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16 THE OSHAWA TIMES, Pridey, October 13, 1961 BIRTHS CLAUS - Seab and Bea are happy to announce the birth of a son, Steven Seabourne, at the Oshawa General Hos- pital on Friday, October 13, 1961. A brother for Sherri and Kathy. FOREMAN -- Bill and Joyce (nee Kilburn) are happy to announce the arrival of their daughter, Shelley Joyce at Oshawa General Hospital on Friday, October 13, 1961. A sister for Gary, Laurie and Scott. MANN -- Ray and Mary (nee Con- nor) are happy to announce the birth of their son, Willlam Scott (8 Ibs. 15 0z28.), on Wednesday, October 11, 1961 at the Oshawa General Hospital. A brother for Shelley, A GOOD NEWS STORY---When you announce the birth of your child in the Oshawa Times, clippings of the no- tice are available for Baby's Book, Family Tree Records and to mail your friends and relatives in those far-away places. To place birth announcement, call The Oshawa Tiraes Classified, phone RA 3-3492 DEATHS KEAYS, Sinclair Tramsn Suddenly at the Greater Niagara Gen- era] Hospital, Niagara Falls, Ontario, on Thursd October 12, 1961, Sinclair Truman Keays, dearly beloved husband of Helen Isobel Reddick, 1186 Me- Glashan Crescent, Niagara Falls, dear father of Mrs. George Reid (Shirley) and Mrs, Neil McKay (Geraldine) of Oshawa, Ontario; brother of Murray Keays, James Keays, Logan Little, and Owen Little, Niagara Falls, Ontario, Mrs. Daniel Kiraly (Pearl), Escumi- sac, Quebec, Mrs. Hudson Brown (Ethel), New Carlisle, Quebec, Mrs. Stuart Flowers (Reta) and Mrs. Max «Evans (Constance), Niagara Falls, On- dario. Mr. Keays is resting at the Fu- ameral Chapel of Hetherington and Deans, 1176 Victoria Avenue. Service in the chapel Saturday, October 14, at 11.30 a.m. Interment in Lundy's Lore «Cemetery, Niagara Falls, Ontario. + MROCZKOWSKI, Stanley Entered into rest in the Toronto Gen- £ral Hospital on Wednesday, October 11, 961, Stanley Mroczkowski, beloved Jusband of the late Sophia Giepard, «And father of Mrs, Gene Wales (Jean), And Matthew (Nick) Mroczeck, in his 63rd year. Resting at the Armstrong Juneral Home, Oshawa, with High Re- quiem Mass in St. Hedwig's Church, Saturday, October 14 at 10 a.m, Inter- ment St. Gregory's Cemetery, SALTER, Wesley J, Entered into rest in West Lincoln Mem- orial Hospital, Grimsby, on Thursday, ,October 12, 1961, Wesley J. Salter, be- loved husband of Iva G. Everson, and fathe, Henry of Trail, B.C. and s Catharines, in his 81st year. Resting at the Armstrong Fun- .eral Home, Friday evening, October 13 Service in the Chapel at 8 p.m. Also in ,the Hulse and English Funeral Home St. Catharines, Saturday at 3:30 p.m. Interment Victoria Lawn Cemetery, St. Catharines. (Masonic Service in the Funeral Home (Oshawa) Friday at 7 ,p.m. Memorial tributes to Crippled ,Children's Association would be appre- ,clated, THOMPSON "At Oshawa General Hospital on Wed- nesday, October 11, 1961, baby "Thompson, stillborn son of Eldon and Carmella Thompson of 322 Albert] Street. Baby Thompson rested at the| row Funeral Chapel followed by in- "terment in St. Gregory's Cemetery. CARNATION | FLOWER SHOP 55 KING STREET WEST, BOWMANVILLE Flowers for every occasion. Floral tributes, from 3.75 Hospital arrangements 1.75 and up. Daily fresh flowers from our own greenhouse. Free delivery in Oshawa ond Bowmanville. Satisfaction guaranteed. Phone collect MA 3.7141; after hours MA 3.2944, » GERROW FUNERAL CHAPEL Kindness beyond price boy | TORONTO 11 AM. STOCKS By The Canadian Press Torinto Stock Exchange--Oct. 13 2--0dd lot, xd--Ex-dividend, from previous day's close.) INDUSTRIALS Stock Abitibi Acad-Atl Alta Dist Alta Dis w 1 345 $39% 39% 39% 350 $10% 10% 10% + 500 230 225 100 105 100 100 265 $343 3414 344 25 $109% 100% 109% $153 15% 15% $18% 18% 18% $20% 20% 20% 60 60 48% 21% 2T%h Atlas Steel Aut Fab B Bank Mont Bank NS Bell Phone Bowater pr Bow 5% pr Bowater Brazil BA Oil BC Forest BC Pow BC Phone Build Prod Bullochs A Cal Pow 400 Can Cem 50 Can Cem pr 25 Cl Fndry 225 Cl F 4% z5 $8 C Pack A 55 C Pack B 200 Can Wire B 325 Cdn Brew CBAL A w CBAL B w Cdn Celan C Chem C Dredge CF Prod 2p C Gas In pr 500 C Husky 2100 C Husky w 100 10% 52 $52 300 300 $69 $143 14% $5% 5% 445 $31% 34 10 $105 105 770 25% z10 25 $16% 225 $20% 14% 5% 34 105 25° $25% C Tire A $49 CWN Gas CWN G 5% Chat-Gai 50 $28% Con Bldg 1515 $9% Cin Bldg pr z75 $7% Con Bldg wt 300 290 Con Gas 580 $20% Corby vt 235 $18% Coronation 750 $8% Dist Seag 530 $45% D Stores n 405 $15% 49 16% 20% 28% + 16% 20% 28% 9 % TH 285 285 20% 20% 18% 18% 8a 8% 45% 45% 15% 15% (Quotations in cents unless marked a4 xr--Ex- rights, xw--Ex-warrants. Net change is % -- % 9 --% ---W 11 Ni Sales High Low a.m. Ch'ge 9 15 23% 100 $10% 10% z5 $162 162 235 $17 17 300 $16% 16% 55 $158% 158% 250 % 36% 11 Net Sales High Low a.m. Ch'ge 55 $9% » $46% $14% $32% $9% $5% $5% Ingersoll A Inglis Inland Gas Int Util Int Util pr Inter P Inv Syn A Jui B wt 250 Jockey C 100 Jockey C pr 225 Jock wis 1100 Kelly wts 500 Labatt new 1080 Lakeland 100 LOnt Cem Laura Sec 220 Laurent A 535 LobCo A n 670 LobCo A w nz20 iobCo B n 825 lob G B pr 50 Loeb M 100 Lon His A 100 MB PR 468 Mass-F 970 Met Stores 900 Mid-West 100 Molson A 32 § Molson pr z15 Mon Foods 500 Moore 2580 S 100 z15 106 185 100 25 175 120 25 325 $15% 15% 255 255 310 310 $17 17 $24 2 $11% 11 570 570 $12 12 $2212 32U $21% 21% 400 400 Y% 4 $49% 47% $14% 14% $12 12 $18% 18% $36 35% $21% 21% "w $28 28 Overland Page-Hers Phantom Pow Cirp QN Gas 00 QN Gas wis 500 Reichold 225 Roe AV C 700 Rothman 175 65 5 $24% 24% $815 8% $58 58% 6 6 170 170 $11% 11% $7% TW $12 12 $TT% 77 800 $15% 15% 100 485 485 800 $10% 10% $25% 25% % Selkirk A Seven Arts Shawin 500 28 450 450 450 4b85 11 Net 11 Net High Low a.m. Ch'ge 8 85 86 +1 3» " 5 BE EL + St Pav 115 16 15% 15% -- 10% -- % tedman na 430 162 Stedma 2 3 Pn 17 p -1 16% 81 +1 158% + 36% H +% +1 ot Stock Sales Shaw A pr 200 Simpsons Stock Bales 2313 1500 19 +% Suptest ord 225 'Tamblyn 225 Thornelf 250 Tor-Dom Bk 215 Tor Star pr 50 200 EF Tr Can PL 5% Trans-Mt 480 FF Bordulae Bralorne Brnswk 900 Camp Chib 200 300 Cassiar Cent Pat Chester Chrom Coch Will Coin Lake C Beta G C Discov 3000 C Halli 60200 C Marcus 2029 Con M § 250 C Mogul 6800 € Morrison 1500 1000 2400 850 2000 4300 Weston B Wstn 434 pr 100 Fer oF 500 +1 m5 ---10 475 285 200 900 500 3600 3000 -1 -1 21% = % 40% HH 6 -- 26 100 25 630 150 z10 260 +4 --1 HH. u 27% 26% 26% 535 525 525 16 16 16 130 129 130 6. 