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THE OSHAWA TIMES, Monday, March 19, 1962 BIRTHS BURTCH -- Kenneth and Barbara * (nee Fogal) are happy to announce the 'birth of their daughter, Wendy Marie, "6 Ibs. 2 oz., Wednesday, March 14, "1962, at Humber Memorial Hospital, "Weston, A sister for Karen. Proud _ grandparents are Mr. and Mrs. Earl Fogal, Brooklin, Ontario, and Mr, and Mrs. Thomas Burtch of Georgetown, Ontario. Mother and baby both doing fine. HUNGERFORD -- To Bill and Shir- ley (nee Howe) another son, Curtis Al- jan, at Oshawa General Hospital, Wed- nesday, March 14, 1962. A_brother for Bill, Martin, Gerald and Philip. LaVALLEE Mr. and Mrs. Colin La Vallee are pleased to announce the arrival of a son, Gary Colin, 7 lbs. 1 0z., on Saturday, March 17, 1962, at the Oshawa Generai Hospital. A brother) for David Anthony. |BA | MILLIGAN -- Frank and Donna Mil-| ligan are very happy to announce the| arrival of their daughter, Heather! Leah, (5 Ibs, 3 ozs.) at Oshawa Gen-| eral Hospital, Sunday, March 18, 1962.) A wee sister for David. ROCKBRUNE -- William and Donna} (nee Eggert) are happy to announce| the birth of a daughter, Donna Tracy,| 7 lbs. on Saturday, March 17, 1962, at) the Oshawa General Hospital. Many) thanks to Dr, Halam-Andres and nurses of the 4th floor, Proud grandparents are Mr, and Mrs. Robert Rockbrune and M nd Mrs. James Eggert, all of * Oshawa. Proud great-grandparents are Mr. Black, Oshawa; Mr. and Mrs. Wil- * lam Eggert of Hespeler, Ontario; also Mr. William Richardson, Oshawa. Mo; ther and baby both doing fine. * SON, Daughter, Twins or Triplets, you * of J * Miss * of ¢ will want to tell the whole town about the latest arrival in your home, An- nouncements are accepted until 9:00 a.m. for publication the same day for only $1.50, Just telephone 723-3492, DEATHS WALES, Charles E. -- At his late residence, 16 Ritson Road South, on Monday, March 19, 1962, Charles E. Wales in his 59th year, beloved hus- band of Florence K. Haswell and dear father of Mrs. Alton Dunk (Margaret), Douglas and gene Wales, loving son Wales and brother of s and Vernon Wales all Mrs. . Taylor (Flor- Mary Jshawa, * ence) of Kingston and Bruce Wales of _ Windsor. The late Mr. Wales is resting at MclIntosh-Anderson Funeral Home, 152 King Street East. Service in the Chapel on Wednesday, March 21, at 2 p.m. Interment Union Cemetery. In lie ieu . Of flowers donations to the Cancer So- ciety would be appreciated by the fam- ily, GIDEON Bibles are a continuing me- morial. For placement contact funeral director or phone 725-2327. GERROW FUNERAL CHAPEL Kindness beyond price yet within reach of all. 728-6226 __390 KING STREET WEST LOCKE'S FLORIST -- Funeral arrangements and floral requirements for all occasions. OSHAWA SHOPPING CENTRE 24 HOUR PHONE SERVICE 728-6555 IN MEMORIAM DURANT -- In loving memory of a dear son and grandson, John Paul Durant, who passed away March 19, 1961 | | We loved him, ah, no tongue can tell How much we loved him and how well; God loved him too, and thought it best To take him home with Him to rest. | * --Sadly missed and lovingly remember- ed by Father, Mother, brother Jim and grandfather. RUTHERFORD -- In memory of loving Dad who passed away March 19, 1944. Those whom we love go out of sight Today's Toronto Stock Market Listings TORONTO 11 A.M. STOCKS By The Canadian Press 11 Net Stook Bales High Low a.m. Ch'ge Toronto Stock Exchang Quotations in cents unless marked $. z--Odd