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TERESA IN HALIFAX pipes held by Halifax piper Ernest McAuley. Miss Stra- tas was welcomed in Halifax Wednesday while enroute to Tatamagouche, N.S., for per- | formances at the Nova Sco- | tia Festival of the Arts. | (CP Wirephoto) 'Stock Market Stages Rally TORONTO (CP)--Buoyed by a sharply higher banks group, the stock market staged an im-| pressive 'rally during moderate trading Thursday Former Oshawa girl Teresa Stratas, 23-year-old star of the Metropolitan Opera, seems in- terested in the polished bag- BUSINESS SPOTLIGHT Oil Co. Control Still In Canada By FORBES RHUDE ,Canadian oil company remain) In the banks, Montreal, Tor-| Canadian Press Business Editor|Canadian owned." onto-Dominion and Royal all TORONTO (CP)--If you have} Along with sentiment, Mr.|gained one point, Bank of Nova | to bet, the odds appear to be/Rea has advanced practical|/Scotia 15g and Canadian Im- that Canadian Oil Companiesireasons. One is that there is|/perial Bank of Commerce 1%. Ltd. will remain majority Ca-lvakie in having one major Ca-/ Algoma Steel was up 15g and nadian - owned for the foresee-|nadian spokesman who, when/Gatineau Power 1%. able future. occasion arises, can speak out; Canadian Oil survived a It wouldn't be a sure bet by|without regard for what inter-|sharp morning slump to close any means. Shell oil interests,/national oil feeling may be. fractionally lower. The stock whose $114,000,000 offer for the) Canadian Oil, whose brand company was rejected, could/name is 'White Rose," only upset it by making a bid that) relatively recently started to shareholders might feel they|nush its Canadian ownership in could not turn down: Some|,n advertising way. Now, it is other company might do the / understood, even some of the| same, though this seems less!foraion companies interested in| likely. jit feel that the Canadian-owned) The situation may well end/angle has a market value worth) up with Canadian Oil extending) preserving, and are not seeking its Canadian interests in a deal| control. that would reduce its present} ma 93 - per . cent Canadian owner-| PARALLEL DRAWN ship, but which would leave| Parallels are being drawn be- majority control in Canada. {tween Canadian Oil and British) It may look like a clash of|qucroan Oil Co. Léd., formerly! i ionalism versus) Fae oll poe isn't. Nei-|; In 1956 British American) ther is it a criticism of foreign| bought Canadian Guif Company| rid cond eager tv gp ght. re|United States and paid for the pose as good corporate citi [purchase with shares in itself. sie ol Colin aml ain have| However, Gulf of the United been chiefty res ible for the | States had bought up 25 per} development i Camas oi}|Cemt Of British American shares) pace land these, plus the considera- jtions given it for Oanadian ISSUE EXPRESSED |Gulf, gave it majority control dropped following Wednesday night's announcement that Ca- nadian Oil directors had re jected a takeover bid from Shell Oil Company of Canada. It closed at 35%4, down 4. On index, industrials rose 4.59) to 548.19, base metals 1.88 to 187.53 and western oils 1.50 to 105.23. Golds dipped .10 to 97.03. Volume was 2,856,000 shares compared with Wednesday's 3,480,000. Falconbridge paced base metals with a gain of 1% to 51. International Nickel gained 5. In the speculative market, Newnorth. continued trading heavily, turning over almost 500,000 shares and dipping five cents to 28 cents. Harrison Min- erals churned through 515,000 shares, gaining 314 cents to 1444 cents: Silver's Price The issue, rather, appears to|0f British American. be embodies in Canadian Oil) Companies' philosophy as ex-jis one that Canadian Oil is en- pressed by its president, W.|gaged in conversations with Pa- Now, among current reports, Pushed Higher Harold Rea. In brief, this is:|cific Petroleums Ltd. major) NEW YORK (AP)--The scar- It is well that one major|Western Canadian company|city of. supplies continues to Active Trading On Cattle At Stockyards | TORONTO (CP) -- Trading| was active, and demand good' on all classse and grades of! slaughter cattle with receipts generally of lower quality at the Ontario Public Stockyards) this week. | Veal calf and sheep and lamb) prices were steady. Hog prices were lower. Cattle receipts were some 500 head fewer than Isst week, and 1,300 more than the same week in 1961. Receipts from Western} Canada were lower at 147. head.