39 Price Br $53% 53% OILS 500 525 0 Con Negus C Northll Conwest Cop Corp Coprand Coulee 1200 Craigmt 100 Deer Horn 1500 Denison Dicknsn Donalda E Amphi Fa 325 15% 255 310 17 2% 11% + W 570 12° + W NU --K wt = Dynamic . Fr Pete pr Home A Home B H B Oil G Jump Pnd Jupiter Mayfair Medal 280 N Davies 9500 Northcal 25 Pac Pete 10 Pamoil 1500 Permo 5500 Place 2750 Prairie Oil 1100 Sarcee 1000 Secur Free 350 South U 4000 100 100 J 100 W Cdn OG 2500 Wsburne 500 Am Leduc +3 Bail 5% pr 8 $24% 8 270 360 150 630 1 60 60 $16% 16% 16% 3 31 975 975 975 420 410 410 7 7 5% 5% 5% 862 62 160 160 5% 5 10% $221% $1014 $14% 16% 1000 300 35 220 975 300 94 115 500 500 200 raday 14% 16% Gunnar 34 -- 47% --14 Gwillim 14% -- % 12 18% 35% + cSell 1' 3+ Hud Bay Int Nickel 2% Trish Cop 8% A 58% 6 170 11% % -- % 12 +% [id 15% a 1214 1216 12% $26% 26% 26% 670 160 160 Sirk A 43 140 140 ; 126 126 110 108 58 58 MINES 1500 660 650 1000 100 99 + +5 " 25 Lamaque 340 i 53 46 147 180 La is Latin Am Leitch LL Lac -15 10% + % 25% + % 655 100 Advocate 3 Agnico 500 180 Stock Lorado 13500 Lorado wis 1500 Madsen 500 Maritime 12600 Maritn 16200 Matatch 1000 Mattgmi 800 Mcintyre McWat Murray m Nama Cr Nealon New Cal New Jason 2100 Newlund 9500 Nick Rim 500 Nor-Acme 1000 Noranda 290 N Coldstrm 1100 Northgate 1222 N Goldert 1500 N R 1000 2900 1000 500 9600 40500 1970 500 200 Q Metal Rayroc m Algom x Athab rit Tormont Ult-Shaw U Asbestos 500 Un Keno 1060 Ventures 340 Vilam 1700 Werner 2000 Willroy 740! Wiltsey 59100 Wr Harg 400 Yk Bear 1600 Zulapa 2500 Curb Bulolo 125 Sales to 11 am.: 215 130 215 92 43 Today's Stock Market Listings on Toronto Exchange Sales High iw a. 203 210 -8 125 130 ~§ 215 215 0 92 43 41% 42% +1% 5% +1 +1 +1 +2% -1 +1% -1 18 18 18 $50% 50% 50% MBB + 63 26 53 236 12 181 68 26 52 181 52 49 51 15% 14% 15 27 525 275 515 826,000. Yvwuweve vere BUSINESS SPOTLIGHT By FORBES RHUDE Canadian Press Business Editor Tax reform is one of Canada's most urgent needs, it is stated in widespread comment from business men and tax experts. It is not so much the amount of taxes that comes under fire as the manner in which they are raised and the damper which, in the opinion of many observers, the present method puts on the economy. Lower taxes would, of course, be welcomed but there doesn't seem to be much optimism that this will be accomplished as long as expenditures are above, or at about the same level, as tax rev- enues. Neither is there much hope that expenditures will be low- ered. Rather, they are expected to increase. There is hope, however, that total revenues from an expand- ing economy will grow faster than expenditures. If this hap- pens, lower rates to the individ- ual should be possible. This is one reason why so much fear is expressed that the government may, under public pressure, em- bark upon new expenditures which would grow as fast, or faster, than revenues, and thus eliminate the possibility of tax reduction, SPEND MORE, TAX MORE Critics of heavy government expenditure see a vicious circle operating. The more government spends the more it must take away in taxes from the economy, thus tending to depress the econ- NET EARNINGS By THE CANADIAN PRESS ai OTTAWA (CP) -- Agriculture] Minister Alvin Hamilton said| | Thursday night he feels encour-|sion of the Common Market as such. Most of the 20 OEECD| aged from Paris discussions that European nations will sup- port Canada's sponsorship of a world food bank. He also said he presented the new line of thinking that the surplus agricultural position at- tributed to North America for the last 10 years will apply as well to Europe in the future. Mr. Hamilton told reporters he suggested that tremendous cut-throat competition will re- sult unless a two-pronged proce- dure is taken involving aid to needy countries and a formula for commodity agreements along the lines of the Interna- tional Wheat Agreement. Mr. Hamilton returned by air tonight from two days of talks by