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16 THE OSHAWA TIMES, Wednesday, June 5, 1963 IN THE RUNNING Gov. Nelson A. Rockefeller rejects view of some that re- marriage slows chances of win- No Recovery From Slump On Market TORONTO (CP)--Indications of recovery from a morning slump did not materialize as in- distrials dropped more than a point in extremely light trading on the stock market Tuesday. All other index sections were lower as well, base metals drop- ping nearly 14 points and golds and western oils dipping nar- rowly. Losses were scattered through all main-list groups. Interpro- vincial Pipe Line and Canadian} Tire, both down a point, led the) decline, Shell Oil slipped %, Algoma Steel and Canadian Utilities each dropped % and Dominion Foundries asd Steel dipped %. Declines of % went to Great Lakes Power, Moore Corpora- tion and Texaco Canada. On index, industrials fell 1.48 to 647.23, golds dipped .38 to 86.70, base metals dropped 1.47 to 213.82 and western oils slipped .47 to 123.44. Final vol- ume was 2,207,000 shares com- pared with 2,472,000 Monday. Base metals remained weaker through most of the session. At the close, Noranda was off %, Hudson Bay Mining was down % and Falconbridge and Deni- son were each off %. Western olls were mixed to lower. Drury Opens Alcan Plant KINGSTON (CP)--The Alu- minum Company of Canada's $12,000,000 plant for producing aluminum sheet, part of Alcan's three-plant Kingston complex, was Officially opened Tuesday by Charles M. Drury, minister of defence production. In a brief ceremony attended) by about 450 businessmen, Mr. Drury pressed a button starting the plant's mill, the largest cold rolling mill in Canada. ' Mr. Drury said the plant was synonymous with the progress". we seek for our country today." The plant can produce about 25,000 tons of sheet aluminum annually, cials said production could be increased to about 200,000 tons with the addition of a hot rolling mill and increased cold rolling facilities. Alcan now employs about 2,- 200 people at the three plants here, with 50 in the new plant. DIVIDENDS Brazilian Traction Light and Power Co. Ltd., six per cent = $1.50, June 28, record June The Consumer's Gas Co. Ltd., subdivided common eight cents, He ag cent pfd. Series A $1.3714, 5% per cent pfd. Series " $1. 37%, July 2, record June 'aon Dairies Lid., com- mon 10 cents, pfd. 44 cents, July 15, record June 28; pfd. 44 cents, Oct. 15, record Sept. 27; pfd. 43 cents, Jan. 15, 1964, rec- ord Dec. 27. Hudson Bay Mining and Smelting Co. Lid., 75 cents, Sept. 9, record Aug. 9. Somerville Industries Ltd., pfd. 70 cents, July 1, record June 15. Toronto fron Works Léd., Class A 15 cents, July 2, rec- ord June 17. ning GOP nomination for Pres- ident, ences. He held news confer- Competing For Foreign By FORBES RHUDE Canadian Press Business Editor TORONTO (CP) -- Canadian companies should avoid exces- sive competition with one an- other in seeking foreign indus- trial projects, H. B. Style, presi- dent of John Inglis Co. Ltd., said Tuesday at the annual meeting of the Canadian Manu- factarers' Association. "Competition for this kind of business,"' Mr.' Style stated, 'is international and there are enough potential foreign proj- ects to keep us all in Canada busy if we bring them to frui- tion. "It would, therefore, be a pity if Canadian industry and Canadian consulting engineers waste time, effort and money in competing among themselves for the same project in an al- i highly competitive mar- ket. "This calls for some degree of understanding between Cana- dian manufacturers, consulting engineers and the Export Cred- its Insurance Corporation as to the projects each Canadian group is pursuing to avoid un- necessary duplication and wasted effort.' In reply to a question, Mr. Styles said he would get to- gether with competitors for pur- poses of export, without fear of combines legislation, which, so far as he knows, makes no pro- hibition against that kind of co- operation. Mr. Styles own firm, based in Toronto and a_ subsidiary of English Electric Company of England, has booked export or- ders of about $27,500,000 in the last three years, much of it in heavy electrical and mechanical equipment, The two-day program of the) manufacturers' annual meeting ended Tuesday night. ELECTED PRESIDENT