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f, a . pakican Seg gt ae DO een ncn SS eR a ae ah a a ee ee Re : 2a Vienne eg Pa Oy MRA NR AE ETAT ABT IES LIS Ie oe a ay BUSINESS SPOTLIGHT By FORBES RHUDE Canadian Press Business Editor Canadians travelled an esti- mated 45,000,000;000 miles in their motor vehicles in 1941, says the 1962 edition of "Facts and Figures of the Automotive Industry," published by the Ca- Auto Travelling Facts Revealed tion, to 'company's annual meet- ing in New York: "We need to dispel the most harmful of all myths that have been handed down from the past -- the myth which holds that conflict must exist be- fween economic groups under PO BRE MMR ITE LV ER SIC OSG Rt NET EARNINGS | By THE CANADIAN PRESS . Canadian Celanese Ltd., com- mon 30 cents, $1 series pfd. 25 cents, $1.75 series pfd. 43% cents, payable Sept. 30, record Aug. 24. Canada Wire and Cable Com- pany Ltd., Class A, common $1, Class B, common 15 cents,.pay- able Sept. 14, record Aug. 31. | TORONTO (CP)--The Feder- Exquisite Form Brassieres ation of Women Teachers' As- (Canada) Ltd., 6 per cent pfd.|sociations of Ontario has taken Series A 15 cents, payable Oct.|its first step to ease the prob- 1, record Sept. 7. 'lems of rural teachers. Russel (Hugh) and Sons Ltd.,, Rural teachers need help in 2 $ it, ae EXHIB onto get a preview of depart- ment of lands and forests ex- hibit at the Canadian National Bambi, the fawn, sneaks a nibble from a sandwich as handicapped children in Tor- ITION PREVIEW ~(CP Wirephoto) | Shares In Chromium Returned To Market TORONTO (CP) -- Shares of, Mr. Graham added that] out prior communication of any| Stock Market nadian Automobile Chamber of|capitalism. This belief is Commerce. |founded on another century's In this astronomical travel|concept of capitalism. It utterly the motorists consumed an esti-|ignores that what we have to- mated 3,140,000,000 gallons of|day is what has been. aptly cal- gasoline and 143,000,000 gallons) led a People's Capitalism. Ours of diesel oil. is a system under which the Dollar sales were $1,551,408,-|savings of millions of men and 000, down 1.5 per cent from|women in all walks of life pro- |1960, Payrolls of motor-vehicle| vide the capital for investment | manufacturers reached a record/in the yarious industries and $174,207,055. compared with! businesses of America." |§149°748.166 in 1960, | The wide array of other 1961) Pfizer Canada, Montreal jinformation given in the 44-| pharmaceutical and chemi- {page booklet, mostly in the) cal company, announces form of statistical tables, in-| tnat after test marketing, jcludes the following, with 1960), it is entering the dietary comparatives in brackets: | food market on a national Vehicles registered 5,505,547! basis wih its product "Lim- (5,254,633). Passenger cars in) mits," described as a two- use 4,302,770 (4,093,260). Sales} biscult meal replacement. of North American-type cars Dr. William A. Bullen, 336,122 (321,804). Sales of over-' president, in making the an- seas-manufactured cars 101,197| nouncement, said Canadians (125,967). Imports of cars 106.-/ are carrying around more 1865 (170,653). Factory. shipments) than 20,000,000 in sur plus lof Canadian-made cars to Ca-| fat. nadian market 307,499 (316,920). Exports of Canadian-made cars 19,495 (17,184) | Hunter Publishing Co, Ltd, announces establish- ment of a Construction and |Public Works Show, to be held jin Toronto May 4-7, 1964. | This is the sixth trade show under Maclean-Hunter opera- t bree' of which have been the last five Maclean Frigidaire Products of | -Canada Ltd, announces en- | try into the export market with receipt of 'a sizeable order' for Deluxe Aute- matic Dishwashers from Australia. They will be ship- | ped from the company's | Searborough plant in Metro- | politan Toronto. | | announced in