agriculture ministers of the yet within reach of all. 728-6226 390 KING STREET WEST LOCKE'S FLORIST Funeral arrongements and floral requirements for all occasions. OSHAWA SHOPPING CENTRE 24 HOUR PHONE SERVICE 728-6555 GIDEON Bibles are a continuing me- morial. For placement contact funeral | director or phone 723-2327, CARD OF THANKS Organization for European Eco- nomic Co-operation and Devel 'World Food Bank Free Of Strike To Get Support MAY BE INEVITABLE He said there was no discus- countries, which he approached| outside the conference room on Takes On Cargo der, took on her first cargo in weeks port Thursday. of iron ore to take to Hamilton. |by flying a foreign flag. Earlier this week U.S. district Judge W. MARQUETTE, Mich. (AP)-- mas) Ltd. Dock workers respected the at this Lake Superior picket lines and refused to load the lower harbor here. The 730 - foot ship, picketed! The Seafarers' International Un-|day. there and at Duluth, Minn., injion (Ind.) calls the ship a "run- past weeks, loaded 22,400 tons|away," eluding union organizing For the last 315 weeks thelagency Northern Venture has lain off said official both champions, may Dock|some track and field competi- |or unload the Northern Venture. |workers did the loading Thurs-|tions during their stay of sev- eral weeks. HEAD FOR CUBA PRAGUE, Czechoslovakia] {(AP) -- Runner Emil Zatopek The Northern Venture is listed |and his wife, Dana, both former Wallace Kent of|as operated by Island Shipping, |olympic |Grand Rapids issued a tempo-|Ltd., of Toronto under lease route to Cuba, where they will {rary order against picketing of (from Northern Shipping (Baha-|work as instructors, CTK, the The freighter Northern Venture, the Northern Venture by unem- : y |freed of pickets by a court or-|ployed seamen. are en Czechoslovak news said Thursday. CTK take part in C International Invest- ment Trust Ltd. 6 mos. ended Aug. 31: 1961, $84,363, 51 cents a share; 1960, $76,774, 44 cents. Hiram Walker Gooderham and Worts Ltd, year ended Aug. 31: 1961, $26,362,652, $3.05 a share; 1960, $25,050,258, $2.91. Canada' Need Reforming s Taxes omy; and the more the economy is depressed, the more the gov- ernment is called upon to do, and the more taxes it must raise. Critics also believe that growth of the y can be 1 rated, probably without decrease in total revenue, by changing the application of present levies so as to charge less taxes on such things as new or expanding industry, on revenue from ex- ports and on money that goes into savings or investment, A. J. Little, Toronto account- ing executive who is chairman of the Canadian Tax Foundation, commenting on the matter at the recent annual meeting in Halifax of the Canadian Chamber of Commerce, said: "If one were starting from scratch today to design a taxa- tion system for Canada it is in. conceivable that one would pro- duce the exact system we now have. I am convinced we would evolve a system far less repres- sive, and one much more flex- ible which would be used read- 4 to influence economic activ- ty." FAVORS OTHER METHODS In this connection, Canada's system is compared unfavorably with that in European countries, Mr. Little said: "It is not particularly good politics to talk about consump- tion taxes, but some of the European countries whose econ- omic progress we admire most (France, West Germany and Italy for example) raise far less of their requirements through taxes on income and capital and far more through