Earlier, H. Roy Crabtree of Montreal was elected presideit for the coming year; A. A. Cumming, Toronto, first vice- president; and Mr. Style second vice-president, Rail, truck and shipping in- dustries were heard from in a transportation session. A. H, Hart, vice-president, Canadian Na tional Railways, outlining new developments in rail services, commented: "We now will move an auto- mobile and a group of up to six persons from Montreal or Tor- onto to Winnipeg or Edmonton or Vancouver, and_ return, through a very reasonable pack- age deal that includes sleeping accommodation, meals and tips for 'each of the passengers. We expect great things from this and other innovations now in operation or being developed." John Magee, executive secre- tary, Canadian Trucking Asso-| Industry Jobs Rapped ciations, said 'the time is long overdue. for Parliament to be- stir itself on its discrimination in regard to highway transport. "If Parliament wiped out all freight subsidies, that would be the end of the problem, so far as we are concerned." F. D. McCaffrey, Montreal shipping executive, reviewing changes in sea transportation, commented: "We have seen only the be- Fort Henry Drill Squad Leaves For Tournament KINGSTON (CP) -- Thirty-six young men, steeped in the tra- dition and history of the British Army of 100 years ago, step into a jet aircraft today at Trenton for their journey to the Royal Tournament land, The 36 are members of the in- fantry drill squad of the Fort Henry Guard, who, wearing scarlet-coated uniforms of the British Army of 1867, turn back the pages of history with the drill and battle tactics of that ginning of automation in the en-| period. gine rooms. In recent vessels built in Japan engines are con- trolled directly from the bridge and the entire engine room is run from a centralized control centre which can be maintained and operated by a single engi- neer."" BUILT LIKE TENT FORT FRANKLIN, N.W.T. (CP) -- The Roman Catholic Oblate order has completed a church shaped like a tent to serve its mission in this tiny Indian village of 250 persons. The church has eight walls, each 21 feet long and 12 feet high. Several years ago the order built a church in the form of an igloo at Inuvik, near the Mackenzie River delta, NET EARNINGS By THE CANADIAN PRESS Dominion Textile Co, Litd., year ended March 31: 1963, $5,-/ 052,697, $1.92 a share; 1962, $4,- | 365,770, $1.65. Going This Sunn @ Europe » Caribbean @ Hawoll @ South Pacific or anywhere else ?? See us without optigation. Four Seasons Travel 24-Hour Service -- 728-6201 The drill squad will be ac- companied by a band and color party, making 76 in all going to the colorful Royal Tourna- ment. Left behind will be David the goat, mascot of the guard, who cannot go because of quaran- tine regulations. Weeks of strenuous training have gone into the performance of the guard, which returns to Canada June 25 after 30 perfor- mances at the tournament and' in London, Eng-|* four days of practice sessions and dress rehearsals; AIDS CHARITIES The Royal Tournament, a mil- itary exhibition, is held at Earls The guard and band, sprout- ing a variety of shapes and col- ors of beards and "'mutton- a = hi iG ke he conducted iemselves like a true regiment of the line of 1867, Only one member of the guard needed to "pull his socks up." That was David, who. weurs socks to protect his knees when kneeling during a salute. They eased down his legs until at the end of the ceremonial pi = Eg rested on his a arin their ge en stay Engen the guard before the Queen, 7" PASS MANY CULTURES -- Travellers on the yet ican. Highway through Cent: America pass through the sites of some 2 different ancient cultures. , Court Arena to aid service char- ities, Besides demonstrations given by top units of the British forces and invited contingents, there will be horse-jumping, fencing, rifle and pistol compet- itors and other exhibitions of precisions and skills. The biggest parade before leaving was a fulldress inspec- tion parade and drill and battle sequence before Transport Min- nie James A. C. Auld of On- ario, Ronald W. Bilsky, DC CHIROPRACTOR @ HEADACHES © SLIPPED DISCS 100 King E. 728-5156 2LOCATIONS EXCLUSIVE HAIR STYLING MEN Vhowe 364 WILSON |} RD.S 1.00 Don't Pay A Dime... 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