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- BUSINESS SPOTLIGHT Business Helps Students demic and business worlds. faires was established this fall by students of I'Ecole des Hautes Etudes Commerciales, Club University of Montreal's com-'in the business field. merce faculty. The specific aim of the SOCi- of l'Ecole des Hautes ety is threefold--to give the atu-/Commerciaies, dents an insight into practical business problems, to enable the student to channel his inter- derstand business and establish irector|Put forward at a two-day meet- 'sm py Regd pair ing of the national centennialjcentennial activities by commu- says h "It helps the students to un-| ests toward a specific career\contact with the world of com- and to make the business world) aware of the potential of the) students. The students have divided! themselves into small groups of merce," he said, 'I know it will help them in their studies." INTEREST WIDENS Mr. Charbonneau says the so- } | i ! three or four. After suitable|ciety is the first French-Cana-) preparation, they visit the com- panies connected with the par- ticular industry they are study- ing. k After these visits, they pre- Stock Market Shows Late Day Rally TORONTO (CP)--The stock market moved ahead in the fi- nal hour of trading Wednesday after meandering on the down side most of the day. The industrial index closed up 1.59 to a record 657.67, Base metals advanced while golds and western oils declined frac- tionally. Steels and banks provided the impetus to push _ industrials prices over the top. Dominion Foundries and Steel climbed 1% to 67 and Algoma 4%; Mont- real and Toronto-Dominion ad- vanced % each and Nova Scotia Y% among banks. Automotive stocks were stronger, Chrysler up 2 points to 101, Ford of Canada 1% to 185% and General Motors Cor- poration %. Rothmans was the heaviest loser on 'percentage, down % to 8%. Canada Steamship Lines fell 1% to 57. Papers and pipelines were mixed to lower and refineries were down. Falconbridge advanced %4 and! International Nickel 4% among senior base metals. CONS MOGUL UP Consolidated Mogul led active speculative mines, rising 13 cents to $1.40 on more than 170,- 000 shares, Newnorth was close 'behind, ahead one cent to 2 cents on nearly 165,000 shares. dian business club to be organ- ized at the university level. "It is an indication of a greater interest in business on the part of the. French-Canadian -- stu- dent," he said. "Many of our students come from families where business is not a familiar topic of discus- sion,' he said. "SRA gives them a chance to talk over busi- ness problems and see exactly! what is involved in a career in industry." "There is no reluctance on the part of top management to} help us out," said Mr. Charbon-, neau. "We have found even the) presidents of large corporations} are willing to co-operate." "It is never hard to get a/ businessman to talk about his} business. All you have to do is askhim about it and. that's what we're doing,' said Mr./ 'Charbonneau. | Merrill slipped five cents to 85 cents. In senior western oils Dome Petroleum dipped %. Sarcee was down five cents to $1.30. Tuesday an offer was made by Guaranty Trust Company of Canada on behalf of a Calgary group to purchase 1,400,000 shares of Sarcee at $1.50 a share. Sarcee directors have ad- vised shareholders not to accept the offer. On a dull foreign market, Do- minion Tar gained 1% and Mac- millan-Bloede] %. United Keno fell 50 cents to $5.00. On index, industrials ad- vanced 1.59 to a record 657.67, base metals .64 to 210.08, golds declined .15 to 87.93 and west- ern oils .06 to 120.80. Volume for the day was 2,475,000 shares compared with 2,411,000 Tues- and sharkskins). day. US. Seeks From Canadian NEW YORK (CP) -- The United States government has urged Albert McLennan, a re- tired Canadian distillery execu: tive, to pay the $15,287,861 in back income taxes that a court said he owes the U.S. govern- ment. : McLennan, 78, now a farmer in Surrey, B.C., near Vancou- ver, said earlier he would ig- nore the U.S. court judgment The U.S. attorney's office here said the judgment was obtained by default and covered McLen- nan's unpaid persona! income taxes and penalties and interest accruing from taxes due on liquor sales in New York state during the Second World War. McLennan is under indict- ment on charges of conspiring to defraud the U.S. goverment Assistant U.S. Attorney Thomas H. Baer said in an in- terview Wednesday