Barrie Historical Newspaper Archive

Barrie Examiner, 28 Apr 1962, p. 1

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total assets Earl Baboock treasurer manager of the Kempcnfeidt Credit Union left is shown at OFFICERS 0F CREDIT UNION the annual meeting with Will iam Cain president and Jean Earlsh assistant secretary Examiner Photo Teamsters Win Round In Strike At Montreal MONTREAL CPI The Ina fernationat Brotherhood of Teamsters ind appeared to have won at least one round of its twowcckold strike against eight Montreal trucking firms with the announcement Friday that the companies will stop trying to crash union pic ket lines until Monday The announcement came af ter violencefiilcd day that saw northend Cote de Lieue Road in suburban Dorval turn ed into minor battleground and the first direct police ac tion to control mob activity in the dispute The violence flared to new heights when two huge trans ports tried to break through union picket line at the Smith Transport Company depot and were greeted by an angry mob of 200 men hurling fire bombs torches bricks and anything else they could lay their hands on PLYNN 1me sr EAST TORONTO STOCK EXCHANGE statistics Summary for Week Ending April 20 AVERAGE mun 9b April in Year Ago 114 Average Stock Yields cm us Bank 102 111 is Preferred and stock lac 5111 or Common Industrial as as Mining use us Price21min 11116 of lloch in nu insmmni inou camian Ratio rm pol mm April so ago Abltlbl us 11s 1141 Alsomn us 1sss Ins Aluminium 100 21017 2911 aen Telephone 250 2210 1914 on 159 214 2250 Canada Cemen us 1261 1267 anada Packers use 1233 Canadian Bank or comm 154 25911 cuss Clnldlln Celunese one 1522 usi can 2114 1152 1240 Consonant are 1560 1595 DistillersSenna us 1367 114s Dominion stores 85 15 1377 snipean 011 2265 231 fematlonal Nic 1111 2174 2521 leiprovincial Pipe 17 man 2291 HalseyFerguson 111 1111 1452 Shnwlnfgln 111 1s1s 790 steel of Cllul 511 1550 1571 Walker osw nos um 15 BULLETIN BRIEFS Hiram Walker Gooderham and Warts For the six months period endedTeb 28 1062 net income amounted to $14434 161 or $107 per share as com puted with $13702680 or $159 per share for the corresponding period of 1961 Gunoar Mining Ltd For the year ended Dec 31 1961 net income amounted to $5807556 or $164 per share and net cash flow to $8633585 01 $244 per share The companys open pit mine officially ceased produc tion on Oct 31 1061 after hav ing produced 2927603 tons of ore and all mining is now boa ing done underground At the endof the year uranium re serves were estimated at 67 million pounds As of Dec 31 1961 working capital stood at approximately $30 million and included approxi mately $25 million of cash and marketable securities Ahltfbl Power and Paper Co Ltd At the annual meeting it was announced that the com panys newsprint production was up 41 per cent in the first quarter of 1962 over the 1961 first quarter Newsprint sales for 1062 are expected to he fappreciahiy higher than in 1961 Conditions are reported to be good in the fine paper business and production of hardbon products at the Sturgeon Falls mills is sub stantially ahead of last year Production at the Alpena Mill is also running ahead of last year and expansion of facilities is planned at both Sturgeon Falls and Alpena Picmlnms lronOres Ltd It was announced at the annual meeting that the company will enter into an agreement with the Tomhill Mines Ltd to in vestigate and develop markets for the latters potash deposits in Saskatchewan and Manitoba If the results are satisfactory to Premium than it will arrange with its associates financing to the production stage the Tom hill deposits it was also stat Bdlhat theCPRisinterestedin the possible development be cause they hold potash mineral rights in the same general area Conmlldafed Paper Corp Net income for the first quarter of against $27079000 in the 1961 quarter Profit on exchange was $683778 against loss of $30420 in the first quarter of GI Dominion Tar and Chemical For the first quarter ending March 31 1062 net income amountedto $2577996 or $018 per share as compared with $1061866 or $013 per share for the same period in 1961 Hall president said the com pany had good lirst quarter with sales at $705 million or seven per cent ahead of last year Capital expenditures are estimated $30 million for 1962 as compared with $10 mil lion iast year Calgary Power Md Net pro fit for the year ended Dec 31 1901 amounted to $0034716 or $120 common share as com pared with 86246359 or $109 per share in the previous year AcadiaAtlantic Sugar Refin eries Ltd Net income for the year ended Dec 31 1961 amounted to $1818804 or 5101 per share as compared with $1669090 or $093 per share in 1060 Gairdner chairman attributes increased net profit to the modernization program which is still underway Be al so said the company is consid greiliag diversification in the food McIntyre Porcupine Mines Ltd The company has declar ed quarterly dividend of 30c per common share Pueblo June 1962 and record May 1962 The previous quarterly Some to Quebec provincial and Dorval police constables assigned to guard the depot re sponded with tear gas shells and volleys of warning shots Despite the police action the first truck