lot, xd--Ex-dividend, xr--Ex- rights, xw--Ex-warrants, Net change is from previous board-lot closing sale. INDUSTRIALS 11 Net Salts High Low s.m. Ch'ge 115 $44 Stick Abitibi Acad-Atl 200 Alta Gas 345, Alta Gas w 400 Alg Cen 150 Algoma 375 Alumini 550 Anthes A 50 Argus Atlas Steel Auto El Bank Mont Bank NS Bell Phone Oil BC Pow Burns Cal Pow Can Cem Can Cem pr Can Malt Can Perm C Safe 4p Cin Brew Cdn Celan C Cel 175 Cc Chem C Chem w C Frbks B C Husky C Husky w C Imp Bk C 00 290 $32% 32 2149 13023 210 400 31 2 85 55 z10 2655 Ye 34% 15% 164+ % % Me 22% 2%--1 3232 29 79 85 4 2 +% --1% 50 300 1235 400 300 100 100 131 $67' 100 210 | 260 260 +10 Ye 67% 67% 9% 9%--% 14% 14% 54% 54--% 32% 32% 2 262 --h% 39s 39 21% 24% 31 31 --% 18% 18%-- %) 410 410 | 8% 84 + 21% 21% --% 19% | 10 10% 9 cIL C Mare Cdn Oil CPR C Tire A |C Vickers 750 C Westng 100 CKP Dev Ltd100 Col Ceil 265 Con Bldg pr 250 Con MS 815 |Con Gas 5 {Copp Clark | Coronation }Crush Int | Dale Dist Seag 'D Bridge 22% 22% |Dom Elect 12 12% + %| D Fndry 65% 6544 -- 4) | Dosco 5 11% 11% Dom Stores 13% 13% m Tar 20% 21 | Du Pont 305% 305 -- %) Emp Life 195% 195% -- % Equit Life 64 64 «+2 =| Fanny F 30 30 + Fleet Mfg 2 92 } Fndtn 13% 13% + %) Ffraser 5M | |Fr Pete pr 7 | Frosst A 1 i 9 330 330 «+5 48 48 2% $15 36% 6% 6% $17% 17% 17% -- 39% 9% % 395 395 395 +8 $59 «59 be 5 49% 49% 17% 31% 5% Ind Accep 825 Inglis 11 Inland Gas 1100 100 505 EEF FS F IMC Int Nickel Int Util 225 Inter PL 95 Inv Syn A 25 Jamaica PS 200 Jockey C xd 250 +|+ 11 #&e 400 395 $51%4 51% 250 100 400 51% A LobCo Aw tf Loeb M 200 MB and PR 1350 Mass-F 3 $13% 13% Mass-F 5% 50 $105% 10544 Met Stores .225 $8% 8% Met Stores p zw5 $22% 22% Mid West 1442 185 180 Molson A 2 $30 30 Mon Foods 100 $13% 13% Moore 105 $57 57 Noranda 140 $59% NO NGas 735 $21 Nor Phone Overland pr Page Hers Pbina Phantom Premium Roe AV C R. Nodwell | 325 z15 2165 150 100 zil 290 100 4| Northid 1h Net Bales High Low a.m. Ch"gt 1000 8% 8 t4+% 900 130 130 3500 27 11 Net High Low a.m. Ch'ge $5% 5% Se+ % 120 120 120 $59 «59 $19% 19 $18% 18 $19% 19 19% Btock Stock Vulcan Wainwr Walk GW 275 lestcoast 275 Westcoast vt 200 Weston A 225 Weston B 100 $21% 21% 21% Wood JA 100 $39% 39% 39%-- % Curb C Paper 575 342% 42% 42% + % 25 $81 81 81 D Glass Lob Inc 100 $11% 11% 11% --% 200 $53% 53% 53% OILS 1100 101 101 --1 630 925 9 925 +5 225 $25% 25% 25% 1300 142 142 142 --3 2000 Sales 200 200 59 19% + % 18% + 500 1000 620 615 620 $14% 14% lit + % 245 245 M5 --3 64 6% 100 100 pS Cia » § 6% 100 u 00 7 7 7 180 176 176 31 31 Asamtrs 101 tig Oh A ail ve ae Chester Chib-Kay Chimo Coch Will Coniagas C Bellek C Callinan C Discov C Halli C Marben C Mosher Cop Corp Cop-Man Coprand Cowich Craigmt Crowpat D'Eldona Dtlhi Pae Denison Dicknsn Dome 23 380 450 3 8 380 380 450 450 -- 405 +5 --2 +5 +10 $4 8655 500 % 4% 4h--h 21600 3% 2 B%+ % 1200 4 «64 64 120 $18% 18% 18% + % 1900 252 250 250 5000 15 1 15 200 330 330 330 5100 385 385 385 500 264 2644 264+ % 200 17 «iW WwW 3 13:00 15 4 4 --1 1090 $15% 14% 15X + % 8500 42 42 42 17 69 515 +1 +1 +10 --% 7 67 110 510 100 405 85 «8S $300 4 1% 10 145 45% 4544 -- % 3940 205 205 205 +8 13% 13% 134-1 19 «619 4 M45. (45 410 410 C High Cr Charter Oil C Mic Mac Dev-Pal Duvex Glacier Gr Plains HBOUG Medal | Mill City Murphy Oil Nat Pete N Cont --% 7. 