The Oshawa Times, 20 Jul 1960, p. 21

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BIRTHS D'ALESSANDRO - og and Mrs. ish to of their grandson, David on Monday, July 18, 1960, at I's Hospital, Newark, New d parents are Dr. and | andro. chae Jersey. The Mrs. E. D'Al GALBRAITH -- Bill and Carol Gal- braith (nee Loveless) are happy to an- nounce the birth of their son, Robert James, 7 Ibs., on Tuesday, July 19, 1960, at the Oshawa General Hospital. A little brother for Billy. Many thanks to Dr. J. E. Rundle MacDONALD -- Ken and Gwen (nee Fawcett) are happy to announce the birth of a son, Mark Kenneth, on Mon- , July 18, 1960 weight 7 Ibs., at the Oshawa General Hospital, A brother for Jennifer and Ellen. PARISH -- Fred and Dianne (nee Phasey) are happy fo announce the birth of their daughter, Heather Jane, 8 Ibs. 3 ozs., on Saturday, July 16, 1960, at the Oshawa General Hospital. Thanks to Dr. Ross, Dr. Anderson and nursing staff. SCOTT -- James and Helen Maguire) wish to announce the birt! of a daughter, Sandra Louise, on Thurs- day, July 14, 1960, at Oshawa General Hospital, A sister for Barbara. DEATHS KAHN, Leopold -- At his residence, Brooklin, Ont. after a lengthy illness on July, 19, 1960. Beloved husband of Carola Kahn and dear father of Ernest, Bert, Fred. Henry and Otto and dear grandfather of Elaine and Shelley. Services to be held July 20 at 3.30 p.m. from Park Memorial Chapel, Spadina Avenue, Toronto. LUKE (Eva Gibbs) -- At Oshawa General Hospital on Tuesday, July 19, 1960. Eva Gibbs, wife of the late Fred- erick E. Luke, and loving mother of Mrs B. McDonnell (Grace), Mrs. J. H Snyder (Bootie) Howard G., Lionel C, (Casey), Ronald D and A. Guy Lake in her 78th year. The late Mrs. Luke is resting at McIntosh-Anderson Funeral Home, Service in the Chapel on Friday, July 22, at 2.30 p.m. Inter- ment Union Cemetery. (nee h MEAGHER -- Entered into rest in Sudbury, Ontario on Sunday July 17,| 1960, Jean Estelle Kutchaw, beloved] wife of Patrick Meagher, in her 39th year. Resting at the Armstrong Funeral Home, Oshawa, commencing Tuesday noon. High requiem mass in Holy Cross| Church, Thursday, July 21, at 9 am. Interment St. Gregory's Cemetery, Osh-| awa. GERROW FUNERAL CHAPEL Kindness beyond 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 555 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 SMITH --- In loving memory of our Wayne, who passed away 1949. There is a little boy in heaven, An angel with golden hair, Today's Stock Mark TORONTO 11 AM. STOCKS By The Canadian Press Toronto Stock Exchange--July 20 Quotstions in cents unless marked §. 2--0dd lot; xd -- Ex-Dividends; xr--ex Rights; xw--Ex-Warrants. INDUSTRIALS Stock Abitibi 39% 39% 10% 10% 210 210 190 190 18% 18% 102% 31% 28% 28% 175° $39% 500 $10% Bell Phone Brazil BA Oil BCE 4 pr BCE 5% p #BC Forest! BC Pow BC Phone CPR Cdn Pet pr Cdn Wall B Con Baks Con Gas Copp Clark Crain RL Creative Tel Crush Int Dist Seag D Bridge D Fndry 20 590 200 380 Stock Dom Stores Dom Tar 150 $57% 50 $13% 100 89% 20 $45 $20% $15% Net Sales High Low 11 a.m. Ch'ge Lakeland Lob Co A wt Page-Hers QN Gas QN Gas wis Quinte A xd Roe AV Can Roe AV 5% Royal Bank Stl. Corp Salada-S Shawin Sales High Low 11 a.m. Ch'ge 9 6% 26% -- % Net Stock Shawin A pr 25 Silverwd A 50 Simpsons 75 Southam St Pav Steel Can 8 Prop wis Texaco Can 7% -- % 1 125 10 275 84 Un Gas A pr Westeel Curb Anglo-Nfid 400 Asbestos 575 CD Sug z15 C Bronze z5 C Paper Dupont 100 150 100 OILS 650 1500 300 Alminex Anchor Bailey S A 100 205 Rocky Pete 2000 Royalite 100 W Cdn OG 300 10: Wsburne 3500 5 MINES 1500 40 2000 8 Anacon Arjon Sales High Low 11 a.m. Ch'ge 00 $20% 200 $30% 5 2 Stock A Arcadia Bevcon Bibis Bidcop Bordulae 21 39% 2% Cop Corp Coulee Cowich Daering D'Aragon Denison East Mal Gnt Masct GF