ VW Rix Athab 72200 24 Rowen €n 3000 lowan Hite 500 26% 24 Ut Ve reitt 1750. 430 Slivrtide 220 300 =300 Silvmq See list below. Siscoe 2100 500 495 495 Stanrck 200 330 330 330 --10 fteep R 2000 570 570 570 Teck Corp 200 490 49 490 +85 Texore See list bel Tombill 300 114 «114 «114 Te 1000 6 é Het beg 8 a ie ie U in U Asbestos 278 320. 280 Un Macfie See list below. U Mindam 2500 22 22 22 +2 in Q 1500-13 12% 13 West Mine 300 5 85 --15 lliroy 1200 9% % 9% Windfall 1600 15¥e 15¥%e 15% Yale Lead 2m 2 20 + Yukon © 300 105 100 105 +5 3 3B B+ 16%. 16% 16h -- Va OILS, GAS Alminex 1000 475 470 40 +8 Am Ledve 1500 15 15 15 Anchor tet aes | Asamera 1133 475. 475 475 +18 Banff 200 $13% 13 13 CS Pete See list below. Dehi 125 235 235 235 +15 Cc Delhiw 100 4 4 4 +9 C Homestd 21 199 99 --6 Cdn Sup O 9100 $34% M4 M+ % Cdn Tri 260 755 755 755 D 100 $11% 11% 11% Dynamic $00 115 113 115 +2 Fargo 100 370 365 365 --S§ French 420 420 420 +10 Gr Plains 250 $1l¥e 11% 11% Gt COllsds 250 $13% 13% 13%-- % int Hellum 1070 320 320 320 --5 N Cont 1000-35 2 N Davies 1000 14 4 4 = 1 8 aBsse ttl +++ onHGnh WOO 1 Censo w 37: Wstates 300 500 500 500 --20 200 250 uy W Decit w 100 110 110 110 +2 of Treasury Shares 'The Toronto Stock Exchange has been Home A z15 $19 Horne Pit 3050 350 345 350 +5 HB Oil Gas 50 $32% 32% 32%-- % Hur Er 14800 $10%4 1044 104+ Ve Husky Ol! Z10 $14%e 14% 14% Husky Dw 172 635° 635 635 +10 Imp Life 25$170 170 170 ol 151 + Ye 59% 59% Imp Tob 100 $142 14a 14a Accept $25%e 25% 25% Acc 5% pr 25 $25Ve 25%2 Sie+ Ind Mineri 300 $14 14 14 --V wi 7% 37% 7% Inter-City 750 $16% 16 16 20 $99 Int Nickel 4; 7 + Util 1275 $31% 31 31+ Intpr Pipe 276$106 105 1066 +1 int Pipe w 155 $41 41 41 Intpr Steel 300 475 475 475 +10 Inv Grp A 408 $12V%e 12% 12% ITL ind 2080 Va 32+ % James Sti 2130 425 400 400 Jeffersn w 100 $26%4 26% 26%4--% Jockey C€ 100 Labatt 125 $26Ve 264 2644+ Lakeind p 200 $19 19 19 +% LOnt Cem 350 $5¥%e Swe 5% Laura Sec 103 $14 14 14 Lau Fin 1200 $5 490 40 --5§ Lav F 1.25 100 $144 14a e+ Lav F 2.00 250 $23 23 Lau F Bw 20 75 75 75 evy 200 $20% 20 20%4+ % Levy A pr 125 $10% 10% lW%z--% Lob CoA 600 $75 72 7¥2--Ve Lob Co B 300 $8% 8% 8%-- Loeb M 700 $13¥2 13% 13% MB Lid 901 $2 2914 DA % ppl eg £1 1320 $222 22% 22%+ Ve Maher 100 $1 2 M Lf Mills 475 $19Va 19% 19% Maritime 250 $:; 23 Mass-Fer 225 $2) 24% MEPC 200 320 320 320 Molson A 270 $24 «24 24 Moore 1750 $: 28% -% Morse A 220 $23% 232 23¥2 Net Drug 250 $14V¥e 13% 13% Nat Drug p 100 $15% 1544 15% +2% 200 She 6% 6% 'anda 440 $53% 53V2 S32-- Nor Ctl @ 300 $11% 11% l%e-- Ve Ocean Cm 25 $20% 20% 20% Oshawa A 135 $39) 39 99 Pac Pete 225 $13% 13% 13% Pac Petew 200 375 375 375 ina 1000 $11% 11 4+ 430 $12% 12% 12% Pow Crp pr 50 Prem fron 1100 1 65 Price Com 142 $13. 13 13 +4% Gas 277 $10% 10% 10% QNG 540 p 50 $89 69 89 Rank Org 3700 $5% Ste S%-- Ve Revenue 600 S82 8%: 82+ Ve Ronald Fd 100813 13 13 +% Royal Bnk 335 $83 82% 83 L. 74 $21% 21% 21% Scot York 10 $13 13 13 + Shell Inv p 375 $7% 27% Shell Inv w 200 Shell Can 100 $26¥%6 2644 26% Shully's 100 230 230 Silverwd A 300 $16 16 16 Simpsons 162 $28 27% 28 impson $ 37) W W later Stl 210 $10% 10% 10% Southam 218 $43%2 43% 43% itafford 100 325 325 325 St Paving 100 $8% 8% 8% + Ve Steel Can 1980 $24% 24% 24% Tancord 100 $10¥2 10% 10Va Texaco 210 $27% 27% 274+ % Texaco pr 33 $77 77¥2 77Va Thom N P- 385 $28% 27% 27%4-- Ve Tor Dm Bk 214 $71¥2 71¥2 71a Traders A 2150 $8% 8% 8% Transair 35% 5% Sum Tr Can PL 474 $29 2 2% Tr Can Pl p 360 $48% 48%. 