The Oshawa Times, 13 Jul 1960, p. 21

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FORD -- Mr. and Mrs. William Ford (nee Sandra Darling) proudly announce the of their daughter, Susan Py s hs. 12 ozs., on Monday, July 11, 1960, at the Oshawa JGeneral Hos pital. Special thanks to Dr. R. K WOR i ni Donal ja and Aldine tiie Steele) of B) the le Jay 13 %. A "at the "Oshawa General . Thanks to Dr. Stocks DEATHS CZAIKOWSKI -- Entered into rest in the Oshawa General Hospital on Tues day July 13, , John Czaikowski, beloved husband of Bronistawa Pajak, in his 64th year. Resting at the Arm- 2 Funeral Home, Oshawa with high requiem mass in St. Hedwig's Church, A July 15, 10 a.m. Inter- ment St. Gregory's Cemetery. STRATHDEE Suddenly at the family residence, 207 College Avenue, on Tuesday, July 12, 1960, Norma Flor- ence Smith, dearly beloved wife of Harold G. Strathdee. The late Mrs. Strathdee is resting at McIntosh-An- derson Funeral Home, Service in the chapel on Friday, July 15 at 2 p.m, Interment Union Cemetery. WILSON -- Entered into rest in the Oshawa General Hospital on Wednes- day, July 13, 1960, George Albert Wil- son, beloved husband of Vera Mary Ripley and father of Mfs. G. Grans- den (Doris) of Bobcaygeon; Miss Mur- fel Wilson of Oshawa; Mrs. K. Coul- ter (Gwen) ' Fenelon Falls; "Earle and Ray Wilson of Oshawa in his 65th year. Resting at the Armstrong Fu- neral Home, Oshawa, with memorial service in the Chapel on Friday, July 15, at 2 p.m. Interment Mount Lawn | Cemetery. GERROW RiAVERAL CH Kindness pes price, yet within reach of all. RA 8-6226 390 KING STREET WEST LOCKE'S FLORIST Funeral arrangements and floral requirements for all occasions OSHAWA SHOPPING CENTRE 24 HOUR PHONE SERVICE RA 8-6555 OSHAWA MONUMENT COMPANY SPECIALIZING IN Monuments, Markers Memorials, Cornerstones, Statutory of all types 1435 KING ST. E. Ph. RA 8-3111 or RA 8-8876 IN MEMORIAM BARRETT -- In loving memory of our dear mother, Louise Barrett, who passed away July 13, 1954. All to ourselves we think of you Think of the things you used to do, And think of you in every way. We laugh with the world but never forget For deep in our hearts your memory | is kept. ~Lovingly remembered and missed by daughter, Blanche and son-|terests phere. in-law Harry. CLARK -- In loving memory of my daughter, Beatrice Clark, who passed | away July 13, 195. Loving and giving and always Today's Stock Market Listings on Toronto Exchange TORONTO 11 AM. STOCKS By The Canadian Press Toronto Stock Exchange--July 13 Quotations in cents unless marked §$. 2--0dd lot; xd -- Ex-djvidends; xr--ex- rights; xw--Ex-warrants. INDUSTRIALS \ Net Sales High Low 11 a.m. Ch'ge 278 $38% 38% 38% 720 $24% UW 2U% 245 $19% 19% 225 18% 101% 405 at] 20% Stock Frosst A Gatineau G v 100 450 $13 ~ GC $43 GW Coal A Hj-Tower jmp Bank mp Oil Stock jnd Asvep Abitibi Abit pr Acad-At1 A Alta Dist vt Alta Gas Alt Gas pr Alta Gas wth 315 4 Fig Gas Inind Gas pr 2100 Intey PL Inv Syn A ~ Sales High Lowll a.m. Pribs ge $14% 14% 14% $34% 34% 425 425 8 Ya 58% 1% 36% Stock Sales High Texaco Can 275 I Dora Bk is8 M4 T Fin A° 13 3 = 2110 325 270 100 75 s15% 15% 15% a 3% 00 ht $467 40% 407 520% 20% z15 Dupont 2130 Canadian Press Business Editor --though | Toronto--is rarely heard of "| Canada. sadly|Pany for the bulk of Shell in- so| Shell pyramid and work down. Bdth Pow B 50 Bell Phone 602 Brazil 1110 BA Oi 1235 BCE 5% p 25 BC Forest 100 BC Pow C Bank Com 200 Cdn Brew 805 Pres Elect QN Gas QN Gas w Roe Av Can Rio Algom Royal Ban StL Corp St. Maurice Salada-8 Selkirk A Shawin a SKD Mig Slater Southam St Pav Steel Can § Propane Cdn Ind Gas 7s CWN GAS pr 200 Col Cell 30 Con Gas Creative Tel sop Dist Seag 115 D Bridge xd 245 D Fndry 112 Dom Stores 200 Dom Tar 595 Econ Inv 120 Ford Com . 