The Oshawa Times, 8 Jan 1960, p. 7

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Stirs Protests VANCOUVER (CP) -- An Al-| berta application to export nat. ural gas to California--and the British Columbia government's apparent lack of inclination to oppose it--have raised howls of protest from gas interests and opposition political parties here. They feel success of the Alberta | and Southern Gas Company's ap- plication to the National Energy Board to export 458,750 cubic feet of natural gas daily will hurt northern B.C. development plans | and future markets for B.C. gas.| Latest protest against the move) was made by Island Transmission| Company Ltd., which said it has filed a protest with the board, The company is one of two com- peting for the right to build an! underwater pipeline to Vancou-| ver Island from the mainland. | President Richard M. Bond said a proper gas supply for the island should be arranged before| additional gas is exported from Canada PCs PROTEST, TOO The provincial Progressive Con- servative party also added its voice to the protests, Leader| Deane Finlayson said the Social Credit government is allowing Alberta to steal B.C.'s market, 579, 77 cents a share: "It's impossible to find an hon- will threaten northern expansion. orable reason why the provincial] B. C. Mines Minister Kenneth government has not opposed the| Kiernan says B.C. has no grounds present efforts of Alberta gasito protest the application, which producers," he said. |is "purely a matter for the Na- "We have huge quantities of tional Energy Board. : gas in the Peace River area and| Premier Bennett said in an in-| a pipeline to the U.S. border op-|terview that B.C. will not oppose erating at only 50 per cent of its|the application. capacity. B.C. should say to Al-| «1 don't think all markets of berta: 'Don't hog the whole pie;|the United States belong to Brit- keep out of our territory." ish Columbia," he said, "We have B.C. Liberal Leader Ray Per-/to think as Canadians. There is reault urged the provincial gov-|no room for the narrow viewpoint ernment to make representations|of pitting province against prov- to the NEB on the application. |ince. . . the government of B.C. |facilities and the oil | production, and exploration and| TORONTO (CP)~--Shell Oil Co. of Canada Ltd. has bought ma- jority control of North Star Oil Ltd. through an offer which may ultimately involve more than| $37,000,000, | Shell now has retail outlets in only Alberta, and no refineries. | The purchase brings within its structure North Star's extensive western retail outlets, refining| and gas| development facilities, of Cree| Oil of Canada Ltd., which North Star bought in December, 1958. Control was acquired through) purchase of the shares of the es. tate of Fred C, Manning of Hali- "We are not going to influence|Wants a prosperous Alberta. the decision of the board by ab-| "A prosperous Alberta willy senting ourselves from the hear-| benefit all people of B.C.--when| ings," he said. |Albertans make money they| | .C. to retire." FEAR THREAT TO NORTH |come to BC. to retin oie Ait i yest OF Canada Interest Rate Up fax, former president of North Star, who died last summer, The price to be paid is $19 a share for class A shares and| $34.25 a share for common sha"es| --the voting stock--and Shell has agreed to make the same offer to .all shareholders. | SOMALILAND DATE UNITED NATIONS, N.Y, (AP) ber of mines, which believes it OTTAWA (CP)--The Bank of | STOCK MARKET NET EARNINGS cones iret rat oe sien By THE CANADIAN PRES y TH : PRE 15.37 last week with the sale of Cassiar Asbestos Corp. Ltd.,| . year ended Sept. 30: 1959, $3,043,+$100,000,000 in 91-day government, 1958 $2,- treasury bills. | 897,473, 73 cents. | | Hiram Walker - Gooderham The UN General Assembly has endorsed an earlier date for in- dependence for Italian Samat land--next July 1. The inter national trusteeship over the lai- jan - administered territory will end on that date instead of Dec, 2, 1960. Oil Company| British Girl '. {which flew into the London zo- Will Get Pup HOLLYWOOD (AP) -- Televi sion comic Ernie Kovacs has promised a 17-year-old English girl a new dog if she can't find] her lost one. i Kovacs sald Judy Ferren agreed to accept his offer of a| four-month-old Alsatian shepherd) when she was here last weekend | to tape her part in his panel show, aired Thursday night by| ABC-TV. i While Judy agreed to accept the pup, she refused to be photo- graphed with it. She feared that i{_her photo were published hold- up, authorities might e search for her lost in give Jinty. Jinty became lost in Detroit last week while Judy was travel-| ling from England to St. Thomas, | Ont., to visit a married sister. Kovac plans to have the pup] shipped to St. Thomas this week- end. FRIENDLY BIRD LONDON (AP)-Slippery Sue is a handsome hen pheasant ological gardens three months ago and refuses to leave. It can't] be lured into a cage, so officials| let the bird have the run of the| place. | a a {Worts Ltd., 3 mos. ended Nov.