3 3S at +5 $19% 19% 19% + % 8 8 1% «18 51 $1 12% 12%+ % 375 385 3% 6 +% 4% 4% 8 18 Okalta Pac Pete Pamoil 53 $12% 385 $26 Ne --1% 11 Net Sales High Low a.m. Ch'ge +1 = +1 Btock « +1 14% 5 --$ "4 48 43 13 «#1188 «4118 --2 6% 6h 64+ % 2 12 12 8% 8% 8% 6 8 8 4H 4 $14% 14% 7 7% Nor-Acme Norpax N_ Collstrm se pees +10 |vide weather data covering the + $28% 2% 2%-- % 615 610 615 +15 6 6B 6% 6% 6% 2B Bb B 55° COS CSS 1 pt Neem § Wie F 3 52 + +% 2000 52 52 dent Kennedy wants the United States and Russia to work to- gether soon on such space jobs as weather forecasting and global communications. And he suggests future joint efforts for travel to the moon and pianets. Kennedy proposed a_ wide range of joint space undertak- ings in a March 7 letter to Soviet Premier Khrushchev. In the message made public Satur- day by the White House, Ken- nedy called for U.S.-Soviet co- operation in: 1. Launching weather satel- lites, with each country to shoot a cloud-photographing satellite into an orbit perpendicular to JFK Wants Joint Space Work Soon WASHINGTON (AP) -- Presi- ability to survive in space and return safely.' TARTAR TRAINING TOKYO (AP) -- Seventy Ja- panese - officers plan to go to the United States this year for training in the use of sea-to-air Tartar missiles, the defence de- partment says. The Japanese navy is to be equipped with the missile by 1964. The president suggested rep- resentatives of the two coun- tries to the United Nations outer space committee meeting, starting in New York today, confer privately to work out details. The letter followed up on a Kennedy - Khrushchev ex- change after the Feb. 20 orbital flight by U.S. astronaut John H. Glen Jr. in which the Soviet chief made a broad proposal for space co-operation between the two cold war antagonists. Khrushchev has yet to reply It's Big News isso ieee ce CANNINGS Watch Wednesday's Oshawa Times to the March 7 letter. the other so the two can pro- whole world. 2. Each country operating' radio tracking stations to help track the other's space shots. 3. Each country launching a scientific satellite in comple- mentary orbits to map the When unforeseen events cut into your E Amphi East Mal Falcon Faraday Fratima Francoeur Geco Mns Giant YK GF Mining Gulf Lead Gunnar H of Lakes Hollinger Hud Bay savings, quick cash is the best first aid you can find. Borrow up to $2,500 at your nearest Niagara Loan office, Remember, you will always be wel- come at Niagara. NIAGARA FINANCE COMPANY LIMITED Largest All-Canadian Consumer Loan Company 286 KING STREET WEST, 728-1636 8050 1100 2500 17000 1000 70 66870 202 202 202 6 6 2B 6% 64% 6% 23 2 2 15 (15 lll Ul iM 605 600 605 18% 18% 3 a 1430 995 990 990 --6 Athab 11000 56 55 §5 +1 8% 8h Bh Be ae 185 184 164 425 425 425 520 520 520 a 2 S 156 8 Place Provo Gas Que Chib Que Lab Q Mattgmi Quonto 1333 Sarcee 500 Secur Free 3100 Siuth U 1000 Stanwell Tilal Trans Can Triad Oil U Canso vt Rie earth's magnetic field on space. 4, Experimenting in intercon- tinental communications by means of satellites, a venture in which other countries are already co-operating with the United States, +% $60% 60% 60% -- % e % 60% --M% f om 161 161 161 ---2 NIAGAHA 3 3b 2 9 9 9 --1 $29. 