Daily Times-Gazette (Oshawa Edition), 17 Oct 1955, p. 20

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

KIWANIS PLAN MEET their wives from Oct. 12 during from as far away as St, John' LONDON, Ont. (CP) -- London | the 38th Ontario-Quebec-Maritimes| Newfoundland. The four-day Kiwanians will be hosts. to, more district Kiwanis convention. Dele. Program includes, Jue than 700 Kiwanis delegates and igates to the convention will come| Tuesday night. 3 : 20 THE DAILY TIMES-GAZETTE, Monday, October 17, 1958 Stocks Fall, Recover In Canadian Changes innd @3 on a thin volume of business. © ness started up Tu "gained from the market break al By PATRICK FELLOWS Canadian Press Staff Writer The third major reaction since the Sept. 25 announcement of Pres- ident Eisenhower's heart attack hit the New York stock market on Monday. Stock exchanges at Tor-| onto and Montreal, closed Monday | for Thanksgiving, reacted with an equally jarring tumble when busi- y. At Toronto, all the ground re- week before was lost, plus all the | headway the market has made in| the last three months. A strong Wednesday upsurge recouped about half the Mond and Tuesday losses. But on ai exchanges the advance was carried tonhniss) exchanges broke the recovery) copper ore tracings. The warrants drive. Business slowed to a crawl also climbed 49, to $1.25." Friday. Observers said this re-| PETROL IN SPOTLIGHT flected caution in the light of three! Most uraniums showed narrow successive Monday morning mar- losses. Golds were generally list- ket breaks. | less. Petrol held much of the trad- On the Toronto exchange, most ing interest among western oils of the weeks heaviest losers were chalking up gains totalling 36 cents in foods, steels, papers and finan-| and closing at $1.94 on 553,000 cial institutions. Weston's took the| shares. biggest setback, dropping 11% to| Week's index losses at Toronto: 122. A $5.00 drop by Algoma and Industrials 11.90 to 419.35, golds $4.50 by Stelco were the main .26 to 84.71, base metals 1.77 to declines among the steels. 198.76 and western oils 3.02 to Bank of Nova Scotia fell $4.|107.14. Papers losing two points or more At New York the Associated included Abitibi, Crown Zellerbach,| Press average of 60 stocks was Eddy, Fraser, Powell River, St.|down $3.20 to $165.70, Lawrence Corporation and Con-| Week's index losses at Montreal: solidated Paper. Banks .86 to 46.81, utilities 6.00 Also two or three points down to 127.30, industrials 9.70 to 278.60, Brokers said it was a improvement, brought about be- were Alumi Canada Malting,| combined 8.60 to 228.10, pers Asbestos, Walkers and Shawinigan. |64.62 to 1360.45 and golds 1.31 to| cause so many securities were down to a level that made them attractive. CAUTIOUS ON FRIDAY Canadian Canners posted an ad-|74.22. vance of 5%. Weeks volume: 386.313 indus- Name your favorite brand of... Eureka was a strong feature among mining issues, jumping 49 trials and 3,551 013 mines. Pre- vious week's volume: 316,917 indus- DEFENCE OF NA Belgian representatives A. Spi oy, at left, and Colonel Ducq and General Charles Foulkes, chairman of Canadian chiefs of staff, are seen in Paris as the defence ministers of the North Atlantic Treaty Organization dis- i TO COUNTRIES D ISCUSSED pr cussed the role of and super-weapons in the defence of the Wegfern world against ag- gression. The three - day meet- ing -- 'which had been one of in- formation given by military lead- ers to the ministers was foreign ministers an ministers in Paris in made. Central Press inary to meeting of the 4 finance ecember, when actual decisions on the de- fence program for 1956 will be Canadian Some late selling Thursday on all|to $2.40 on reports of high-grade!'trials and 4,415,652 mines: Pearson Forecasts Solution Of West-Russian Problems By C. R. BLACKBURN | North Atlantic Treaty Organization, fensive, and the best way to get products are sound investments The brand names you have selected are sound investments becatise you know Old-Time Lumberjack Is Eisenhower's Aide WASHINGTON (CP)--A 56-year- Adams, and not Vice-president into the White House with him| | Richard Nixon, was Eisenhower's after the election. There, Adams] old _ane-time lumberjack, iowa chief deputy in the exercise of his|serves as a sort of chief of staff] around the White House as he| esidential powers. {to the president, wielding great Boss," is one of the most powerful| 0, perwEEN ROLE policy making power. and influential men in the United States " Cabinet | | members, government officials In Denver, Adams acts as the|anq politicians, if they have a go-between on government busi-| hroblem to gake up with Eisen:| Canadian Press Staff Writer KARACHI (CP) -- External Af- fairs Minister Pearson said after his arrival in Pakistan's capital city that Soviet Communist party secretary Nikita Khrushchev told him the Russians '"'aren't going to attack anyone' and fore cast world problems would be "worked out somehow." Pearson flew into Karachi Thurs- day after a week-long visit to Rus- sia. He left today for Colombo, and will travel on to Singapore for a conference on the Colombo plan for aid to under-developed coun- tries. After the Singapore conference he is expected to go to Paris for He is Sherman Adams, No. 1 ness between the president and hower, must clear it first through|an Oct. 25 meeting of NATO for- side and right-hand man to Pres- Washington agencies. Adams de-| Adams. If he okays it, the prob- ident Eisenhower. A slight, hand- cides which of the many problems|jem gets presidential attention. some New Englander, he bears that develop are important enough| the official title "the assistant to/to be taken up with the recuperat-| the president" but has become|ing president. In Denver as in| known more popularly as the Washington, "assistant president" through his{carry great emergence as a White House hower. power. Eisenhower himself gave! pescendent him the nickname "The Boss." | Massachusetts family and a native The president's illness, removing of East Dover, Vt, Adams served him temporarily from active par- as a machine-gunner in the First| ticipation in the running of the World War, graduated from Dart-, In a speech in New Hampshire] government, has emphasized the mouth College in 1920 and went to this summer, Eisenhower em- behind-the-scenes role played by work as a logger phasized Adams' role in the White| Adams, former governor of New| His political career began as a House by referring to him as a Hampshire who in two years had Republican member of the New man who serves his country weil won a reputation around Washing-| Hampshire House of Represent-| 'by advising me and trying to ton as the man to see if you want afives in 1941 and included a term keep me from stumbling too) something from the president. {in Congress before he became gov-| often." i Adams often has drawn tain who keeps real Republicans| i away from the president." Be that | of a distinguished | it may, the president obviously| |stahds behind Adams in his ac-| tions. eign ministers. | Summing up what he called a useful as well as a most interesting fire! visit to Russia, Pearson said he from congressional quarters and hoped the Soviet Union has be-| his recommendations/once was described hy a Repub-| come a little more convinced that| ances that N. weight wit Eisen- lican congressman as "an iron cur-| neither the United Nations nor the | CRASH ACCIDENTAL PETERBOROUGH (CP) -- A | coroner's jury ruled Wednesday |that Reginald Reid and Walter Wood died accidentally when a light plane crashed at Rice Lake July 9. The pair, both executives of a marine manufacturing con- cern, were going to a company picnic at the time. The plane, owned by Wood, stalled about 200 feet above the ground. It was Adams who headed west ernor of New Hampshire in 1949 to take charge of the temporary As governor of that New England White House at Denver after|state, he captained the Eisenhower Eisenhower was stricken by a forces in the first of the 1952 pres-| heart attack. The frequency with idential primaries. | which his name entered the news| Eisenhower later picked Adams from Denver led a New York|as his campaign chief in the pres-| Times correspondent to note that'idential campaign and. took him wine Breeders Study Danish Hog BROCKVILLE, Ont. (CP)--Eyes| 'According to official tests of of Canadian swine breeders are oii Danish hogs against Yorkshires| a group of Ontario farmers whol conducted by the federal. depart-| are experimenting with a breed of ment of agriculture, very little hog joat is 2 to Canada id difference was found." s the Landrace--a breed de-| 4,4 government experts in the! veloped in Denmark, which now| ,te 1930s, after a five-year expe- provides 90 per cent of that coqd-| iment in' breeding the Landrace try's bacon export. Denmark, 'is| «gong very little to warrant] Europe's largest exporter of pinging them here," Mr. Graham bacon. | sai. Ontario breeders who are in- But the Ontari ¥ t i volved in the experiment describe u he ntario experiment goes | the Landrace enthusiastically as a|0n: and it has many supporters.