| 2%, in | MODEL CITATION 200 Low-Level Trading In Toronto 130: share; 1958, $7,69 | $803 ended Sept. 30: 54 cents a share; 1958, $586,840, ¢ 5432 cents a pound. Sales to |24 cents, Tobacco Sales o cents. 1 473 630 Pounds , Prairie Pipe Manufacturing Co. Ad., year ended Aug. 31: 1959, | TILLSONBURG, Ont. (CP)-- 43,273, 93 cents a share; 1958, the Ontario Flue-cured Tobacco 3,863, 89 cents a share, Growers Marketing Board re- United Keno Hill Mines, year norted sales Thursday of 1,473, 1959, $1,324,836, 63) pounds at an average price 1959, $7,948,900, 92 cents a| |date are 49,334,534 pounds at an TORONTO (CP -- The stock market floundered at lower lley- els Thursday Index changes: Industrials down 1.23 at 530.48; Ids up .44 at 89.56; base metals up .42 at 176.90; and western oils down .15| at 106.18 The final volume was 2,869,000 shares compared with Wednes- day's 2,688,000 North Star Oil advanced 103 points at 33% after it was learned that Shell Oil Co. had purchased controlling interest in the firm. Huron and Erie advanced 1% at 57 and Moore Corp. went up Sat 43. Cockshutt and Frased each lost 13% at 22% and 273g respectively. General Motors fell 1% at 523 and Ford of Canada and Loblaw A each went down a point. Trans- Canada Pipe Line was off 7% at 9 senior mines at 29% and ie. was ahead Hollinger led with a gain of % Mcinty: Porcupin % at 29% In western oils Royalite was up $1.70 at $9. Calgary and Edmon- ton lost % at 20%2, and Home Oil A was down % at 12%. y TODAY Toronto Stock Exchange---Jan (Quo 8--0Odd rights, xw---Ex-warrants.) INDUSTRIALS Stock High Low 11 a.m Abi Aca 1 Alta Dist Bales 46 Inland C pr Inind G pr Int Pete TORONTO 11 A M. STOCKS ons in cents unless marked § t, xd Ex-dividend, xr--Exe $397 39% 19% |laverage price of 55.02. NEW REDUCED PRICE -- ON -- Premium cwaiy STOVE OIL Courteous, Prompt Delivery VIGOR OIL CO. For Delivery by Metered Trucks Phone OSHAWA WHITBY RA 5-1109 MO 8-3644 BROOKLIN AJAX OL. 5-3221 550 | i S Net Sales 'High Low 11 a.m. Ch'ge 415 $86 85% 85% -- % 100 $15% 15% 15% 620 $543 54% 34% ~ WH 1595 24% 11% Stock Set elCan Suptest ord Tor-Dom Bk L Stock Frobisher Gaitwin Geco Mines Giant YK Glenn Uran GF Uran Grandue Gunnar Gunnar wis Hallnor Hard Rock Hollinger Hud Bay Inspiration Int Nickel Irish Cop Iso J Waite Jacobus Kerr Add Kirk Min Labrador L Osu Leitch LL Lae Laorado Lyndhst Lynx Macfie Madsen Marcon Maritime Martin Mcintyre Mentor Merrill Milliken Nat Expl Nealon New Bid New Hosco N Mylama Nick MS Noranda Norlartie Normetal Norpax N Gate N Coldstra N Goldert Northsp Net Ch'ge 100 50 OILS $44%a Paramag . ) Peerless Wsburne MINES 1000 9 600 300 9 300 Acad Uran Advocate 71 $13% Siocan VR Stanleigh Stanlgh wis Sud Cont 3 Sylvanite Camp RL T -H C Ast # Can A ria Joom L Violam Waite Am Weedon Willroy w Harg < k Bear n-Key 2 2 , Denison N% 11% Young HG > Den wis 3 « Bulolo sales to 11 TORONTO STOCKS Sales High Low 11 a.m. Ch'ge 101000 > N LY ) & \ a, & AAC) ~~ pay them off with a cash loan from CITIZENS FINANCE We like to say "Your loan is OK" When bills pile up--and they alweoys do around this time of year--the easiest way to take care of them may be to total them up, and pay them cll off with a cash loan from Citizens, This way, you'll have [ust one easy monthly payment. Your friendly Citizens Finance Loan Manager can advise you on this and other money problems. Let him arrange a loan for you with a repay- ment plan that fits your budget. Citizens Finance has a reputation for fast, courteous, confidential service. If you like, all arrangements can be made by phone-- then Just come in to sign and pick up the cash. Give us a call or drop in to see us soon. BORROW $50 to $2500 ITIZENS COMP ANY t I Mm Whitby Plaza, Whitby, Phone MO 8-5821 Oshawa residents call RA 3-9691 (no toll charge) Open Friday till 8 p.m., Saturday till 12 noon Loans made in Oshawa, Ajax, Pickering and all nearby towns LOAN OFFICES IN ALL PRINCIPAL CITIES INANCE 8 % ED © LARGE 10-LB. CAPACITY @ HEAVY DUTY WRINGER © LINT FILTER | © EXTRA LARGE HEAVY WRINGER ROLLS BILLS PILING UP? © 5 YEAR GUARANTEE ON MECHANISM JANUARY SALE VALUE... SALE PRICE MEAG 92 SIMCOE NORTH "WE SERVICE WHAT WE SELL" HER'S RA 54711 OPP Arrest Four Men For Robbery LONDON, Ont. (CP) -- Pro- vincial police arrested four men here Thursday and charged them with armed robbery in con- nection with the Dec. 31 mail holdup at Thamesford. The four charged are John Hance, 32, John Sholtanuk, 33, and James