20 $126 B+ + % ---% -2%a 126 Britaita Ed th 200 ) Home Oil B 300 Kk HBO G 550 Majtrans 1000 e Provo Gas Ranger Triad Oil Un Oils Wespac W Cdn OG 400 800 3700 165 100 $67 66% 250 $14% 14% 700 1 103 Low 11 a.m. ones $50 50 50 $52 52 $37% Tr fA PL ~ $17% 2 ---% % +% -% + % ---1 --- + Ph ut 28 485 he Nickel n Irish Cop Iso Jacobus Jellicoe Kenville 103 Sats Sales High Low 11 A +3% 0 44 . -1 700 700 82 N Dijel New Hosco N Mylama Nipissil Noranda Opemiska Orchan Orenada Que Ci Q Met. Quemo Rix Athab Rio Algom San Ant Satellite Sherritt in 334 i * *u -1 18 hit hs 11% 80 880 880 Stanlei; Stanigh wis | Taurcan vt Teck-H Un Fort Ventures * 325 $54% 54% 54% + % Ho 100 100 100 +4 a a 4 119 115 115 --4 9 9? } 4 Mh 80 5000 500 Stock Kerr Add L Dufault L Shore Al 500 Sales to 11 a.m.: 5 MARKET PRICES Sales High Low 11 a.m. ot, 100 $11% 11% 11% + % 500 49 9 "» -3 z10 320 320 320 70 ken ng op al nt TORONTO (CP) -- Wholesale fruit and vegetable prices were reported unchanged from Tues- day. TORONTO (CP) -- Churning cream and butter print prices} were reported unchanged today. TORONTO (CP)--Potato prices were quoted today at: Ontario a. off truck, 75 pound bag, To the trade: Ontario mew, 75 bag range, $2.50-3. TORONTO (CP)--Fruit Sirmies unsteady of a light demand. Coun! try dealers are quoted by the federal department of agricul- ture on Canada livered Toronto, in fibre cases: A medium A grade eggs, de- trading: western 62% (nominal), Canadian And US.' Ministers Meet OTTAWA (CP)--Canadian and two United States cabinet inet Mini " | processing plan and the Ontario|y food producers operating under the tender fruit North mre Treasury ert Anderson said in a et Andere a a. 8 bel Si have agreed on a American price of $200.50 a ton for sour cherries, it was announced today. The settlement is $25 a ton more than the price established last year, gh 765,000. 'BUSINESS SPOTLIGHT Shell Organization Set Back | Globe-Wide Group. First, there is th Dutch Shell ever, convenience lo em By FORBES RHUDE is only a t brace all Shell When Fidel Castro's - govern- ment took over three refineries) |in Cuba, including one belonging| companies everywhere. |to.the world-wide shell organiza-| Two companies tion, a lot of inquiries went|porate pyramid. T astray. The Shell Cuban Company was roleum Maatschappij, in English, | stated to be a subsidiary of a| |{the Royal Dutch P Canadian company and this led|pany; and the "Shell" Transport to a flood of telephone calls tojand Trading Co. Ltd. These two companies, however, Oil Company of Canada Ltd., St. are simply holding companies.|while a 17-per-cent interest may Shell Ltd. 0il Company of Canada But Shell of Canada has noth-|They have no operations and ing to do with the Cuban com-|their financial statements are not pany, except that it is a member |included in those of the group. of the same international group. The Cuban company--Compa- of the shares of nie Petrolera Shell de Cuba S.A. | group companies--Bataafse Pet- --is a subsidiary of another com-|roleum Maatschappij N.V. {pany, Canadian Shell Ltd., which|tavia Petroleum Company), and traded on stock exchanges in|Shell Petroleum Co. Think of the things you used to say Ontario and has its head office in| Royal Dutch holding 60 per cent Brussels, Paris, and in Germany. in|of the two companies, "Shell" Transport holding 40 per|companies, British nationals hold it is incorporated It is, however, a holding com-|cent. in directly or For an explanation, perhaps it| s simplest to go to the top of the Group. This, Their holdings consist mainly and "Shell" Transport--are, re- Bataafse Petroleum and Shell about 18 per cent; the Western hemis- Petroleum, in turn, own shares-- nationals around 15 per cent. indirectly--in more than 500 companies engaged in|the world - wide group in 1959 oil and chemical industries throughout the world. e name Royal) Included in Bataafse Petrole:| how-/um's ownership is Canadian Shell erm used for Lid. Canadian Shell, as noted, holds the bulk of Shell interests in the head the cor-|Western hemisphere, and these hey are N. V, |include the Cuban company. | | | Koninklijke Nederlandsche Pet-|{COMPLEX SET-UP In a somewhat complex share- holding set-up, Canadian Shell also controls, directly or indi- |rectly, about 83 per cent of Shell| etroleum Com: | be tabbed as outside the group. While the two companies at the top of the pyramid--Royal Dutch | spectively, Dutch and British companies, their shares are wid- (Ba- |ely-held internationally, and are in Ltd.