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18 THE DAILY TIMES-GAZETTE, Tuesday, February 28, 1958 CORNERSTONE LAYING FOR NEW WING OF HOSPITAL the development of the Oshawa f last year, the | 5 3 : In September of last year, the | General Hospital since its incep- cornerstone was lald for the new wing of the Oshawa General Hos- pital. In the above picture, Hon. | MacKinnon Phillips, minister of | health for Ontario, is seen laying the cornerstone. Looking on are Col. and Mrs. R. S. McLaughlin, f who have played a large part in tion. --Times-Gazette Staff Photo Copper Proves The Big Lure As Market Trading Soars Up | By PATRICK FELLOWS |areas of Canada, particularly injthese were soon whittled down in | Canadian Press Staff Writer | Most of the week's action in! profit-taking, Copper is the lure that sent the nines ' ith! Canadian stock market Trading| ues lavoived companies WP | Industrials 5.47 to 448.85, golds .59 record - smashing volumes this; PoP Prhur Ridge Aagany and| to 88.60, base metals 4.14 to 226.88 | week. the - Chibougamau region of Que. 20d western oils 3.11 to 128.50. The quest for the metal sparked| pee At New York, The Associated {a burst of speculative fever that The hectic dealings in mines al- Fitts average of 60 stocks was up | exceeded even the excitement over ; : ; , st hadowed th « uraniums last spring. On Tuesday, [08 OVershaciowod the IMUStFALS) "woos index gains at Montreal: {the Toronto stock exchange : Banks .61 at 52.31, utiliti for the best weekly ris anks .61 at 52.31, utilities 1.70 at | chalked up a record sales tally OE Wes Lo or A .50, industrials 7.00 at 299.40, 12364000 Shares, also a high for|yog pyyvers. Observers said a grow-|combined 5.30 at 244.80, papers {ony orth 1 ueritan stock ©X-\ing feeling that President Eisen-|11.77 at 1415.14 and golds .05 at ange. had of § oga Us Ctelhower will seek a second term) 78.95. | weekly volume record, the total of| Stimulated the market. [Weeks industrial volume was 56,734,000 shares edging out the Selected steels, motors, papers 330.071 shares against 284,841 the | previous peak by 1,266,000 shares, and refining oils posted some of | Previous week. Total for the week before was 43, the stiongest advances on the To- OCREY KILLE 1 650, shares. | ronto exchange: J D | At Montreal, the turnover on| Uraniums enjoyed a brief spell TUSCON, Ariz. (AP)--Charlie Guinup, 28, a leading jockey at {the exchanges also jumped in the limelight Thursday after sharply. The mining volume of news that the United States will, ! $1,000,000000 worth of Rillito racetrack, was fatally in- uranium for peaceful atomic|jured Sunday when he was thrown 8,701,829 shares compared with the release Along with the stock market ac- energy uses in that country and!from Letitia's Boy in the ninth previous week's 5,980,000. tivity, furious staking races were abroad. The lower-priced issues/race and trampled by several (reported from the copper-bearing scored gains up to 25 cents, but'horses. CARDINAL HOMES New Service Station Chain Has Six Outlets In Oshawa The steady climb in consump-|ance of curved glass, and wallpap- women's rest 0 ed largely by the growing number plete with full-length mirrors. Now, as the company starts its A new name -- Fina -- has suddenly popped into prominence along Ontario streets and high- ways, and now in the city of Oshawa In bold blue letters it confronts motorists dozens of times in a few hours of driving. Gleaming Fina service stations seem to have sprung up over- night, in astonishing numbers, along every main thoroughfare This rapid development has been a growing puzzle for many motorists. Most of them had never heard of Fina a year ago. They stil aren't sure how it's pronounced. And they raise eyebrows at the ability of a company to become so big so fast. This week end the company be- hind the trade name, Canadian Petrofina Ltd., is setting out to supply the answers. The basic facts are these: 1. It's prounced Feena 2. The company has spent close to $80,000,000 in two years to set itself up as a major petroleum firm in Canada. 3. It already has more than 50 stations open for business in the Toronto area and a total of 175 throughout Ontario. Many more are planned or under construction 4. It offers two grades of gaso- line, premium and regular, as well as oil and the usual variety of products and services obtained by the motoring public at a service station, 5. The parent Petrofina company is a firm based in Belgium with 35 years of experience in the pet- roleum business, extending to sev- eral countries in Europe and 6. And company officials have! a calculated confidence in large- scale success for their Ontario venture ALL PHASES Behind the string of Fina serv- ice stations is a mammoth, quickly-organised operation that | extends to the two other main phases of the petroleum industry --production and refining. The field end of things, mainly in Alberta, is handled through three. exploration and production companies. Petrofina made an agreement with one of these com- panies (Great Plains) in 1954 and acquired large interests in two others (Calvan and Western) only last June. Refining will be done by a $30,000,000 plant just completed in Montreal. It's now undergoing final tests and its products will be brought to Ontario by pipeline, then trucked to individual service stations. NO GAMBLE Is Fina a gamble? No, according to its senlor execu- tives, It contains an element of risk, like any other business en- terprise, but it's based on de- tailed analysis and planning. There's nothing spur-of-the-moment about it, "Fina