sales, excise and other taxes." He urged a comprehensive en- quiry by government into the en- tire Canadian tax structure at the earliest possible date. The chamber, in its policy dec- larations, stated: "There is need for up to date information about such highly practical matters as the real in- cidence of taxation, its effects on DIVIDENDS By THE CANADIAN PRESS Placer Development Ltd., 20 cents, Dec. 8, record Nov. 17. saving and on incentives, its ef- fects on securities markets, and the influence that tax avoidance considerations may have on busi- ness decisions as well as the competitiveness of Canadian in- dustry." the food bank idea, seemed to believe that such a device had to come. He added he has invited the French agriculture minister to visit Canada as soon as possi- ble to discuss the European Common Market. No details have yet been arranged. Mr, Hamilton was asked to comment on a newspaper story that a five-year wheat agree- ment may soon be signed as a U.K. measure to soothe oppon- ents of its plan to join the Eu- ropean Common Market. Mr. Hamilton said when the time comes he will comment, but he said he hasn't got the agreement yet with the country involved. He refused to say whether it was Britain. | opment in Paris. | | | TORONTO (CP)--Members of Ontario's select committee on municipal law agreed Thursday that the Conservation Act should be amended so munici- palities could collect more taxes on conservation areas. DeCOE -- 1 wish to thank the staff 1 nurses of 3B Oshawa General Hos- Dectors Hall, W. Grant, and Im for their excellent care and during my illness; to my and relatives my sincere thanks lowers, cards and visits, Russ, DeCoe. LEYDEN -- I would like to thank the and friends for the lovely + cards and flowers I have received dur- t neighbors ing my convalescence. ~Pat Leyden. - Speculative Interest Come-Back TORONTO (CP) -- Specula-| Their proposal gained the sup- port of R. Sloan, director of the municipal assessment branch, department of municipal af- fairs, who was explaining some {assessment procedures to the committee in their study of the Municipal Act and related sta- tutes. Alfred Cowling, Progressive Agree To Change Conservation Act Conservative member of the legislature for Toronto High Park, complained that cottagers living on land leased from con- servation a ut h o rities escaped paying taxes because of the wording of the Conservation Act. Under the act, land held by conservation authorities is tax- able, but not the facilities or works thereon. Mr. Sloan said there are sim- ilar problems with land leased on Indian reserves and munic- ipalities are losing valuable tax dollars. WHITBY AND DISTRICT SA Cadets To Visit ve i erest on the Toronto! = Stock Exchange returned in full| t d 1 H force with Canadian Dyno eclip-| 1 d e ere sing almost all other « Thursday. » Canadian Dyno rose 69 cents to $1.44 on a volume of 286,056 shares on rumors of a rich cop- per find. Lake Dufault and Wiltsey- Coughlan, favorites the las + three weeks, traded 205,913 and * 486,700 shares respectively, « and lost 30 and 1% cents. * The industrial market ad- . vanced behind the speculative su and almost all groups ed strong gains. Papers, refining oils and utili- ties were mainly responsible for * the upward swing. Among papers, Bathurst A and B, Abitibi, Price Brothers and Anglo Newfoundland were ahead in the 14 to 1% range in * moderate turnover. Among util ities, Gatineau Power, Great * Lakes