Mining Gunnar Headway Heat) Hud Bay Int Nickel Irish Cop Iron Bay Iso J Waite Jacobus Jellicoe Jowsey Kerr Add Labrador Latin Am Leiter LL Lac Lorado Lorado wis Louviet Madsen 151 8 Sales High Lowll a.m.Ch'ge 2800 et Listings on Toronto Exchange 32 3 3 nn 13 4 1000 1500 11550 500 75 100 500 1500 500 7 500 1000 Sturgeon Tombill Vandoo Ventures Waite W Malar 263 Stock Maritime Martin Matateh. Sunburst Teck-H 'Territory Thom L Mentor "Min Sales to 11 am.: THE OSHAWA TIMES, Wednesday, July 20, 1960 2 Sales High Low 11 a.m. Ch'ge 51 81 8 3 6 6 4% 4 160 160 Je 19 -% 53 17 5 58 3 senyuelelEbiEa tetas pefaBoatu.E8us Ss = 1 1) 3 = 58x ge 8 g EEE w233E = Am § F-B.Be.sus.sfanuefslzata., 351,000. BUSINESS SPOTLIGHT os WC Seen Answer To By FORBES RHUDE Canadian Press Business Items from the mail: Industry, monthly publication of the Canadian Manufacturers' Association, says: "A high proportion of those out of a job for any length of time stay jobless either because they Ambitious Training Plan Unemployment provide the same after-tax in- come. > International Business Ma- chines, at its research laboratory a Yorkoon Heights, N.Y., has a machine which, the company slates, translates Russian "'into rough but meaningful English." It adds that grammar is still be- are unskilled or b for their particular skill is not what it was. At the same time, employers, newspaper advertise- ments and National Employment Service bulletins emphasize that there are other skills which are --and have been for some time --very much in demand. Clearly, what is needed is a much more ambitious, energetic and nation- wide program of job training and re - training than anything we have yet attempted in Canada." Moss, Lawson and Co. Ltd, Toronto, is among investment houses which apparently feel the |public doesn't yet fully realize the advantages which arise from the 20-per-cent tax credit on divi- dend i It outlines a sug- Mechanical Huge Gold Load Mail Men |Flown Into U.S. LONDON (Reuters)--One of ing mail--is on the way out in Britain, The day will come wien hu- man beings no longer will have to do it. Complicated and tireless robots, called Alf and Elsie, will take over the task the new electronic machines will handle mail faster and more cheaply than human workers, | who will be freed for more inter- esting tasks. It does not, how-| ever. expect to lose the human) touch completely. To help the new robots do their job, the British public. will | be asked to use a cloak - and- dagger sounding code as part of their address. "Nor 22k" and 'mor 36p," for example, are samples of a code now being used in the city of Norwich, where the automatic sorters are being Elsie (electronic letter sorter and indicator equipment), these cryptic symbols mean such sim- ple addresses as: Green Street, Norwich, or North Road, Nor- { wich. Elsie sorts the letters into 144 piles, each going to different areas of the city. Working with tested. Tol NEW YORK (AP)--About 15 the account ot whatever foreign tions Tuesday as golds and west- : | country is the new owner. { , jobs--sort- | ; i the world's dreariest jobs--sort-, Wo yo nto to New York. It| It is stacked in vaults in the'h® down side. tons of gold was flown this week |may have been the largest ship-| form of gold bars weighing about ment ever entrusted to one plane. It's also one of the rare occasions) when gold actually moves in or| it of the United States. ou the fact that the treasury's stock | of gold is $5,000,000,000 lower than| 10 years ago, with the greatest |drop in the last three years. { L'ttle of that solid metal actu- ally flowed from these shores. Most of it stays right in New York. i Instead of being held by the| U.S. treasury at Fort Knox, Ky.,| it has been moved six blocks {from the U.S. assay office