he is willing to discuss the matter with Mc. Lennan "at any place." McLennan has said he has no| intention of leaving Canada where the Supreme Court has ruled in similar cases that tax|/ judgments gained in foreign courts are not enforceable in Canadian courts DIVIDENDS By THE CANADIAN PRESS Brown Company, 15 cents (U.S.), Dec, 1, record Nov. 4 Dominion Stores Ltd., com- mon 12% cents, Dec. 14, record Nov. 15. Eagle Star Insurance, nine in. Jan. 1, 1964, record Nov 1 The Huron and Erie Mortgage Corporation, 3244 cents, Jan. 2, 1964, record Dec. 13. ' Aren't you? : | Speci al Savings 'ier planning, will meet here 100th birthday may be marked, ' id among other things, by the writ-/a good look at itself. MONTREAL (CP)--A group,pare reports on their experi-|ing of a 'factual history of Con-| The conference took no decis- of French-Canadian universityjences. These repor's are filed/federation," the creation of a students have organized a busi-|away and are the foundation ofjrepertory of Canadian music ness club in an attempt toja rapidly-expanding business in-|and drama and restoration ofjing recommendations on what bridge the gap between the aca-/formation centre. | The companies are. asked to) La Societe de Relations d'Af-\send annual and quarterly re-jsavings bond issue, maturing ports to the society, along with|in 1967,:to help Canadians build other news items, to keep the|a nest egg for a centennial|Privy Council President Mau- students up to date on activity|blow-out. \historical monuments, e thinks|conference which ended Wed- the society is an excellent idea.|nesday. The 60-member advis- lory body, designed to help guide lagain Dec. 16-17. A press statement said its jmeetings, held mostly behind 'closed doors, featured "keen jdiscussion and a sense of ur- gency, with general agreement that the centennial presents a fine chance for Canada to take Bond To Mark Centennial? OTTAWA (CP) -- Canada's ions. Officials said its mext meeting may get down to mak- steps the government can take to mark the 100th anniversary There may even be a special = of Confederation. ae icaananandl Seen oc Sone saan teees THE OSHAWA TIMES, Thursday, October 17,1963 7 TWA-Pan Am Quit\cucse "ricer. cam Merger Proposals fee anid' Woans lines. said Wednesday, The merger agreement, NEW YORK (AP) -- Trans|reached Dec. 20, 1962, by direc- World 'Airlines and Pan-Amer-|tors of TWA and Pan-Am, would ican bag irways hag oars bares Sr ve Lara a scrap} eir proposal air trans | Y; merge the two carriers into a\supplanting United Airlines as single $1,200,000,000 system with|No. 1. 80,000 miles of routes. "The timetable for necessary BIG BUSES approvals, including those of} Moscow's omnibuses are 57 the federal government, has notjfeet long and capable of carry- {progressed to the point whereling 200 passengers. The conference chairman, rice Lamontagne, said one of These were among the ideas|the biggest challenges is to de- velop enthusiasm and voluntary nities, private organizations and a amaaaed SPECIAL | individuals. ee | ANNOUNCEMENT FRONT-END ALIGNMENT aL cars #e.95 JOHN BEAN oinonit 728-6221 "Visualiner" for SPECIAL Free Pick-Up and Delivery Service ENERAL TIRE OF OSHAWA 728-6221 appointment GENERAL TIRE 534 RITSON RD. S. ROYAL CANADIAN AIR FORCE ASSOCIATION Wing No. 420, Oshawa, Ontario ANNOUNCES THEY ARE AGAIN SPONSORING A SUBSCRIPTION CAMPAIGN FOR THE PURPOSE OF PURCHASING SICKROOM EQUIPMENT. This equipment will consist of wheelchairs, hospital beds, in- valid walkers crutches and miscellaneous small equipment and will be available to any resident of ONTARIO end DURHAM COUNTIES, FREE OF CHARGE FOR HOME USE. Your MAGAZINE ORDER (new or renewal) will help further this community project and every resident is urged to co- operate. Residents when called upon should request to see the repre- sentative's letter of introduction signed by Wing 420 Officers. This is to eliminate any misrepresentation by unauthorized persons, Donations Are Not To Be Solicited Or. Accepted N. K. JOHNSTON, President W. D. EVANS, Pest President For Sickroom Equipment Phone 723-2845 My ff Yf lj : <4 c yf & : Complete Glasses ONE LOW PRICE Here at King we are proud to say thet we. use nothing but National Brand Products, Ma- terials or Equipment. Should you pay more and often times get less value for your money ? The thinking person buys at King for fine quality glasses ot LOW, LOW PRICES. 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