Power, International Util- . ities and BC Telephone all rose as much as a point. On index, industrials gained 44 to 600.77, golds .09 to 87.96, base metals © western oils .35 to 97.63, Vol- ume was 5,008,000 shares com- pared with 3,209,000 Thursday. Senior base metals were strong with Noranda, Labrador, Opemiskp, Ventures and Fal- ~ conbridg all ahead in the 14 to 1% rang activity | The streets of Whitby will re- {sound this Saturday to the sound|M {of Gospel music and singing as {a group of 20 Officer Cadets {from the Salvation Army Wil- {liam Booth Memorial Officers' | Training College in Toronto will pay a visit to the town of Whit- |by. This will be the first in a series of visits throughout the winter months. This group will be made up of both men and women cadets {who have completed their first {years of study and are now gaining practical field experi- {ence by visiting towns adjacent {to the Toronto Area. Upon their arrival on Satur- day afternoon the Cadets will hold a number of open-air meet- {ings in various areas of the bus- iness section. In the evening at eight o'clock in the Salvation {Army Citadel on Kent street these young people under the leadership of Brigadier T. {Ellwood and Captain McInnes, 67 to 202.45 and members of the faculty of the|very much evident in our land | Training College, will conduct a Youth Rally to which all young {people are invited. Many of [these young people have left | good positions at the Call of God {to enter full time service in The | Salvation Army not only in this {land but in missionary countries. All Saints Guild Plans Bazaar, Tea All Saints' Anglican Church Afternoon Guild held its month- ly meeting on Tuesday at the home of Mrs. Cassels and Miss Barnes of Gilbert street. The meeting opened with prayer by the president Mrs. R. E. Smith. rs. S. Armstrong gave the Scripture reading. A good at- tendance answered the roll call. A short business meeting was held and plans were finalized for the group's bazaar and tea to be held on Tuesday, Nov. 7, in the new parish hall. The follow- ing ladies will take an active part. The bazaar will be officially opened by Mrs. G. Nicholson, wife of St. John's Anglican {Church rector; tea table, Mrs, {A. Conrad; kitchen, Mrs. C. | Daly; bake table, Mrs. I.. Beck- ley and Mrs. F. McGary; aprons, Mrs. R. Bell and Mrs. V. Maffey; children's wear, Miss L. McIntosh and Mrs. R. Carter. The meeting ¢losed with pray- er by Rev. S. Armstrong. The hostesses served refreshments. {Having a desire to help stem] {the tide of godlessness which is {today these young people are |fired with a God-given deter-| {mination to combat the evils of| sin wherever they are evident. An invitation is extended not only to youth. but also adults who are interested in hearing Be your own best friend... A sportsman with a loaded shotgun or rifle in his hands has got to be his own best friend. He must leave nothing to chance. Never, not for an instant, can he allow anything to endanger the safety of himself or his fellow hunters. Only when the day's shooting is done, only when the gun is empty and back in the rack . . . only then is it time to enjoy the pleasures of social relaxation. For many years The House of Seagram has published messages advocating Moderation in all things, including the use of whisky. At this time, in the interest of safer hunting we say once again: "Drinking and Hunting Do Not Mix". THE HOUSE OF SEAGRAM LTD. these young people.