in| lower Manhattan to the vaults of) the federal reserve bank of New | York, where it is earmarked for | Talented Alf then goes on to | separate the first class trom the |second class mail and ~ancel the | stamps. | Automation is necessary, says the post office, if Britain is to |keep its reputation of having one of the fastest and cheapest postal systems in the world. To- day, a letter, with an ordinary Elsie is Alf (aut tic letter facer), which takes a jumbled | where in Britain before 6 o'clock pile of letters and shuffles them in the evening, should reach its so ¢hat the stamps are all in the same corner. stamp, posted any- thr [27 pounds each, valued at about $14,000. |SECRECY THE RULE The Canadian gold came from There's been much talk in re.|the Toronto branch of the Bank|with 2,063,000 Monday. 0 cent years of the flow of gold out|of Nova Scotia. Neither that bank| Steels, banks and utilities com- The post office expects that|g¢ the US, The talk is based on|Dor the federal reserve cares 10/nineq to take the industrial index say why the gold was brought here. Nor does the federal reserve care to discuss how much gold it holds for forei t, nor fi olds for foreign account, nor for), which countries. | The federal reserve bank. here| acts as a financial exchange for| the central banks of other coun- tries. Other countries can settle their international accounts by having the federal reserve bank move the gold bars from one pile to another. All the deals would take place| within the vaults of the New York| federal reserve bank. Only occa- sionally is the gold itself moved to another land. This traffic in gold is restricted to governments acting through their central banks. Individuals cannot buy gold from the U.S. treasury. | When central banks of other countries hold dollar assets that they wish to change into gold they can do so upon application to the U.S. treasury at the official rate of $35 an ounce. There are transfer charges and storage destination the next day, prob- ably in the morning. charges. {loss of 11 cents at 70 cents. |Labrador was up % at 18 while, NET EARNINGS TORONTO (CP) -- The stock| market closed lower in all sec-| lern oils made an about-turn on | On-index, industrials were off 12.31 at 482.31, golds were off .01 at 76.89, base metals were off 1.17 at 152.98 and western oils were off .29 at 79.74. Volume was 1,897,000 compared lower. Stelco was off a point at 67 and Algoma dropped % at 31%. Bank of Montreal lost 3% at 1, Papers were mixed ; Great Lakes up Yi at 37%, Auitibi up 1% Huron and Erie jumped five points at 56 and Industrial Ac- ceptance was up % at 39%, while Creative Telefilm lost 5 at 10%. Falconbridge was off 1% at 30%, with Noranda off % at 36% and Cominco and McIntyre-Por- cupine 'off % at 18 and 22%. Speculative issues again came in for some heavy trading, satel- lite trading 266,800 shares for a Dome gained % at 18% and| at 39%; Consolidated off % at t stock MARKET | Ex-Auditor Warns gested portfolio for investment of "Don't Overspend" By DON BEENEY Canadian Press Staff Writer TORONTO (CP)--The auditor- general of Canada should "put the fear of God into officialdom' when it tends to overspend public monies, the Ontario legislature's select committee- on administra- tive and executive problems of government was told Tuesday. Watson Sellar, former auditor- general of Canada, said adverse publicity has an effect on govern- ment departments, though he personally was never unfair in his annual report to the Com- mons. Whatever he had to say in criticism was always shown to the department concerned, so it could be determined if his statements were fair and accur- a e, CCF Leader MacDonald said the practice is a good one and should be carried out in" Ontario, Mr. Sellar