jmonths. \--------__--__---- | Quotation from address by} Charles G. Mortimer, chair. man, General Foods Corpora- Class A, 15 cents, pyable Sept. 15, record Aug. 23. Trans Prairie Pipelines Ltd., common 5 cents, payable Sept. 14, record Aug. 31. DIVIDENDS | TORONTO (CP)--The stock market sagged Thursday for the first time in recent sessions, Banks spearheaded the de- cline as. royal fell a_ point, Montreal %4, Toronto-Dominion % and Canadian Imperial Bank of Commerce 4%. However, sev- eral good gains were registered. Russell Industries climbed 114 to 16144, Levy Industries rose 7% and Distillers Seagrams, Con-| solidated Paper and Alberta} Gas all 4%, On index, industriais. dropped 1.88 to 560.08 and western oils 13 to 106.39. Golds rose .21 to 94.44 and base metals 12 to} 18974 Volume was 2,652,000 shares compared with Wednes- day's 3,330,000. | dealing with exceptional or han- dicapped children and also are faced with book shortages, said Dorothy Martin of Toronto, fed- eration executive secretary. Delegates to the federation's annual meeting agreed Thurs- day to organize into pairs of one rural and one urban teacher for exchange of letters, ideas, books and possibly visits during the coming school year, My iaeaie YDd Ee Dae pene t y THE OSHAWA TIMES, Friday, August 17, 1962 ]3 Steps Taken To Ease Rural School Problem 15 pupils, $45 for books for the|"Many board members have no year is "a drop in the bucket,"}children and don't care about a said Miss Martin. teacher's qualifications and Mrs. Paisley commented on|many board members donot the effect of standards of certi-|/have more than a Grade 8 edy- fication and salary schedules/cation. If standards are to be for public school teachers on|met they will probably just hire rural school boards. high school teachers." : "Some boards will be affected) The federation's two - day but some won't,"" she said.'meeting ended Thursday. Stamps Clobber -- Vancouver Lions - Last year's survey of the problems of federation rural) membership showed 32.6 per cent of rural teachers were un-| able to give adequate assistance to the physically handicapped or emotionally disturbed child. | Under the new exchange pro-| gram rural teachers will be able to help-urban teachers by sending them teaching aids such as leaves, insects and pictures of farm life, while urban teach-| ers will send rural teachers) readers, textbooks and library, books. | WILL BE WELCOMED During the discussion, Mrs.| | VANCOUVER (CP) -- Cal-|ning the ball from midfield to gary Stampeders have takenjthe Lions' 10-yard line to set jthe bloom off British Columbia|up Keeling's six - yard touch Lions' budding victory rose. |down plunge that put Calgary The Stamps broke through for|@head to stay. - three last - quarter touchdowns} A few minutes earlier, a fum- Thursday night to whip thejble by rookie Henry Huth on Lions 35-20 in a Western Foot-ja B.C. punt had put the Lions ball Conference game before|ahead 17-14 and a bobble by end 30,135 fans. | Phil Lohmann had ended a Cab A fourth-quarter pass. inter-/S@Y drive at the B.C. 35-yard ception that wiped out two) line. These followed on the heels Stampeder fumbles, an 86-yard) of a clipping penalty that wiped scoring play started by quarter-|OUt a 46-yard touchdown run by back Jerry Keeling and finished | Buchanan. by halfback Ed Buchanan and| The result left the Lions witb a 64-yard run by fullback Earlja 1-1 won-lost record for the 3 ' 4 Among base metals, Falcon-|Catharine Paisley of Sandfield,|Lunsford that led to a. touch-| season. bridge advanced % and Consoli-| dated Mining and Smelting 1%,|books would be well received by) tory. while Hudson Bay Mining and) Manitoulin Island, said the the rural schools, | down gave the Stampeders vic-| Late-game bobbles robbed |Calgary of possible triumph last Rookie Walt Weaver, from|Monday against Winnipeg Blue Noranda each dropped %4.