is here to stay," said Vice-President H. R. H. Williams. "As our progress to date indicates, our Canadian operation is design- ed to give extensive and perman- ont coru Mr. Williams and H. G. Patch- ett, Ontario division manager, pointed out that the decision to form the Canadian company was reached only after careful study of tion of petroleum products -- caus- of cars on the road -- has been so great that "there clearly was foom for the advent of another oil company," Mr. Patchett said. The rapid development of the company was part of an overall plan, Mr. Patchett said. So was the delay until now of the advertis- ing and promotion campaign. START BIG Petrofina decided the most logical way to secure success in the highly competitive service sta- tion business was to start in a big way. Motorists who formed the habit of buying Fina products in Toronfo, for example, should be able to find Fina stations wher- ever they traveled in other parts of the province, So there was no dipping of the toe in the pool. The organization period -- including the raising of more than $80,000,000, mainly by stocks and debentures -- was fast and determined, with sights aim- ed high. The speed of organization was such that the company estimates that more than 1,000 Fina stations will be operating in Ontario, the Maritimes and Quebec by the end of 1955, little more than two years after Canadian Petrofina Ltd. came into being. The first station in Ontario was built last fall. The first in the Toronto area was last CRE December It now has six service stations in Oshawa. Their design was evolved, inside] and out, on the advice of archi-| tects. Among the special features ered com- ® The Renfrew (38' x 26'--952 sq. ft) is one of seven new designs developed by Cardinal Homes to conform with the demand for modern ranch style bungalows, Features Include a good size kit- chen with dining space, three good size bedrooms, the clean lines of modern casement windows, YOU CAN PAY FOR YOUR CARDINAL HOME IN ONE OF THREE WAYS! (Grain, Wheat Bills Pass | | Fy | 88 to 52 a Social Credit attempt to reduce the interest rate on the grain loans from five to three per establishments in 1954 compared to ce B; riday {age bi Week's index gains at Toronto:|t2il and now await only formal vate g [fa reading and Senate passage Senate is adjourned until Tuesday. to_bhecome law. the opposition contended could | send farmers to jail for debt. State Secretary Pinard an- nounced that the Queen has ap- | proved the adoption and use by |the government of a new Great Seal of Canada. The grain loans and wheat stor- Monday : : Ils received approval in de-! The Commons will consider pri- resolutions. The [fn of the grain loans bill which y THE CANADIAN PRESS members' The Liberal majority defeated PRINTING PLANTS Toronto had 744 printing trade nt. {624 in Montreal and 219 in Van- The government dropped a sec-' couver. | Pauline Invites You... To Attend PAULINE BRISEBOIS This Great . . . Sale of Gifis! EVERYTHING DRASTICALLY REDUCED All New Merchandise Slashed ! PARTY & PRACTICAL GIFTS FOR EVERY MEMBER OF THE FAMILY big push to tell the. public about itself and its products, Ontario Fina stations are ready to give service all the way from the Que- bec border to the London area, and as far north as Timmins, OSHAWA STATIONS Service stations operated in Osh- awa by Canadian Petrofina, with their operators, are as follows: Simcoe and Lloyd streets. This station is leased by Joseph Marn- ing. 1180 Simcoe street north, leased by Al. Creech. 449 Ritson road south, operated by Andy Ruis. 627 Simcoe street south, operat- ed by Peter Moskal. 792 Simcoe street south, leased by Harry Dove. 40 Albert street, Peter and John Kent, leasees. MIDLANDERS HURT CAMP FORTUNE, Que. (CP)-- Rheal Seguin of Ottawa Sunday won both city of Hull and Gatineau zone jumping championships at Gatineau hills headquarters of the Ottawa Ski Club. Hans Eder and Louis Moser, both of the Midland, Ont., Ski Club, were injured in an automobile ac- cident on their way here. Eder did not compete and Moser was handi- capped by an injured ankle. STIFF BRUSH Fur of the western badger was formerly in great demand for man- | All materials are pre-cut and pre-assembled and may be purchased with a down payment, for example, as low as $383.00 and 120 monthly payments of $49.87. Or if you prefer you may finance under V.L.A. or N.H.A. Hundreds of Cardinal Homes have been built successfully in one of these three ways. NEW MODERN DESIGNS FOR 1956 Check these Cardinal Home Features ¥ Choice of 2, 3 and 4 bedroom bungalows or 11% storey, with or without basement. ¥ Frame, brick, stone or stucco exteriors. Fine interiors with lath and plaster finish, clear trim, beautiful birch slab doors, oak flooring, best ¥ quality locks and hardware, ROMANUK BROS. BUILDING CONTRACTORS 510 FLOYD OSHAWA RA 5-2162 ENQUIRIES INVITED NOW! ® Costume Jewel inum Ware ® Coffe Save! Save! Save! Lamps ® Chinaware ® Hammered Alum- Ware © Heddy Hice Hand made Jewel- lery ® Towels ® Linens ® Weaving ® Wall Plaques ® Cards ® Gift Wrapping Pauline's GIFTLAND 23 ATHOL ST. W, lery ® Ceramics ® e Caroffes ® Wooden IN THE McCUAIG-IRELAND BLOCK -------------- the petroleum market. are a front office with an abund- ufacturing of shaving brushes. HARRY 0. PERRY & SON -- WHOLESALE DISTRIBUTORS OF OE PERR FINA a" PETROLEUM PRODUCTS [[¥] LIE] TELEPHONES: RA 33-3443 RA 3-9443 285 BLOOR STREET WEST (Just North of New G.M.C. Plant) Phones RA 3-3443 RA 3.9443 WE LOAN Jk FARM TANKS HARRY 0. PERRY How" FUEL OIL! WHOLESALE DEPOTS Oshawa -- Lindsay nUYT NUALYEND