Reichheld, all of Lon- don, and Jack Sholtanuk of St. Thomas. They are charged with confin- ing the mail truck driver, Arthur Reeves, who was bound and gagged and dumped off on a de- serted sideroad. Hance and John Sholtanuk were released on bail earlier in the day after appearing in St. Thomas on a charge of possess- ing bonds believed to have been Net 200 200 6 6 17% 17% 10% 10% + % 7 --- 23 139 10% 85 230 900 2000 200 6 $17% $10% z 24% 139 --1 +4 +% + % +2 + % +1 Slaughter Steers, Heifers Trade Spotty At Yards uneven and spotty at the Ontario|20 stock calves from the West public stockyards this week as and shipment to Eastern Cana-| steer prices dropped fully 50 dian slaughterers doubled those| cents and more per hundred-lof last week at four aarloade | weight lower. There were no exports to the Heifers were lower while year-| United States. ling prices were steady and cow| Slaughter cattle: Choice steers) prices firm to 50 cents higher. | mostly 24 with odd tops to 24.50; | Buiis were in active demand with [good 22-23; medium 20-22; com-| prices strong to 50 cents higher mon 15-20; good handyweight | in spots. heifers 21-22 with a few choice Veak calf prices were fully at 22.50-23; good heifers 20-21; steady and hog prices un- medium handyweights 18-21; changed. Lamb prices were fully/common 14-18; choice steers fed | 50 cents to $1 higher and sheep yearling 26-27; with an odd top prices steady. |at 28; good 24-26; choice heifer Cattle receipts were 2,700 head |fed yearlings 24-25; good down| more than last week and about (to ; good cows 15-15.50 with| TORONTO (CP) -- Trading on|ceipts were 171 head compared|stockers mostly 23-24 with some slaughter steers and heifers was with 60 last week. There wereld gteer stock calves at 25: THE OSHAWA TIMES, Friday, January, 8, 1960 7 ter 9-12; good heavy bologna|common and medium ranged lls mostly 18 with sales to/from 15-21. bulls mostly Ww sales to vealers 34-36; an. sont] Calves: 18.50; common and medium Light) sey choice to 33; medium 27-38; bulls 14-17. common 22-26; boners 15-22, _ Stockers: Hogs: Grade A 23.65; heavy sows 13; lights 15; stags 11 on a dressed weight basis. Good light weight| SALES PROMOTION REPRESENTATIVE Established national organizatiory requires an aggressive sales promotion representative for the Oshawa-Peterboro area. Ap- plicant must be between 30 and 45 years of age, own a late model car, be a resident of (he Oshawa area and have selling experience. Salary plus expenses and employees benefits. Reply stating age, education and experience to BOX 37, OSHAWA TIMES 300 head more than the samejodd tops at 16; medium Jes week in 1959. Western cattle re-lcommon 13-14; canners and cut- stolen from the Brockville Trust and Savings Company. They were remanded to Feb. 11 on the bonds charge. Reeves was held up at the Thamesford post office and 11 bags of registered mail' were taken in the robbery. Gulf Oil To Sell $35 Million Worth WASHINGTON (AP)--The fed- eral trade commission announced Thursday the biggest anti-merger settlement in its history: a con. sent order requiring Gulf Oil] Corp. to sell $35,000,000 worth of | properties. | Under the agreement, the big Pittsburgh oil refiner must give up about 30 per cent of the as- sets it acquired through its pur- chase in 1956 of Warren Petrol- eum Corp. of Tulsa, Okla. In agreeing to the order, Gulf did not admit that it violated the anti-merger law as charged by the commission. Esso Offers To Buy Firm Assets NEW YORK (CP)---Esso Stan- dard (Inter - American) Incorp.| 2500 200 1000 3000 3000 500 200 - CITATION COMPLETE WITH LINT FILTER IS WASHER announced Thursday an offer to| buy the outstanding capital stock | of International Petroleum Co.,| Ltd, of Toronto and Coral Gables, Fla, | The price would be $45 in U.S. | currency a share, adjusted for| 200 200 200 1300 400 400 a.m.: 688,000 100 BIG REUNION PIETERMARITZBURG, South any dividend international may | declare while the offer is out-| standing. | The offer was to all sharehol- ders including Standard Oil (New | Jersey) which owns more than 96 per cent of International stock. | Africa (Reuters)--On Christmas Day 80 direct descendants of an Englishman, Thomas Phipson, who emigrated to South Africa in 1849, will gather here to cele- brate the holiday. This is the first time in 40 years that all the Phipson descendants are meeting under the same roof. and electrical firms, went into Shell Buys ETE ee h Natural Gas Export North Star frase 300 1500 9000 2000 245 590 1500 4 100 Plumbing Firm In Bankruptcy TORONTO (CP) -- Spade Con-| tractors Ltd., one of the prov-| ince's largest plumbing, heating] 100 25 $82% 100 $38% $ SPOTLIGHT nm-- BUSINES

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