| At present, schools all recelve| Adams College by way of Chi-|Bombers, but they got their Northgate fared worst in the|a department grant of $3 a pu-jcago Bears of the United States/first victory in three starts by speculative market, sinking 35)pil for text books, but if a small) National Football League, made)» 'one-room rural school has onlyithe important interception, run-|night. cents to $6. #vercoming the errors Thursday : Why swelter through summer with heavy beer? Chromium Mining and Smelting|neither Chromium, nor its par-| kind and without ascertainment Corporation Ltd., suspended|ent company nor any of their) from trading on the Toronto| respective officers or directors | Stock Exchange along with|had, so far as he knew, "'any| Wednesday, have been restored/or San Antonio."' to the trading list. | meee | : |M! M The other companies, skp| MAKE NO CRITICISM Manufacturing Co. Ltd, and San|4q no reason to blame or cri-| ; | payee on Lid., t€-\ticize Chromium Mining andj Smelting nor the actions of the Howard Graham, president of| individual referred to above and| the exchange, said Thursday) the suspension had that shares of Chromium were! solely from circumstances be- suspended because they had|vond the control of the company| been heavily dealt in by. an) officers and directors." | individual who was involved in| wr. Graham said that in sus-! In 1958 its smelter at S "The Toronto Stock Exchange| marie was closed permanently|°87 and production facilities moved to Beauharnois, Que The stock, which had dropped| April 30: resulted|in price after announcement of| 55? the suspension to $1.70 a share}. International |from $4.60, closed Thursday at|pany; 3 mos, ended June 30:| $2.45 on fairly heavy turnover. | 1962, SKD Manufacturing, Jocated|S hare; of the facts is most arbitrary] Sag Thursday | and unjustified." : ; Ww, af Chromium, with head office at} those of two other companies) business relationship with SKD/§ault Ste. Marie, Ont., produces| ichromium and ferro-alloys for) _ | | use by iron and steel industries. Company, six mos. ended June} ault Ste, | 30: 1962, $1,327,803; 1960, $1,097,-) By THE CANADIAN PRESS Anglo = Canadian Telephone; Dominion and Anglo Invest-| ment Corporation, year ended) 1962, $283,096; $306,-) Paper Com- $17,533,494, 41 cents a} 1961, $20,698,469, 49) large volume - trading in the| pending the three companies|at Amherstburg, Ont., produces|cents; 6 mos ended June 30:) shares of SKD Manufacturing|from trading, there was no re-|metal stampings and assemblies| 1962, $34,005,229, 80 flection on the operations of the/for cars, trucks, farm equip-|S hare; Iment and steel folding doors.| cents. and San Antonio. "There was a danger,"' he}companies concerned. said, "that these holdings would| N. A. Timmins, president of; San Antonio, with head office at) cents a) 1961, $36,540,735, 87/ Mailman Corporation Ltd., | be put on the market in such|Chromium, said in a telegram|Bissett, Man., owns a gold pro-| year ended April 30: 1962, $212,- volume as to create unstable|to the Exchange Wednesday|ducing property in that prov-|327, 60 cents a night that the suspension "'with-'ince's Rice Lake area market conditions." share; 1961,| $411,567, $1.35 a share NLY... © One N.H.A. Morigage 511,999.00 SEE OUR ODEL HOME | THIS WEEKEND! © Completely Furnished and Decorated * Monthly payments as low as 65.78 BUILT BY A. R. JEFFERY CONST. LTD. Taking Orders This Weekend With Only 95.00 Deposit Exclusive Agent LLOYD METCALF REAL ESTATE LID. DIRECTIONS: Drive south on Wilson Rd. to Shakespeare Ave. (Gertrude Colpus School) turn left one block to MODEL HOME BREW as. other beers. He Holiday is extra light in flavour and body. And the pleasure content is as high se Heavy beer is fine in winter. 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