burst into flames just outside the depot The sec ond slid to stop right behind it At least two unidentified men were injured one of them when he tried to jump on the trucks running board Police trying to free the drivers and helpers inside the burning truck pumped tear gas shells into the roaring mob and fired more than 20 warning shots in the air Ironically it took police few minutes to free the men from the burning truck because the outside door handles had been removed so the mob could not reach the drivers When they were finally open ed police formed flying wedge to get the men to safety and tho tumult calmed down as the mob moved back to the south side of the boulevard where it had been camped In Quebec City Attorney Gencral Georges Lapalme said he had ordered an immediate investigation into the violence House Salon Closes Up TORONTO CPI The On tario Hydro Electric Power Commission has placed an or der for 100000 tons of Nova Scotia coal and the first de livery is expected withio about two weeks hydro spokesman said Fri day the order was placed with Dominion Steel and Coaeror poration it is the commissions second largest order of Maritimes coal Hydro bought 200000 tons last year for use at its thermalelec tric plants in the Tomato area Wounds Landlady Gels Six Years TORONTO CPI John Charles Landry 29 was jailed for six years today after plead ing guilty to wounding his land lady Francine Audet 21 Landry an engineer was charged after his landlady was stabbed in the throat and back Dec Miss Audot testified she had met Landry about three years ago and admitted he gave her presents including wrist watch cameras furniture and car as well as paying her money to be intimate with him Landry said in statement admitted as evidence that he in tended to kill Miss Audet be cause she deceiveddiim with other men and because he had gone into debt trying to satisfy her deJriands for money clothes and other material things SOAP SHOP Canadas soap industry dates from soapvmaking shop estab lished in New France in 1W4 rate was 25¢ per share 1962 amounted to $1270547 against $2061418 in the first quarter of 1061 Sales in the recent all were 6691000 DR WOODGER wishes to announce that he has moved his Dental Practice to modern newpremises at 93 DUNLOP STREET EAST by Nicholas Follln sm am SATURDAY APRIL us United Party Still Controls Rhodesia SALISBURY Southern Rho desia ReutenlSir Roy Wel cnskyl Unide Federal party has retained ironclad control of the Rhodesian federal assem gg election resqu showed to Fridays poll was foregone victory for the stocky cxbeuvy weight boxer with UFP candl dates running unopposed in 40 constituencies of the saseat as lembly With only one result still un decided Welensky is assured of 65 seats Only on nonUFP candidate an independentwon in the is disputed seats to special seats for Negroes went to backers of Welenaky in Nyasaland and the governors of Northern Rhodesia and Nyasa land will nominate one white man each to represent Negro in terests in theassembly Wclensky said the election demonstrated most clearly the electorate had no time for ex tremists whether of the left or right The election was boycotted by all other parties except the far rlght Rhodesian Republican party Negroes have complained that the federal franchise is com pleter biased in favor of the whites in the total electorate of 110000 some 101000 were whites Misbranded Coffee Seized WASHINGTON AP Thu US Food and Drug Adminis tration has seized quantity of packaged coffee charging it was misbrandcd because the product in giant economy size jars cost more an ounce than in smaller containers The action in Chicago court was directed against Maxwell Hausa instant coffee priced for sale by the National Tea Com pany The court action resulted in seizure of about 5100 economy size jars at the National Tea Company warehouse in Chicago andof about 22 jars at Na tional Ten Company retail store in Westchester Ill The product is distributed throughout the United States FDA said its investigation showed the litounce jars of the product are being sold in retail stores of the National Tea Com pany at $144 jar or 141 cents an ounce while the sixounce jars of the same product are being sold in the same stores at 75 cents jar or 125 cents an ounce The dilferenca is 19 cents an ounce The papers charged the la belied statement giant econ omy size is false and mislead ing since it implies it is cheaper for the consumer to buy the 10ounce jar than the sixounce size when the reverse is actually true PistolWhip Cuban Writers NEW YORK AP Six anti Castroftea invaded the Cuban government news agucy on Fifth Avenue Friday pistol whipped employees wrecked the offices and forced one worker to teletype derogatory message to Fidel Castro Four employees of Prensa Latina the news agency were taken to hospital Their condi tions were described as fair The furniture was smashed and the four employees all male were boundand gagged and splattered with red ink Injured Kirkland Miner lmprOves 10an amen Basilio rescued last Saturday after 64 hours trapped by rockfall in Kirkland Lake gold mine was reported in good con dition today Doctors are working to re store full circulation to Bask