Oshawa Times (1958-), 29 Dec 1965, p. 15

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65 PASSENGERS ESCAPE INJURY IN N.B. These two engines of a CNR passenger train and a freight were badly dam- aged today in a collision at Nauwigewauk, 15 miles northeast of Saint John, gineer and fireman were N.B. The passenger train en- Old Device Popular Now As Investment Scheme TORONTO (CP)--An old, but recently ignored investing de- vice is regaining popularity as a method to drum up new busi- ness by some stockbrokers. It's the purchase of convertible pre- ferred shares. This type of investment offers just about the best of two possi- ble worlds, some analysts say. First, as a preferred share it offers the holder a fixed divi- dend rate as opposed to a com- mon share on which the divi- dend can be changed or elimi-| sated at any time. | This makes it possible for a/ big investor to assure himself) of a known income while getting more protection from loss than| on a common share. Second, the convertible fea-| ure means the shares can be} exchanged for common shares during a specified period. If the company issuing the shares proves successful while the con- yertible aspect is available, the common shares probably will increase in price faster than the preferred. This means the in- vestor could then switch into the common shares at an ad- vantageous moment. On the other hand, if the com- Two Fugitives Seen Dangerous MELBOURNE, Australia (Reuters)--Police hunting two jailbreakers who have killed two men since their escape 11 days ago have been warned to run if they see the pair while alone. : "If you don't, you'll be shot," Detective Inspector Frank Hol- land, homicide squad chief, told his men. The two convicts, Ronald Ryan, 41, and Peter Walker, 24, also have robbed a bank at gun- point. Newspapers reported that they had been spotted Tuesday in oe different Melbourne su- ur pany runs into trouble, the fixed dividend will act as a bul- wark against a break in the price of the preferred shares. Common shares haye no such protection from a sharp fall. The December letter of James |Richardson and Sons, one of Canada's lar gest investment dealers, lists 13 convertible pre- ferred issues and says: "Convertible preferreds of in- vestment grade which combine a fixed dividend as reasonable yield . . . are well suited to the investment portfolio of the con- seryative investor.' Most convertible shares do not entitle the holder to vote at a company's meetings. How- ever, should the dividend be omitted for a certain length of time a vote is given to pre- ferred shareholders. Addition- ally, when the conversion is made it is usually into common shares which do carry a vote. Should. a company wind up through financial troubles, the holder of a convertible pre- ferred share has a call on any assets distributed before the common shareholder. Honeymoon Ends For Accused, 20 CHATHAM (CP)--The honey- moon is over, Magistrate F. K. Jasperson told John Henry Dur- ston Thusday, one month after the 20 - year - old Wallaceburg man had passed cheques on an inactive bank account to pay for his wedding suit and the nuptial flowers. He remanded Durston for sen- |tence Jan. 6 on two charges of false pretences. Durston had pleaded guilty. One cheque, for $50, bought but did not pay for the wedding flowers. Another, for $61.50, was used to purchase the wedding suit. STARS CAN BE COUNTED Police have set up a team of erack detectives to prowl the city 24 hours a day, armed with shotguns, carbines and tear gas. On a clear night, the human j}eye can see no more than 3,200 |stars without the aid of a tele- scope. to tronsiate mainly from Eng! Bureau, Ottowo. Up to $ Closing dete Jonuary 10, 19 REGIONAL SUPERINTENDENT, property 9 $9953. Competition 65-5200 CO-ORDINATOR ---- Building sibility for staff management, experience, Public Works, Competition 65-235, Maintenance, Public Works, Competition 65-234. MAINTENANCE CRAFTSMAN, 14, 1966. GROUND CONTROL APPROA 867. Closing dote Jan, 14, 1 AUDITORS, UNEMPLOYMENT $6143, -- $6710. Competiti AUDITORS, UNEMPLOYMENT Competition 65-T2029. DRAFTSMEN, secondary school $6510. Competition 65-0-87 plus isolation allownace, Com Complete details and_ spplications EMPLOYMENT OPPORTUNITIES CIVIL SERVICE OF CANADA DEBATES TRANSLATORS -- House of Commons ond Senate, irregulor hours required --- extra leave granted, Translation experienced in administration of commercial real estate, or