--with|London, New York, Amsterdam, two principal and| Of the total shares of the two {nearly 38 per cent; Americans and Dutch Sales and operating income of totalled £2,579,000,000 (more than $7,000,000,000). kind Are the beautiful memories you eft | All Sections | I On Market | | TORONTO (CP) -- All sections lost on the stock exchange Tues-| A ek losses: Industrials 2.69 at 484.06; golds .33 at 76.17; base metals 1.00 at 154.50 and west- ern oils .67 at 81.69. Volume was 1,856,000 com- pared with 1.578,000 Monday. Bank of Montreal lost a point at 52%. Bank of Commerce and Royal Bank both dropped % at 51% and 66%, and Toronto - Do- minion was off % at 52%. Stelco lost a point at 67, while Lawrence Corporation drpped % at 17. Moore and Investors' - Syndi- cate A were off 1% at 45% and 30%, and Creative Telefilm DOMINION RUBBER APPOINTMENTS Dominion Oilcloth went ahead| 1% at 32%5% and Canadian Inger- soll improved 3% at 39%. In mines, Falconbridge was off| % at 32%, with Latin American | off 44 cents at 78 cents on a sale |of 537,000 shares. Cassiar and Kerr Addison both dropped % at 11 and 11%. Geco and Mclntyre-Porcupine both improved % at 17% and 23% while, among senior uran- Sums, Denison dropped 35 cents t $8.80, Rio Algom was off 20 als at 6.90 and Gunnar gained 10 cents at $7.25. In Western oils, Calgary and Edmonton dropped % at 15%, | |March 31: 'STOCK MARKET 'NET EARNINGS By THE CANADIAN PRESS Canadian Overseas Telecom- munications Corp., year ended 1960, $947,638; 1959, $625,703. Superior Propane Ltd,, 6 mos. cents a share; 1959, $169,500, 35 ended May 31: 1960, $180,500, 38 cents Willson Stationers and Envel- opes Ltd., year ended April 30: 1960, $282,363; 1959, $144,011. while Home A and B were off 20 cents at $8.35 and $7.90. | Canada's UN Group Not To Be Used OTTAWA (CP) Canada's standby battalion for United Na- tion duty is unlikely to be used in the Congo situation, reliable sources said Tuesday. The unit at readiness is the 2nd Battalion, Royal Canadian Regi- dropped 1% at 11%. met, at London, Ont, It was said here that the UN would be unlikely to want to use a white, English-speaking battal- ion in a black, non-English-speak- ing country "when troops from African and Asian nations pre- sumably would be available. Prime Minister Diefenbaker made it plain in the Commons that Canada will not send troops to Congo at least until the UN has formulated a plan for assis- A. W. HOPTON M. H. HUDSPETH A. W. Hopton, Vice-President and a Director of Dominion Rubber Company: Limited and General Manager of the Company's Tire Division in Kitchener, Ontario, has been appointed Vice-President, . Automotive Sales, according to a recent announcement mode by .- M. F, Anderson, Company President. Mr. Hopton's responsibilities - will not only encompass tire products, but all other manufactured by the various divisions of the Company that are sold to automobile manufacturers in Canado. wv Mr. H. Hudspeth, formerly Assistant General Motta of the Tire ~ Division becomes the division's General Manager. Mr. Hudspeth, - who has been with Dominion Rubber since 1929, had been General ~ tance which would meet the wishes 'of Congo and other Afri- can states. M of the Company's Textile Division, before Jacoming As- sistant General Manager of the Tire Division in 19 bel 3 ~Sadly missed by your Mum. CLARK -- In loving memory of a dear mother who passed away July 13, What would we give it we could say "Hello Mom" the sage old way; To hear her voice and see her smile, | To sit and talk with her awhile. | ~Lovingly remembered by Gloria, | Greg, Joan and Ted. HAYES--In loving memory of a dear husband and father, Harold G.' Hayes | who passed away July 13, 1949. O for the touch of a vanished hand, | And the sound of a voice that is still. --Ever remembered by wife Marian and family. CARD OF THANKS MacDOUGALL -- Mrs, W. H. Mac- Dougall and Mr. Malcolm B. MacDou- gall and family, 28 Castle Road, Brook- Hin, extend their sincere thanks to the many friends and neighbors for the kind expressions - of - sympathy shown them in their recent bereavement. BRAUND « I wish to thank all my kind friends and relatives for their flowers, cards, letters and gifts I re- celved while a patient in the Ross Me- morial Hospital in Lindsay. 