2 29 +% $10% 10% 104+ % 19% 19% 19% 12 12 12 910 910 910 23 22% Roche 3000 Rowan Cons 500 San Ant 100 Sherritt 400 Sigma 200 Silvermaq 1500 Siscoe 800 2 | Starratt 55500 +10 | Steep R 1010 1000 +1 1000 1300 15 ---% "4 + Me +1% pt 3 % 5 156 156 1 1% 705 «(705 | tee | é 3 38 158 18 30 127 52 165 160 --2 --1 +4 PH 710 23 17 $22% 22% $57% 57% | Taurean | Teck-H 200 38 158 500 359 300 500 % y $83% 83%% 8314-- % $13% 13% 13% | $15% 155% 155% $2376 23%4 23% $315 3158 3158 -- % 685 $13% 125% 13% +1% 1100 $13% 13 230 $8544 85% 00 $154 1564 154 + $6644 66% 6644+ % $8% 8R 8% 360 360 360 5 $53% 5344 53% $25% D% 2558 + % $14% 14% M%-- % $37% 37% 37% + $i% 7% The + % Rothman Royal Bank Russell Salada. Fds 6 1 Shawin Simpsons Slat Stl Ind Stedman Steel Can Suptest ord Tor-Dm Bk Towers Towers wts T FinA Tr Can PL Trans Mt Trans PPL Vendomat 85u4E% 350 Bd 5. Pooling efforts and ex- iss (Changing. knowledge in space 47 47 «47 + %\medicine, because of "our com- ist we y,|mon interest in manned space 615 610 615 jflights. and in ensuring man's 39-3838) a 825 825 18% 18% 57% + % 87 87 234 Irish Cop Iron Bay J Waite Jacobus Jacobus Joliet jJonsmith |Kerr Add +1%4|Lab Min |L Dufault --2 |L Osu +1 |L Shore + %|Lamaque | Langis }Latin Am 63 --2 |Leitch 104. +3 =| Lencourt 7% + %4|Lorado Tormont Trin Chib Ult-Shaw [Un "Buttad in Buffai Un Keno + %|Un Fort 1448 «+3 38% +1 730 112 +1 ll +i Un Oils Wayne Wstates |W Decalta }Yan Can 206700 | MINES 3500 31 200 590 1000 72 1300 18 2000 11% 400 112 5000 10 1050 63 200 104 1000 7% Oen Monday to Friday 9 to 5 p.m, Open Saturday 9 to ta Branches Throughout Ontario Got a Cold? Get 2020 700 30000 736 7600 550 500 6600 2500 230 «6230 36% 38 60 «60 60 «660 26 21 925 28 5 +1% --4 10 825 18% +x 26 21 925 29% 31 590 590 71 71 Abacus Advocate Agnico {Amal Rare | Ansil | Area Arjon A Arcadia | Atl C Cop Atlin Ref 23 515 15% 15% 15% 15% 290 19% 19 19%4--1% 1300 146 146 146 20 «510 15% 15% 290 290 380 43 120 158 13% 14 189 189 18 11% 112 10 63 104 ™% 18 1144 12 4000 22 «(21 1111 101 100 8000 19 «19 10 Young HG Sales to 11 a.m.: 1,049,000. BUSINESS SPOTLIGHT By Late By FORBES RHUDE Recovery Seen Trends however, In other circles, Canadian Press Business Editor|there was a lot of speculation|wheat sales to China. He also | The annual report of the Bank|about which way the dollar is|describes the effects as unpre-\ordered 56 diesel electric loco-|couver at a cost of $36,000,000, of Canada and speculation about going. It is noted that Canada's\dictable, perhaps self-defeating|motives, valued at $5,600,000, and RCA Victor Co. Ltd. an- the future of the Canadian dol-/foreign exchange reserves|and dangerous, and as contribut-|from lar featured the week's eco-|dropped by $308,000,000 in theling to the current Zealand ordered 10 locomotives valued at $1,700,000 from the same company. Northern Electric Ltd. will build a $5,500,000 plant near Brampton, Ont. to manufacture sociation in Toronto, repeated|nervousness of the foreign in- his bank's disagreement with|vestor."' any deliberate manipulation of! The Prospectors convention the dollar's value. \noted that Canada's mining pro- While many claim the lower) duction last year for the first value is a boost to exports, Mr, |time Ley sc piace Tle Pd ee ee ! : J iF ; i ; F spite a drop in uranium produc-|electronic telephone equipment. ease renege Bo Begs tion--due mainly to increases|The plant is expected to employ ports. pon imports that is not| 12 crude oil, natural gas and/from 2,500 to 3,000 persons. accounted for by trends "exist-(nickel. The Canadian Pacific and Ca- ing before devaluation or from| The week's business an-nadian National Railways will special situations, such as|nouncements included: build a 3,000-mile microwave Federal Railways of Brazil|link between Montreal and Van- $135 One ORNAAL. capsule brings you 12 hours of continuous relief from stuffy nose, _ Weepy eyes, and sinus