48% + Tr Can Pw zi0 900 900 900 Trans Mt z0 $18 «18 «(18 Trans PPL. 100 $8 8 8 --v Union Acc 250 300 30 30 --10 Un Carbid 2150 $23 224 22% Un Gas 1625 $11% 1194: 11% -- Ve U Sections 300 $542 5% S%--% Versafd 250 S6% 6% 64+ Ve Versatile 150 $36V2 36Va Vic G Tr 210 $14% 14% 14% 20 $35Ve 35 35 Weldwod 165 $10% 10% 10% 550 $28% 28 W Pacific Bt 35% She Weston A 20 $205 20% 20% + Ve Wstn 4¥p 50. $90 9 9 -- Wstn é6pr 20$103 103 103 York Lam A 300 265 260 260 --I5 York Lam B 400 230 230 2300 +85 Sales fo 11:00 a.m. 609,000 Clairtone 250 $12Ve 12%e 12% Moore Corp 270 $32 32 32 Pro Gag 200 $6 é é Dennison 130 $70 70 70 +% Dickenson 200 375 375 375 +25 Leach 100 73 73 73 --45 orth; 1000 525 525 525 --30 Willroy 600 105 105 105 --5 Y 600 210 210 210 --2 advised that the have entered Into underwriting and op- Glenn Exp 1000 + ith 5500 2+ Kid Coper 150 72 70 70 +1 t Osu 500 13% 138 %+ 4 Norpex yoo 868 8 8 --% North Exp % 26 =! Pce Expl 4100 76 75 76 +2 Silvmq 1000 26 26 6+ Texore 1000. 20 20 200 -- Un Macfie 250 37 37 37 CS Pete 3100 197 190 197 +7 INDUSTRIALS Abititl 40 $102 10% 10% Acklands 220 a% 8%-- Algo Cent 100 $8% 8% 8% Algoma St 49 $26%4 26% 264 Alcan 1372 $32Va 32s 32Ve-- % Alcan pr 7% 39e-- Ve Alumin 2p 200 3 2 = ann cT gus 200 $16¥2 16¥2 162 Argus C pr zisi] WoW Atl Sugar 2100 $10% 1 1 Auto Elec 3400 642 6h+% nk Mitt '$68' ae' Bank NS 3605 $16 16 16 +% Beaver L 400 $36 36 Beli Phne 1605 $51%4@ 51% 5I"@-- Bramales 525 39% 9% Wat % Bramal w 100 300 300 A Oll 2140 $35V6 34% 35% BC Forest 7225 $21 21 21 BC Phone 8 213 $68 & BCPh 5% p 15$101 101 10) 484 100 $23% 23% 23% Br Intl Fin 350 230 2900 --5 Burns ds 100 $15% 15% I5%+ % CAE Ind 400 $10% 10% 10% + ¥ Celgary P +M 500 $23 2323 Calgy $4 p 10$107 109 109 + ¥. Cal 100 CD Suger =e) BUA 246 2 | New Treatment Seen For Cancer WELLINGTON (Reuters) -- A technique developed in New Zealand for treating cancer by the use of high-pressure oxygen is attracting international at- tention. The technique was initiated by Dr. John Read, director of the radiology - biology research unit at Wakari Hospital, Dunedin. Patients suffering from can- cer are anesthetized and placed in an oxygen chamber, where "| pressure is gradually increased to 45 pounds a square inch. Normal treatment is then given, using a 4,000,000 - volt radiation accelerator. The ef- fectiveness of radiation is treb led by the use of pure oxygen The treatment, which has beer 2mployed for some years ir Dunedin, has been found to bi '0 successful in Melbourne tha vatients are being acceptec there from throughout Australis and Southeast Asia. PRODUCTION UP Total industrial production ir iweden showed a rise of threc per cent in 1966, the Centra! Bureau of Statistics says. Bt fallen, But higher prices and an over- all feeling of uncertainty have made consumers cautious. They have put off buying new cars, new houses and new furnishings for houses. Consumer spending rep- resents the largest single con- y|tributor to the United States' gross national product--the total value of all goods and services produced. OUTPUT INCREASES Business inventories increased to $136,940,000,000 in March, and stocks on the shelves and in the warel are lly high in proportion to sales. The prob- lem