2 william J Braund THURS. TILL 6 P.M, FRI. TILL 9 P. SAT. TILL6 P OPEN COMPLETE BADMINTON SETS For the cottage or around the home. Complete with 4 racquets, birdies, net, adjustable metal poles and vinyl carrying case. 'Special Retail Price 9.95, 6 85 o WHOLESALE M. M WHOLESALE TO THE PUBLIC SUNBEAM ELECTRIC HEDGE CLIPPERS Below Whoiesale. +... S1+00 SUNBEAM LAWN MOWERS 74.96 AS LOW AS sss esvens Please Note Deadlines now in effect for |i this column: I Births, Memoriams, Than Cards of 9 A.M. SAME DAY DEATHS -- 11 AM. SAME DAY DIAL RA 3-3492 New Trade Agreement Approved OTTAWA (CP) The new Russian - Canadian trade agree- ment was approved by the Com-| mons Tuesday after a dispute be tween Opposition. Leader Pearson] and Trade Minister Churchill on| the value of the $2-for-$1 ratio of| Russian pusthases to sales by| Canada in the U.S. Mr. Pearson contended this is] "an undesirable principle" to em- body in the three - year pact, signed in Moscow last April as' a successor to a three-year frade| agreement negotiated in 1956. Instead of expanding trade, Mr. Pearson said, "it is more] likely to limit trade." Wheat| particularly was likely to be af-| fected. Mr. Churchill sald the agree- ment provides for Russian pur- chases of $25,000,000 annually--| half of it in wheat--and Canadian| purchases of $12,500,000. The $2-for-$12 formula repre- sented a considerable concession by the Russians whose policy in| trade agreements was to balance trade with each country. Canada| was the only country from which Russia had agreed to buy more| than she sold. The formula was misunderstood and was not a restriction, Mr.| 2 Burner Model 4 M Special This Week Only COLEMAN CAMP STOVES 12.95 We carry a complete line of Coleman Products LANTERNS FROM 7.95 UP Presto Stainless Steel COFFEE PERCO- LATORS Submersible, Retail 29.95. 19.50 ATTENTION RETAILERS 12.95 5-tube Americana RADIOS. Only ...,..... At Oshawa Discount House A large selection of CAMPING and SWIM- MING EQUIPMENT, including AIR MAT- TRESSES, COOLER JUGS, ICE CHESTS, PICNIC TABLES, GROUND SHEETS, TENTS, SLEEP- ING BAGS, SWIM FINS, SNORKELS, ete. TRANSISTOR RADIOS 19.95 ~ From RIGID WADING POOLS 66" x 42" x 12" deep with hose away drain. Retail 14.95. Special this week only 1/3 OFF 'eee ere a Black and White ROLL FILM -- 127, 120, 620. 25¢ Guaranteed fresh. Only . .. 8 M.M. MOVIE FILM -- At Oshawa Discount House. 3.60 For parts, accessories and complete Ma Kart Engines as low as MAKE US YOUR GO-KART HEADQUARTERS gic KAR-pet Go Karts. 39.95 290 ALBERT STREET (Between Gi OSHAWA DISCOUNT HOUSE ibb and Olive) RA 8-0311 4 Best Buy in Fenders-Volkswagen Volkswagen makes sense many ways. Everything wa with your pocket book in min " has been changed to please a passing fad. Take spare parts, for example: Volkswagen's fenders are bolted to the fender costs $16.10), Or a complete engine can be exchanged in 90 minutes. Only two examples of what a soundif engineered car means for you. _ Volkswagen has mainfained the same price ever since it was introduced in Canada eight years ago. The secret? Volkswagen has increased production body for quick replaceme Or think of the low in for you in s designed d--nothing year by year, from 8,000 cars in 1948 to more than 700,000 in 1959; making it the largest selling small car in the world--by far. The logical result of wilting and improving a sound basic design is a standard of quality which has made Volkswagen famous throughout the world. 1,526 Canadian Volkswagen owners have received the Gold Watch Award and Diploma for driving their cars 60,000 miles without major repair. Over 300 dealers, coast to + coast, invite you to join this happy family soon. R VOLKSWAGEN CANADA LTD. nt. (A rear itial cost: SABYAN MOTORS 334 RITSON ROAD SOUTH TEL: RA 3-3461

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