pressure. General Motors Diesel}nounces a $12,000,000 contract.in REG. Can. T.M. Off. "extreme|Ltd., London, Ont., and New"connection with the project. nomic discussions. The bank's report was for 1961, but it pointed up late-year trends that indicate a substan- tial base for continued recovery. * up 18,103 units from the corre- Comparing the 1961 recovery with that of 1958 it said increase in consumer expenditures on durable goods, especially auto-| mobiles, is more pronounced in the current expansion. Business spending on plant and equip ment also has picked up sooner this time and there is less de- pendence on housing and inven- tory investment. Current automobile figures back up the bank's comment,| with production this year to date totalling 105,463. vehicles, sponding period last year, de- \first two months of the year,| | presumably as a result of sup-| port given the Canadian cur- rency. to keep it from falling too sharply -- a support that could not be continued indefin- itely. However, psychological fac- tors are assumed to be respon- sible for some of the dollar's weakness, just as they were for some of its strength in the past. It is probably being tested by international speculators, but if the economy continues strong and attracts investment, the period of testing could end ickly. In the meantime there is spec- ulation that monetary authori- ties may encourage Canadian borrowing in other countries, spite a strike at Chrysler jrather chan. frowning on it as MONTEREY_THE | 3 ithey have been doing. The ef |Canada that has lowered that|roct of such borrowing is to }company's production by about} Thorie 3 500 units jereate. demand for Canadian i. wae ek ts jcurrency and to raise its quoted ss e bank had little to say|vaiue. menary or a iit ee ee about the lower. forelgn ex-| . Mechelina Van Hemmen, who passed\ghange value of the Canadian|REPEAT DISAGREEMENT Pps Mee pottorion: 'weak tac cas dollar, beyond urging that it be} D. S. Anderson, Ontario gen- CGeaei to ween for iste are vuln (used to increase production and|eral manager of the Royal Bank Inot frittered away on higher|of Canada, in an address to the She who suffered is at rest, Gone' to Heaven with the blest ? | costs. |Prospectors and Developers As- Maurice | -- But never out of mind, They are cherished in the hearts Of those they leave behind. --Lovingly remembered by Isa, and Anne. Sadly missed by her son, and family. | : x Canadian Bank Union Aid Ur g ed Debits Total For Africa, Asia MONTREAL (CP) -- Debits) against Canadian bank accounts} CHATHAM (CP) -- Canadian | in February totalled $22,901,300,-/trade unions must help the} 000, the Canadian Bankers' As-|working people of Africa and] "Jt works both ways. Japan is sociation reported today. Asia gain a higher standard of|one of our best customers for In February, 1961 debits were living, Charles H. Millard, pro-|wheat. If we don't buy from $22,180,900,000. In January debits;minent Canadian trade union-|them they cannot afford to buy totalled $27,683,100,000, ist, said Sunday. from us." Debits represent money with-| Mr. Millard, former Canadian} drawn from deposit ees A in|director of the United Steel-| chartered banks other than ac-|Workers of America (CLC), was) counts of the Canadian govern-|SPeaking to a weekend educa-| ment, |tional institute sponsored by the Debits as reported for clear. | National Union of. Public Ser- ing-house points in Ontario (in hor Pn orere Lo). millions): Mr. Millard, who spent five Feb, years as director of organiza- 196) tion for the International Con- nt federation of Free Trade Un- "*-? \ions, predicted a common mar- bos ket would be formed embrac- s\', ing Canada, the United States/ning Council of Hamilton, he Poy and Japan. This would helpicaiq there should be special »-° trading bloc now being formed.