said a number of federal Crown agencies should be abolished because they have be- come too administrative, The re- mainder, except for the Bank of Canada, should be audited by the auditor-general and not by pri- vate companies. TOO TRIVIAL The weakness of the federal treasury board was that it was inclined to nd too much time dealing with small and trivial matters. Thirty years ago the treasury board was required to give approval for the installation of a telephone. Mr. Sellar also suggested all departments should pay for their own postage, particularly the Dominion Bureau of Statistics. $5,000 in 10 common or preferred stocks, giving an over-all yield of 5.25 per cent, and comments that (bond or mortgage interest of 6,18 low the coll level, but im- provement is expected. Robert Winters, president of Rio Tinto Mining Company of Canada Ltd., has been elected a member of the Corporation of the Massachusetts Institute of Tech- nology, the governing body of MIT, The corporation has one other Canadian member--C, D. Howe, like Mr. Winters a mem- ber of the former Liberal gov ernment, Both are MIT gradu- ates. Elio Bazzi, export manager of Ferrania Spa, of Milan, Italy, says Canada is first in the world in per capita spending on ama- teur photographic materials. The sale of filter-tipped cigar- ettes in Canada this month will pass the 50-per-cent mark of the total cigarette market, says a re- lease on behalf of Rothmans of Canada. = cent would be required to 'Farms Raise "Packing Capacity MARKET PRICES TORONTO (CP) -- Churning cream and butter print prices quoted here today by the City Creamery were: Chirning cream, 1st grade, on truck 63 cents; de- livered Toronto 66 cents; special grade 68 cents. TORONTO (CP) -- Wholesale fruit and vegetable prices were reported unchanged here today from Tuesday. TORONTO (CP) -- Potato prices were reported unchanged here today. The egg market was reported unsteady with receipts in excess of a very light demand. Country dealers are quoted by| the federal department of agri culture on Canada grade eggs delivered Toronto, in fibre cases: 'A large 36; A medium 35; A TORONTO (CP) -- Hardee Farms International Ltd. will boost its capacity for packaging fruits and vegetables to more than 1,000,000,000 pounds a year, says Bram Dees, president. Speaking at the company's an- nual meeting here, Mr. Dees said the company has completed plans to build on a lease - back basis a vegetable processing and packaging plant at Lake Placid, Fla. Other plants are in opera- tion at Bradford, Ont., and Sher- rington, Que. i Mr. Dees said that sufficient acreage has been prepared for the growing of high quality fruits and«vegetablés in Florida this winter for m ar k ets in Florida, the eastern United States and eastern Canada. He said that during the current fiscal year a substantial addi- tional acreage of the company's '4,000 acves of land in Ontario, Quebec and Florida will get into small 25; B 24; C 20. production, No SUPERIOR FINANCE 17 Simeos St. N., Oshewe RA i841 Open Friday 'til 8:00 p.m. Saturday 'th 12 Noon among senior uraniums, D gained 55 cents at $9.80. In western oils, Home A had a 30-cent drop at $7.85. Calgary and Edmonton lost % at 14% while Pacific Petroleum was up 25 cents at $8.40. Hus éyes the blue of heaven's blue, | His soul so pure and fair. | God lent him to us for a s while, To us it seems but a day, But heaven must have been very sad The little while he was away. ~Lovingly remembered by Grandma and Grandpa White, | SMITH -- In loving memory of our beloved son, Wayne, who passed away July 20, 1949, in his 8th year. | There's a mother and fath miss you sadly, And find the time long since you went, And we think of you daily and hourly, | But try to be brave and content. But the tears