is to cut the inventories ¢ without cutting production or laying off workers. "When the inventory adjust- ment is completed the economy should move up fairly vigor- ously," said Alexander B. Trow- bridge, acting commerce secre- tary. Trowbridge said that would come soon, but just when de- pends on consumer demand the impact of major labor demands and possible strikes. Unemployment edged up to 3.7 per cent of the work force in April. At the same time, new orders and production dropped -- the first time both have dropped simultaneously since 1961, said the Association of Purchasing Agents. FRB reports manufacturers used only 87 per Cent of hteir plant potential the first three months this year, down from 90 per cent at the end of 1966. A government study indicates, however, U.S. businessmen plan to spend a record $27,900,000,000 on new plant and equipment this year, spending faster as the year rolis along. Business received some en- couragement this week when the Senate finally approved the bill to restore business tax in- centives, The bill would require dis- closure of financing charges on all consumer credit in terms of an approximate annual interest percentage and total cost in dol- lars, It has been heavily op- posed by most retailer and Jend- ers. The Supreme Court ruled that 4 mail-order houses could not be required to collect state or local "use" taxes on interstate trans- actions conducted entirely by mail or common carrier. The ruling may set off in- creased competition by hun- dreds of small mail - order houses, But it won't affect the giants of the annual $5,000,000,- 000 business because they main- tain stores, catalogue offices or warehouses in most of the states, so in effect, do business in them. PROMOTION William (Bill) Howie has announced his resignation as Auto Workers (Oshawa) Credit Union Ltd. assistant manager to accept-a man- agement position in St. Catharines, Ontario. Em- ployed with Auto Workers Credit Union since 1960, Howie was born and edu- cated in Oshawa. He has been appointed treasurer- manager of the St. Catha- rines Auto Workers Credit Union and commences his duties in June. 2 The chamber represents busi- ADVERTISING HELPS IMPROVE QUR LIVING STANDARD Why do we need advertising anyhow? Manufacturers simply learned to use adver- tising more efficiently to sell the products they were making more efficiently. With the result that more people were able to enjoy the fruits of what has come to be known as the indus- trial revolution. Today, advertising is still the best--and cheapest--method yet devised for spreading news about products and services. You may remember the old-time huckster touting his wares up and down the block. You still see a few of them around. In season. And door-to-door salesmen turn up naw and then. But they're a vanishing breed. Replaced, largely, by a more efficient way of spreading newsabout productsand services. Advertising. With the development of mass production techniques, the need for mass selling tech- niques' became evident. Advertising was already with us in those days, to be sure. But it had not become the dynamic force in our economy that it is today. CANADIAN DAILY NEWSPAPER PUBLISHERS ASSOCIATION 55 University Avenue, Toronto 1,Ontarlo, Canada © RABarford, General Manager, She Oshawa Times "Your No. 1 Selling Medium" We