ins left hand and foot which suffered sustained crushing dur ing his underground ordeal ward one hour Liberal Leader Lester Pearson has friendly smile for prospective voter as he REGINA CP Minerlll Re sources Minister ll Brockel bank Friday charged interfer ence by federal military nu thorities in Saskatchewan pro vincial affairs He said in statement infor mation was received by the government that members of the militia in uniform were used to halt motorists and dis tribute highly partisan litera ture and petitions opposing im plementation of Saskatchewans medical care plan Mr Erockelbnnk said the ln cidcnt oc urred nt Grenfell WEATHER Synopsis The warm weather will last one more day over southern and most of central Ontario change to cooler weather will take place overnight and Sunday Lake St Clair Lake Huron Lake Erie southern Georgian Bay regions Windsor London Partly cloudy with scattered thundershowers today continu ing warm Cloudy with showers tonight and early Sunday be coming partly cloudy Sunday morning Winds southerly 20 to 30 shifting to northerly 20 early Sunday Niagara Lake Ontario Hall burton regions Hamilton Tor onto Sunny Becoming partly cloudy with scattered thunder showers this afternoon continu ing warm Cloudy with showers tonight and Sunday morning becoming partly cloudy Sunday afternoon Winds southerly 70 to 30 shifting to northerly 15 early Sunday afternoon Northern Georgian Bay Tim agami regions North Bay Sud hury Cloudy with acathXEd showers or thundershowers to day Mild turning conierthis afternoon Mainly cloudy to night Partly cloudy Sunday I2 DONALD ST NOTICE TO All CITIZENS Daylight Saving Time begins in the City of Barrie at 1201 6111 Sunday April 29 I9 STRALIGVHAN City Clerk ANDERSONS INSURANCE AGENCY AT Your SERVICE ILL SEE YOU AT YOUR HOME WRITING am cnassrzs or WE STAND FOR SERVICE AND ECONOMY WE SPECIALIZE IN CONFIDENTIAL INTERVIEWS AND REVIEWS 62 Do not forget to move your clock for arrives at St Johns New foundland to close out threeday visit to the 11m Thursday prior to meeting or ganized to provide mass cover age of the province with peti tions asking delay of the gov emments compulsory Prepaid medical care program sched uled to go into effect lulyrir He said the action of the ml lltlumen is direct and flagrant disregard of wellestablished rules prohibiting the use of armed forces to further politi cal causes PROTEST TO OTTAWA He said the Saskatchewan government has sent telegrams of protest to Prime Minister FORECAST Winds southerly 15 to so shift ing to northeasterly 15 Saturday afternoon and decreasing to light early Sunday Low tonight High Sunday Windsor 60 63 St Thom 60 65 London 60 65 Klichencr 60 65 St Catharines 60 65 Toronto 60 65 Muskoka 50 55 North Bay 35 50 Sudbury 35 50 Earlton 80 45 Kapuskasing 30 50 White River 15 55 Sault Ste Marie 35 10 NO MONEY DOWN Payable Over Mths For Our Budget Saw ing Food Planl EAT BETTER FOR LESS Free Delivery Up To 1004 Miles KLEERPAK FOODS en W501 PA 66085 YOU PHONE INSURANCE vlnce looking on are Mrs Ed Russell Premier Small woodl daughter and Attorn Say Military Authorities Interfered With Province Dicfenboker and Defence Minis ter Harkncss militia officer at Grenlell denied the charges Capt Vern flack of the 65th battery RCA militia said his men were in volved only in traffic ontroi duty and did not participate in the distribution of literature He said that since Thursday is his units regular weekly po rade night it had seized on the opportunity to put into practice its trafficmntrol training by directing the heavy traffic flow ing into Grenfcll for the meet ing Hydro Places Coal Order OTTAWA CPlAn increase in tire federal price support for cheese lo 321 cents pound basis Montreal and Bellevllle was announced Friday by the agriculture meat It takes effect May The in crease for Ontario cheese is half cent The department said in statement that the increase in the cheese support will mean that producers supplying milk for the manufacture of cheese will not be required to take lower price because of the re duced value of whey butter 259 INNISFIL ST PEARSON HAS FRIENDLY SMILE FOR VOTERS liliT warn TANKS No 30 GALVANIZED srsrL No40 GALVANIZED 5151 2319 No 30 GlASSlINED 22 GALLON 3315 No 40 GLASS INEo aoGALON 3720 IO YEAR WARRANTY ON GLASS LINED TANKS INSTALLATION NOT INCLUDED PLUMBING DEPT eyCenernl Leslie CP Virepholoi Curtis DEATHS By THE CANADIAN PRESS OttawaD Wes Brown 68 secretary treasurer of the East em Football Conference and one of Canadas best known football executives MontrealArmand Goulel an announcer with dcluncl dis station CHLP for 21 years Tlminlns Daniel rich inn 76 father of former Ameri can Hockey League player John McLelIon Toronto Dr Vivian Banks 72 founder of the Bank Animal Clinic Bronxville NYIulius Ems pak 57 secretary treasurer for the last 26 years of the United Electrical Radio and Maclilne Workers of America of heart attack Ottawa Burpce 75 president of Charles Ogilvy Ltd an Ottawa department store AUTOMATIC TRANSMISSION Have your automatic inns mission repaired by qunu lied mechanics You my also snnncn all work and parts 11m MOTORS Isa ammo st PA lasso 1740 PA 6653I

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