| Slaughter cattle: Choice steers) 28-29 with a few sales to 30.30; 27-28; medium 24.26.50; | common 19-23; good heifers 24- 25; choice 25-26.50 with sales to 28; medium 21.50-23.50; com- mon 17-21; choice fed yearlings! 26-28, odd top of 30; good 24.50-) good cows 18-19; with sales to 19.50; mediums 16.50-17.50; com- mons, canners and cutters 12.50-| 16; good heavy bologna bulls) 1920, with sales to 20.50; com- mon and medium 15-18.50. | Replacement cattle: Good: light stockers 25-27, with sales! to 28; stock calves 28-30; com-| mon and medium 21-24. Calves: Choice vealers 30-32) with an odd top as high as 33;| good 27-29; medium 23-26; com-| mon 19-22; boners 15-19 Hogs: Grade A 31 - 33.90: heavy sows 22.75-23.60, with light sows gaining a $2 pre- mium; stags 17.50 on a dressed weight basis. Sheep and Lambs: Good han- dyweight lambs 21 a hundred weight; bucks 20;. good heavies 19; common and mediums 17 19; good light sheep 8-10; com mon sheep 3. i f owned by Phillips Petroleum|ing Company of the United States-|quoted a price of $1.07, a full jheaded by Frank M. McMahon, | push up the price of silver. which is about 45 - per - cent] Handy and Harman, a lead- silver dealer, Thursday Such hegotiations could result|cent higher than Wednesday's in something like the British|Price and two cents higher for difference, however, is that] i, the highest since 1920, when Oil, a5 Gulf did in the case of|Price dropped to 59% cents by Phillips as Canadian Gulffrom U.S. treasury stocks late other situation, Canadian Oil! enlarged Canadian operation,) By THE CANADIAN PRESS main Canadian controlled. jcent pfd. $1.50, Sept. 28, record | Breweries Lid., | |A. Class B 87% cents, Oct. 1, TORONTO (CP)--G, M. Min-|ord March 8. Falls Power and Paper Co. Ltd.,|Pfd. $1.25, 4 per cent pfd. $1, Frederick S. Seaborne who has/Ldt., 25 cents, Oct. 1, record tawa, is a graduate of Queen's|Mines Ltd., 15 cents, Sept. 28, He is a former councillor of the! tion and has served as chair-|INCLUDES BOLDFACE a councillor of the University.| Sherritt Gordon Mines Ltd., 1959.. He joined Kimberly-Clark/$915,000, 8.1 cents; six mos Spragge, Ont. 900, 14.2 cents. Ord. 2.95--SAVE 40% SPECIAL, BOTH FOR With 'Fashion Stick", Ordinarily 1.75. New lipstick and liner in one -- it out- lines lips and fills in creamy colour. Longe er, slimmer than regular size lipsticks. Without extra charge: "Coverfluid', Ordinarily 1.20. A French matte make-up now made in Canada, Foundation and powder in one. Provides smooth, even coverage. About 6-oz. size. Helena, Rubinstein Ord. 1.99--SAVE 24% SPECIAL, 1 50 wre s BOTH FOR With "Coverinse", Ordinarily 1.50. Size 1- oz. Covers mixed grey to your natural hair colour. "Blonde Again' (Medium), "Brown Again' (light), 'Brunette Again' (dark). Without extra charge: "Silk Sheen Cream Shampoo. Ordinarily -49. Conditioning, creamy-rich shampoo for silky softness, 1 4/5-oz, size. Creamessenve Greaseless farmilé Rich Night Crease Clena Rubinstein Ord. 3.70--SAVE 32% SPECIAL, 2 50 nna ne Lb BOTH FOR With "Creamessence'"', Ordinarily 2.50. Greaseless night cream. A light touch and it is absorbed into the skin. Should not leave a trace on pillow. 2-oz Without Extra Charge: "Covertluid", Ordinarily 1.20. French matte make-up in a tube. Wear with or without powder for even coverage. 9.6-0z, size, EATON'S MALL LEVEL, DEPT. 212 SAVE 20.00 TO 40.00! 6 PRICE GROUPS IN COATS ORDINARILY 69.95 to 189.00! / EATON August Sale, each \\ 49.95 to 149.00 : . Saturday's Coat Feature: ~ LUXURY FUR-TRIMMED COATS ORDINARILY 189.00! Ord. 3.70--SAVE 32% SPECIAL, BOTH FOR With "Mascara Matic", Ordinarily 2.50. Curls ond colours your lashes without a brush. "Waterproof", shouldn't smudge. Eight shades. Without extra charge: "Coverfluid', Ordinarily 1.20. French matte make-up in 0.6-0z. tube. Provides smooth, even coverage without shine, _ RUBINSTEIN' TS CE-A-YEAR Hie dee | BEAUTY SALE! Manufacturer's Special Offer! Buy one -~ Without Extra Charge! Ord. 3.87--SAVE 48% SPECIAL, BOTH FOR With: "Nudit with Super