management, Transport, Moncton, N.B. $8681, -- Service, experienced in administrative work including respon- -- $8096. Competition 65-233. Closing date Jan. 14, 1966. BUILDING MAINTENANCE RECORDS OFFICER, with related PROGRAMME ANALYSIS OFFICER -- Buildi ing installation and operation, Agriculture, Ottawa. $5455. -- $5995. Competition 65- years' experience and good knowledge of identification and cataloguing of items ond equipment involved in Radar Terminal Control and Ground Control Approoch, and of procurement practices, Notional Defence, RCAF Station, Rockcliffe (Ottawa) $5360 -- $5900. Competition 65-0- HOSPITAL LABORATORY TECHNICIAN, certification (R.T.) by Canadian Society of Laboratory Technologists or com- pletion of approved course ond two years' experience, or university graduation and one yeor experience, National Health and Welfare, Moose Factory, Ont. $4050 -- $4500., plus isolation allowance. Competition 65-0-871, graduates, experienced in accounting or auditing. Present vacancies ---- Belleville, Sudbury and Kirkland Lake, Ont. applications extended to January 14, 1966. secondary school graduates, experienced in accounting and auditing. Present vaconcies -- Bracebridge, Galt, Guelph, Kitchener, Windsor, London, Oshawa, Ont. $6143. -- 6710, perience, National Defence, Ottowa and Picton, $5790, --~ KS, one in accounts receivable, one in admitting and dis- charge procedures; @ third in stock-ledger duties, Natonal Health ond Welfare, Moose Factory, Ont. $3214. -- $3682, ish into French; night work and 10,176. Competition 65-723. 66. , PROPERTY MANAGEMENT, "3 Operation and Maintenance Public Works, Ottawa, $7340. Ottawa. $6804. -- $7497. Operation ond Ottawo. $6804, -- $7497, refrigeration and alr condition- 0-851. Closing date January CH TECHNICIAN, with four 966. INSURANCE, secondary school ion 65-0-863, Closing date for INSURANCE COMMISSION, graduates, with six years' ex- 5. petition 65-0-884. taken to hospital but the 65 passengers escaped with a shaking DEATHS By THE CANADIAN PRESS Rocky Mountain House, Alta. --Chief Walking Eagle, 76, a Stony Indian known throughout Alberta for his weather predic- tions based on signs of nature. Pembroke --Lt.-Col. William Henry Blake, 74, of Kingston; of a heart attack. Belleville--P. H. Wills, 82, honorary colonel of the Argyll Light Infantry Regiment and a member of the 21st Battalion in the First World War. Washington -- Jeremy Wolf- enden, 31, a Washington corre- spondent of the London Daily Telegraph. Madrid--Maria Fernandez de Canalejas, 83, widow of the) Spanish government chief who! Niagara Falls--Mrs. Augusta Lackner Winn, a cousin of Op- position Leader John Diefen- baker and widely known for her participation in church and community affairs; following a four-year illness. Montreal -- Lucien Desjar- dins, 60, circulation manager of Montreal La Presse; after brief illness New York -- Frederick J. Kiesler, 75, sculptor, architect and theatrical designer; of a heart attack. Boston--Margaret Curtis, 82, a three-time winner of the U.S. women's amateur golf cham- was assassinated in 1912 | pionship. 'anada " a By JOHN LeBLANC | Canadian Press Staff Writer This is the season when many Canadians turn in their mittens for suntan oil, and this year big- ger droves than ever are headed for the warm climates. And many are fanning out in new directions and getting far- ther away from their frostbitten homeland than in previous years, according to a Cross- Canada Survey by The Cana- dian Press. Africa and South America are among this year's winter vacation spots. Hawail remains popular with westerners. Some Newfoundlanders are heading for the sunny south of Europe. The Caribbean is catching on more strongly, and a low-fare bargain brigade is descending on Bermuda. Florida stays well up there, Information from travel agents and_ transportation spokesmen around the country indicates another boom season in southbound travel from just about everywhere. Some show early bookings up by as much as 50 per cent. Several agents in Quebec City report long waiting lists for travellers intending to go to Florida in January and Febru- ary, and add that the lists for Mexico-bound tourists are full. HAVE ITCHIEST FEET While the southbound busi- ness is jumping generally, Al- bertans seem to have the itchi- est feet for kicking off the gal- oshes. George Smith of Cook's Travel Service in Edmonton says: "It's tremendous." Most popular destinations for those shaking off the Alberta snows