| fast-growing breed and an excel-| AMONg the breeders are Laurence | | Lalonde, North Augusta, Ernest lent Producer ul basen. They De | Warwick Blenheim, Ross Stone | dst 8 bright future for the anima and Eldon Guttridge, Forfar; | In Canada, Kilborn, Addison; John Knudson, | SOLON E. LOW, M.P. MONDAY, OCTO MASONIC TEMPLE - OSHAWA BRING A FRIEND AND LEARN THE TRUTH Intoncated In Your Future? HEAR: ~~ SOLON E. LOW, M.P. NATIONAL LEADER SOCIAL CREDIT ASSOCIATION OF CANADA SUBJECT: " Automation - THEN WHAT?" BER 17th - 8 p.m. g | is or ever will be war-mongering but that the West is concerned only with peace and security as are the Soviet leaders. Pearson sald Khrushchev, whom | he met with Premier Bulganin in| the Crimea Tuesday, repeatedly! stressed: "We arent ever going to| attack anyone; we'll work things out somehow." TALKS FRANK Pearson added that the talks were bluntly frank by both sides, but were helpful, and he believed Khrushchev sincerely spoke his mind. The Crimea talks, held at Khrushchev's summer home near Yalta, were said to have been "most cordial" with dinner lasting after midnight. Khrushchev is re- ported to have shown great con- cern over the continued existence! of NATO but Pearson gave assur-| ATO was purely de- rid of it was to make world con- ditions such that no peace-keeping organizations are necessary. Of the whole visit Pearson said: | these products measure up to a specified standard of performance and are, of known quality of construction and materials. In advertising, the Audit Bureau of Circulations® provides a trusted stand- "My chief impression is one of ard of value for newspaper circulations. This newspaper holds membership massive collective strength, energy in A.B.C. so you may have the FACTS about the circulation of your sales a wealth along with individual | messages when you advertise with us, : Semel al ions rt She de privations With this assurance, you can be confident that placing your sales messs Crimea area. in the advertising columns of our paper if a sound business investment. Ask us for a copy of our latest A.B.C. report. "The Russians in charge are a strong and able group who profess no other desire than to be left in peace to build their own country *This newspaper is member 'of the Audit Bureav of Cir. and solve their domestic problems, p ond 4. 4, dreulati: 4. i i 4 of which they admit they have! audited by d ABC. crcl Our . many. : { (ABC. report shows_how. much circulation we have, where ABC: " { it goes, how obtained, and other facts thet tell advertisers H JUDGE DIES | what they get for their money when they vie this oper. MONTREAL (CP)--Mr. Justice! DAILY Alfred Savard, 69, Quebec City J uebec y TIMES x GAZETTE Owr : di Rg A REPORT POEEE J x) and Montreal Superior Court judge | until his retirement Sept. 1, died Friday night at his home in sub- urban Westmount. | | ANOTHER NEW BA They may have a job on their pands, however, if they hope to| Meafod and others. dethrone Canada's present bacon producing champions. Prince, Edward Island's English Yorkshires have become the upper crust of Canadian swine society. They won the first 11 prizes for| bacon at the Royal Winter Fair in| Toronto in 1952 and didn't bother to compete afterwards. They are, the island's second industry. 1 WELL ADVANCED | The Ontario farmers, however, are well advanced towards estab-| lishing the new breed here. Last month they became organized as the Canadian Landrace Associa- tion. The Canadian National Live- stock Records Association has ac- cepted the 'race' for registry in| Canada. A slight damper may have been thrown on the Ontario breeders' high hopes when Ontario's asso- ciate livestock commissioner, R H. Graham, on being questioned in Toronto, stated: Disinfects ag it HISTORIC TOWN Parrsboro in Cumberland county, Nova Scotia, was named after | John Parr, Nova Scotia's gover! nor from 1782 to 1791. «+. modern, dieselized! to WINNIPEG, SASKATOON, EDMONTON, VANCOUVER Leave Toronto 6.00 p.m. A wonderful way to enjoy the economy of tain travel. Convenient intercity arrivals and departures, New speed, new comfort without added cost. "ty Passenger and Ticket Agent 3 King St. W., Oshawa, Ont. Phone 3-4122 NATIONAL | RAILWAYS B-A PRODUCTS AND SERVICES! _ "MONTY" CRANFIELD'S . SERVICE STAT B-A SERVICE STATI SIMCOE ST. SOUTH AT GIBB ST. OSHAWA TO MEET THE GROWING DEMAND FOR Another modern B-A Service Station opens Today Conveniently located at Simcoe St. South and Gibb St. this hew station is fully equipped to give quick, efficient service. Drop in on opening day and have your car serviced by expert servicemen, fill up with B-A Clean Burning 88 or Clean Burning 98 gasoline and change to Seerless Heavy Duty Mator Oil Then, too, you may wifi one of and picking up your draw ticke -- You can't buy a better motor oil! many valuable prizes just by droping in t. Draw will be made Saturday, Nov. 5th. THE BRITISH AMERICAN OIL COMPANY LIMITED

Powered by / Alimenté par VITA Toolkit
Privacy Policy