Finish", Ordinorily 2.00. l-oz. size. Cream depilatory to remove un hair from face quickly and pleasantly. Sup: ish creams, smooths, softens. Without extra charge: "Skin Dew", Ordinarily 1.87. An invisible mois turizer. Wear under make-up or at any helps protect against dryness, 1-oz. size alpaca 2 PRICE GROUPS IN SUITS ORDINARILY 89.95 and 115.00! EATON August Sale, each 69.95 and 89.95 Lavish notched, tailored and cape-like collars of Natural Grey Persian Lamb, Black (dyed) Persian Lamb, natural Canadian Beaver and two-skin Sapphire, Black Diamond, Pastel, Ranch and Cerulean Mink. Fabrics include wool faille, fleecy Blin-and-Blin, wool-and- Misses', Women's and Petite Half-sizes. EATON August Sale, each EATON'S UPPER LEVEL, DEPT. 244/644 . many matching cuffs and 'Auckie Sanft' stylings in the group. Junior Misses', PHONE 725-7373 Deep Cleanser New Liquid Cream with Exclusive Penelrel Or. 3.62--SAVE 51% SPECIAL, BOTH FOR ... With "Deep Cleanser", Ordinarily 1.75. Exclu sive liquid cream cleanser with 'Penetrel'. Creams your skin deep down. Floats away soil and makee up. 6-0z. plastic bottle. Ord. 3.87---SAVE 48% SPECIAL, 2.00 BOTH FOR With "Coverfluid", Ordinarily 2.00. French motte make-up in a |-oz. tube, Foundation and powder in one. Smooth coverage without shine Without extra charge: "Skin Dew", Ordinarily 1.87. An invisible mois- turizer. Weor under make-up or at any time for a fresh dewy look and to protect skin ogainst dryness. l-oz. size. Without extra chorge: "Skin Dew", Ordinarily 1.87. Invisible, greaseless moisturizer, Wear under make-up at any time to protect against dryness, 1-oz. size. Ord. 2.37--SAVE 25% SPECIAL, BOTH FOR With "Crowning Colour" Cream Hair Tint, Or- dinarily 1.75. 2-oz. size. Ligntens, darkens or matches with natural-looking colour. Covers grey completely. Without extra charge: "Special Cream Peroxide", Ordinarily .62. Con- tains rich conditioning creams for double lustre and softness. 2-oz. size. Get a Beauty Bonus Ord. 2.25--SAVE 44% SPECIAL BOTH FOR With "Bio-Clear" Medi ° iN 1.25. 34-0z. size. Helps to clear up acne pimples quickly. Skin tinted SPECIAL, BOTH FOR With 'Color Lift" Hair Rinse, Ordinarily wanted 1.75. 2-oz. size, Lasts through five sham- er Fine poos, Helps give natural-looking colour highlights; should not rub off. Without extra charge: "Water Lily Pore Lotion", Ordinarily. 1.00. Medi- cated to help refine the pores, banish excess oil. l-oz. size. a PHONE 725-7373 Without extra charge: "Silk Sheen Cream Shampoo", Ordinarily time; -49. Creamy-rich shampoo for silky soft ness. | 4/5-oz. size. Store Hours: 9.30 a.m. to.6.p.m. Monday'to Saturday. Open Friday Nights until 9 the week. Phillips does not already own)$1.37 an ounce was reached British American; nor is Pa-| Contributing to the scarcity was by Gulf. 'last year. might .extend its Canadian in-| through share exchange or, Brazilian Traction Light and : |Sept. 14. p Fi jcommon 9 cents, pfd. 55 cents, aper rirm lOct. 1, record Aug. 31. Names Chief jrecord Sept. 7, Class A, Class ard, vice-president, Kimberly-, Canadian Oil Company Ltd., has been appointed president of|Oct. 2, record Sept. 4. retired jAug. 31, University. He joined Spruce|Tecord Aug. 31 technical section of the Cana- man of the engineering advisory| Undated net earnings Mr, Seaborne has been presi-|three mos. ended June 30: 1962, n 1923 at its Niagara Falls,jended June 30: 1962; $1,609,000 } f American . Gulf situation. The! erik ribs OL the: chelak. ting any sizeable piece of Canadian| Jan. 12. That same year the cific Petroleum wholly owned | has been the cessation of sales Accordingly in this or some terests, or become part of an| DIVIDENDS share payment, and still re|Power Company Ltd., 6 per |. Canadian Canada Packers Ltd., Class {B 87% cents, April 1, 1963, rec-) Clark Canada Ltd. and Spruce|8 per cent pfd. $2, 5 per cent those companies, succeeding) Greyhound Lines of Canada Mr. Minard, a native of Ot-|..Hollinger Consolidated Gold Falls Power and Paper in 1928. dian Pulp and Paper Associa- NET EARNINGS council of Queen's. He is also| By THE CANADIAN PRESS dent of the companies since|$634,000, 5.6 cents a-share; 1961 N.Y., plant. He-is a native of/14.2 cents a share; 1961, $1,606, < Z + ¥