are Hawaii, the West In- dies and Mexico in that order. Round - the - world cruises and trips to Africa and South America are catching on. Some are travelling by automobile to such American states as Ari- zone and California. Whatever the destination, the upswing in winter travel is called unprece- dented. Residents of Saskatchewan, with the proceeds of big wheat sales abroad fattening wallets, are heading largely for the Caribbean and Hawaii--the lat- ter having dropped off from first place in the last couple of years. Boat cruises are also gaining in popularity. Travel agencies and airline of- ficials-in Winnipeg indicate the exodus of Manitobans -- alsoj benefitting from grain sales--is up about 50 per cent over the big season of a year ago. 'REALLY SWAMPED' It's the best year we've ever had," one travel man_ said. "We're really swamped right now." ~~ Canadian Pacific Steamships reported that Manitoba - Sas- katchewan bookings for Carib- bean cruises are up 45 per cent over a year ago. Canadian Pa- cific Airlines said flights to Portugal, Spain and Italy are up 100 per cent, and those to Hawaii up 50 per cent. British Columbians are: flying far and wide, too. Hawaii is the leading sun spot, with Mexico second, Bill Harrison, a travel bureau manager, says the West Indies are becoming more and more r because of ac- cessibility, A favored point is the tiny Caribbean island of Grand Cayman, and CPA files a full planeload there from Van- couver every fortnight. Other areas also reported the Caribbean catching on in re- markably strong fashion. Sev- eral Montreal agencies noted this, and one spokesman there said: "'I'd be surprised if the number of people travelling to the West Indies this year hasn't doubled since last year." A spokesman for Air Canada pre- dicted the figures will be at least 20 per cent higher for that area. Toronto specialists come up with a prosperity commentary in noting that the southbound trek is not restricted to the classes normally regarded as well-to-do but includes such as ane T seer cee ne Se aN HN Re gH mE a nurses, teachers, secretaries t | ee 'i.ad For Warner Climes and just about all ranks of "working" people. Torontonians are heading mainly for Florida, the Carib- bean, California, Mexico, the Bahamas and the United King- dom, West Indies cruises are popular. Many New Canadians are reported heading south in- stead of taking flying trips to their homelands. Air Canada describes the southbound holiday air traffic as "just fantastic." The same kind of trend was noted in Ottawa, where a gov- ernment official also observed that "'the flow to Florida is go- ing on as merrily as ever." Nova Scotia and Newfound- land reported a big play on a new Air Canada low-fare excur- sion flight from Halifax to Ber- muda, and some Newfoundland- ers who normally go to Florida were switching to it: Some New- foundlanders also were flying to New York for cruise ships, and others were heading for Portu- gal, Spain and France. Major destinations for New Brunswickers were Florida, Barbados, Jamaica and the Ba- hamas. About 90 per cent of vacationers were going by air, and Air Canada said it expected a 20-per-cent boost in business. Prince Edward Island re- ported a "good number" head- ing south, but without figures. The islanders prefer to go south in the spring. By DAVE McINTOSH OTTAWA (CP)--The ist Bat- talion, the Black Watch, from Camp Gagetown, N.B., will fly to northern Norway--above the Arctic Circle--in February to participate in an exercise by the North Atlantic, Alliance's airborne brigade. ~ Though the battalion com- prises about one-fifth of the NATO brigade, this will be the first time it will have taken part in an exercise with the alliance formation in Europe. Informants say the battalion, rumbering between 900 and 1,000 men with its ancillary units such as signals, will be flown to Bardufoss, north of Narvik, in RCAF Yukon and Hercules transport planes. The exercise will last about a month into late March. The NATO brigade is de- signed particularly to protect the alliance's flanks in Norway on the north and in Greece and Turkey on the southeast. Nor- way and Turkey are the only NATO countries which have a common frontier with Russia. Black Watch To Take Part In Norway "Air" Exercise Countries represented in the brigade besides Canada are the United States, Britain, West Germany, Italy, Belgium and The Netherlands. Last summer units of the brigade held ma- noeuvres in Turkey. Two