we shed are in silence, And we breathe a sigh of regret, For you were ours, and we remember Though all the world may forget. --Dearly loved and always remember- ed by mother, father and sister Joanne. CARD OF THANKS ELLIOTT --We would like to extend our sincere thanks to friends for floral tributes and the kind expression of sympathy shown us in our recent be- reavement. . Special thanks to nurses of Oshawa General Hospital, Dr. W. G. Y. Grant, Rev. Robinson for his con- soling message and the Robinson Fu- neral Home for their kindness. | | hort sweet I er who --Mrs. N. Graham, Mrs. R. Percy, Mr, and Mrs. R. Batty. | GENEREAUX -- I wish to thank all my kind friends and relatives for flow- ers, cards and gifts, also nurses and | staff on Ward 3A for their kindness | while 1 was a patient in the Oshawa General Hospital. Special thanks to Dr. D, Sturgis and Dr. A. Halan.Andres. LEIGH -- The family of the late Leonard I. Leigh wish to thank their | many friends, relatives and neighbors, for their kind messages of sympathy | and floral tributes. They were deeply appreciated, Please Note Deadlines now in effect this column: Births, Memoriams, Thanks -- 9 AM. SAME DAY DEATHS -- #1 AM. SAME DAY DIAL RA 3-3492 Russia's Coach Is Optimistic MOSCOW (AP)--Coach G. V.| (Harry) Korobkov of the Soviet] track and field team said Tues-| day he is optimistic over Rus-| sia's chances of winning in the Olympic Games in Rome. "But," he added, "the Ameri-| cans will be tough competitors. | They have a brilliant team. It is| the strongest team they've ever! had." | Korobkov made his remarks at | the conclusion of the last pre- Olympic trials here. Nearly 900 athletes took part in the four-day meet to determine places on the 80-member Russian team. Russia placed first in unofficial | standings at the 1956 Olympics in| Australia with 722 points. The| US. was second with 593 and Australia third with 278. The standings were computed on a 10-5-4-3-2-1 basis for the first six| finishers in each event, | | i for || I Cords of | | | | f Oshawa Wood Products 11. KITCHENS FOR YOU . . OSHAWA WOOD PRODUCTS LTD. at Courtice. Let us show you what can be done to modernize your present kitchen or the one you dream about for your new home. Above photos show postformed counter tops, beautiful plywood cupboards, electric range with wall oven, kitchen fan, stainless steel sink with chrome faucets; all these necessities and more are available at OSHAWA WOOD PRODUCTS LTD. Come in and talk over your kitchen needs, we have experienced help to assist you in your planning. ® on display in Yes, you can see these modern kitchens the new showroom of PURCHASE ON OUR BUDGET PLAN MORTG AGES ARRANGED BOWMANVILLE, MA 3 ' -2130 Oshawa Wood Products 11. DOWNTOWN SHOWROOM 84 SIMCOE ST. S. -- RA 8-1617 9 TELEPHONES TO SERVE YOU MAIN OFFI COURTICE -- RA 8-1611 DOWNTOWN SHOWROOM OPEN FRIDAY UNTIL 9 P.M. CE AND SHOWROOM AJAX ZEnith 2-9600 ECONOMY OUTSTANDING call Vauxhall for value™ CONVENIENCE DEPENDABLE 4-CYLINDER Dial for comfort and quality and you're ROOMY 5-PASSENGER through to Vauxhall's world of luxury and value. Only Vauxhall in its class has such a line of convenience features at no extra cost. No wonder so many people are talking about Vauxhall in such ringing praise! ALL-ROUND JISIBILITY 3.SPEED COLUMN tones of SERV COMFORT ICE FROM COAST 70 COAST RIGID RATTLE-FREE CONSTRUCTION A GEAR SHIFT Wictor Super 4-Door Seden * pick up yo ur phone and call your Vauxhall Value dealer today! (whitewall tires optional at extra cost) THE BRITISH CAR BUNT AND BACKED BY GENERAL MOTORS ... SERVICE EVERYWHERE IN NORTH AMERICA vsug x Cliff Mills Motors Limited 266 KING ST. W., OSHAWA, ONT. Whitby Motors Limited WHITBY, ONT.

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