| nil housing for "the ince *,'» He spoke of Japan as the 4 ¢ "a ur great industrial rival of Canada petent and the amoral to whom 391 and the United States and|S many of you devote so much 961.9 Warned the problem could notiof your time." be solved by refusing to buy Japanese goods. Problem Families' Housing Requested HAMILTON (CP) -- Special housing projects for problem families was urged Saturday by Anthony Adamson, associate] / |professor of town planning at the University of Toronto. Speaking to the Social Paln- Feb. 1962 66.0 49.1 35.3 32.8 34.8 462.5 41.6 105.4 300.7 38.0 264.7 474.1 41.1 27.1 84.0 53.1 54.8 53.5 fl ' 16.2 170 143 8,322.7 10,422.7 7,889.9) MARKET PRICES TORONTO (CP) -- Churning cream and butter print prices were reported unchanged today. The egg market was steady with offerings adequate for-a light demand. Country dealers are quoted by the federal. department of agri- culture on Canada grade eggs, delivered Toronto, in fibre * cases: A large 39; A medium 338; A small 35; B and C grades + no market. Butter prices: Canada first grade: Ontario tenderable 63-64; non-tenderable 62-6214, in light trading: Western 6244 (nominal). Jan. 1962 61.6 59.8 35.8 40.2 42.9 533.5 48.0 127.1 335.4 47.3 278.3 572.7 49.6 31.1 83.6 64.6 76.1 Brantford Chatham Cornwall Ft. William Guelph Hamilton Kingston Kitchener London Niag. Falls Oshawa Ottawa Peterbor Pt. Arthur St. Cath. Sarnia S. S. Marie Sudbury Timmins Toronto Mercury Monterey Custom 4-door sedan... one of Ford of Canada's fine cars, dullt in Canada, Try not to think about how nice it looKs! twortse easy, but be practical. This new Mercury Monterey has all but done away with the inconvenience of monthly chassis lubrications, oil changes, brake adjustments and seasonal radiator changes. Monterey's a big car for the man who wants stretch out room and power to spare. On long trips miles turn to minutes, while a new Big Six engine whittles regular gas costs. (And for even greater performance, there are three V-8's as well: the 220 hp. that runs on regular gas, and the high powered 300 hp. and405 hp. Marauder engines.) In Monterey's two series you can choose from hardtops, sedans, wagons and a sporty convertible. Sound good? It should for the new Mercury Monterey is good for you--if you want and need practical motoring at the lowest Mercury prices in years. Read the small print with the big story. 30,000 mile chassis lubrication « 30,000 mile anti-freeze engine coolant + 6,000 mile oil change cycle « double wrapped aluminized muffler ¢ automatic self-adjusting brakes ¢ super enamel finish + choice of Big Six or 3 V-8 engines « sedans, hardtops, wagons and convertible « Dealer warranted for 12,000 miles or one full year, whichever comes first Some items illustrated or mentioned are optional at extra cost. To get all the facts, ask your Mercury dealer for your free "Comparison Guide" BRAMLEY MOTOR SALES LTD. 1271 SIMCOE STREET NORTH f PHONE 723-4675 Linked with Canadian growth and progress SIZE UP ALL THREE AT YOUR MERCURY DEALER CANAD compantieé N OIL trvymitenso WHITE ROSE GASOLINES * MOTOR OILS