RCAF planes carried 33 Canadian soldiers and equip- ment, mostly signals gear, to Bardufoss last winter for cold- weather trials of NATO weap- ons. This was a preliminary test to the full-scale exercise which begins in February. Informants said NATO might not have tested the mobility of its airborne brigade this winter in Norway near the Russian border if the Soviet Union had been showing a more concilia- tory attitude in international re- lations. Authorities say Canada is pre- pared to make a bigger contri- bution in manpower and airlift to the mobile brigade if. other NATO countries do. The NATO ministerial meeting in Paris earlier this month ordered a thorough review of the brigade and plans for its future. MEAT PI DINNER Creamy Mashed Potatoes Veg. roll and Butter A Division of the S. S. Kresge Company Limited "ee ASSORTED COLD CUTS C SPA ore evalleble et Post Offices, = - -- nay Cenede. Please quote competition or cireuler number PEANUTS WHYTE'S $]. FEARMAN'S Polish §$ NISH DONUTS OPEN DAILY 10 a.m. to 10 p.m. EXCEPT SUNDAY Ib. ausage c lb Fancy ICED -- 08: > A Wilby Year-Long : Schools Seen In Future TORONTO (CP)--Dr. Ham- den L. Forkner, a United States educationist, predicted Tuesday night that schools of the future wis Sperate all year long, and teachers will work. three-quar- ters of the year with one year in five off with full salary. The long summer vacation was necessary in the past to allow students to work in the fields, but schools could now op- erate in four semesters with a week's holidays after each, he told delegates to the Ontario Secondary Schoo! Teachers' Federation. Dr. Forkner, who is educa- ticns! consultant and former head of the department of busi- ness and vocational education at Columbia University, New York, said change must take place in education, "When we get education into the hands of old people--not chronologically but mentally~-- Mhageig in a dangerous situa- on." He also advocated the creation | of "schools operated for chil- dren, not for administrators.' Young people reflect the edu- cation they have had, he said. If they had a sterile education, they would have sterile minds. Dr. Forkner said children should be encouraged to be in- novators. "Try to find non-conformists because the non-conformists are the people who change the world." THE. COUAWA. THAse wy, Ms 2 Bon = A ome Pecomber 30, 1948 9 sSFy OTTAWA (CP) -- More than 16,000 rifles, shotguns, pistols, revolvers and air rifles were imported from Communist countries during the first half of 1965 and local merchants re- port increasing sports interest in them. Trade figures for the first six months of the year listed im- ports from Czechoslovakia and mainland China, but other sup- pliers of non-secret military weapons and ordnance, how- ever, One Ottawe, sporting goods merchant said air pellet rifles, clearly labelled "Made in the People's Republic of China" in English and with Chinese char- acters presumably saying the same thing, are having good sales. They were also promin- ently displayed in four other Ot- tawa shops. "They are remarkably accur- ate," a gun fancier said, "and they are being accepted by gun clubs for target practice." Red 'Firearms Have Good Sale 7 Trade statistics showed im- ports of $39,159 worth of non- military firearms and parts, other than shotguns, rifles, pis- tols and revolvers, brought inte Canada in the first six months of this year from Czechoslo- vakia. Czechoslovakia had fourth place among the list of countries supplying them, after the United States, Britain, and Belgium, Czechoslovakia also ranked fifth among suppliers of im- porter shotguns and prominen- tly among suppliers of rifles. Imports also included 19 non- military pistols and revolvers from Russia worth $1,616. Trade sources said many of these could be collector's items, though not antiques, Though the trade figures insufficient detail for com) analysis, it is believed : large numbers of the imported guns are air rifles using shaped lead pellets. ive RENT-A-CAR DAY -- WEEK -- MONTH *5.00 PER DAY 25-65 7 RUTHER CAR AND TRUCK RENTALS 725-6553 PLUS LOW MILEAGE CHARGE FORD'S 14 ALBERT ST. Oshawa et MiG GO OW Kor the right taste in Ale What's the right taste in ale? You be the judge. Next time"'Look to thesign of the Golden Lion." Try a Molson Golden Ale. : MOLSON GOLDEN ALE Cans FROM MOLSON'S INDDPENDENT BREWERS SINCE 1786 a S519, ee ae at aeaneatioeet?

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