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2 OE: 2, Ms " : x tt Se oh, = oO I OG OP PSO OCS SPE GUE GIGI Faso eges arene ee a y fired during the strike. These included nearly all the union leaders and all the known BUSINESS SPOTLIGHT sovreeva and Communist 8 14 THE OSHAWA TIMES, Fridey, October 25, 1963 WILSON & LEE LTD. Strikers Company Assets VANCOUVER (CP)--In dis- passionate tones the quarterly statement said the net profit eo ., During the period there @ 01-day strike during . which the strikers seized all company assets. oe wey creas Saboteurs dent bacune '[ Giectric mat: Se. ' ms inforcements and jailed sus: One hundred and one strikers sed. comained in the quarterly re- &. of the Vancouver-based ato Consolidated Gold Dredg- Seize ing Ltd., which has operations along the: Nechi River in Co- lombia. Pato is controlled by Pago was|Mining Ltd., wholly owned sub- sidiary of South American Gold er Company of New pro SLAMS COMMUNISTS Patrick N, O'Neill of New York, board chairman, said in dent during the strike occurred "The most regrettable inci- five days before it was finally over when one of the strikers who had been fired attacked Managing Director Benjamin Barraza and shot him threejf. times. "Fortunately the wounds were not critical. . ." Mr. O'Neil said the Colom- bian government now is nes 'stronger measures bor agitators and subversive! elemets. Better labor relations| were anticipated as the com- pany employees now were af- filiating with a non-Communist group. nis report that because of th trouble--which he blamed on Communist agitators--the com. pany's profit for the six months ended June 30 was $242,101, compet to $460,440 the same period year, The report said the strike started June 14. He said the dispute was over wages but the principal fact "was general|/Nov DIVIDENDS | By THE CANADIAN PRESS Loblaw Incorporated, com- mon 10 cents (U.S.), Noy. 30, record Noy. 15. Standard Brands Incorporated! NOW IT'S EASY to Play a Musical Instrument WILSON & LEE LTD. 87 SIMCOE ST. NORTH MUSIC. STUDIOS NOW Is The Time To Enroll For PIANO-ACCORDION LESSONS Private or Group Lessons Available RENTAL INSTRUMENTS AVAILABLE FOR BEGINNERS PHONE 725-4706 55 ~ (U.S.), Dec. 16, record] labor strife in Colombia, insti- Activity TORONTO (CP)--The stock market had a mixed day Thurs- dey with pg Corporation the focus of interest Chrysler jumped 9% to 107% after setting a high for the year of 109 in the early a! The activity followed an an- nmouncement by the company that shareholders will be asked to approve a share split on a two-for-one basis to take effect Dec. 20. The proposal will also have the effect of doubling the quarterly dividend. The company has 40,000,000 authorized common shares with 18,498,112 outstanding. Low for the year was 56%. Elsewhere on the industrial board, steels moved ahead strongly, Algoma up one point to 58%, Dominion Foundries and Steel % and Steel Company of Canada 1%. Other major included Abitibi, ahead 1 point. porggd patel by Com munist-dominated wu "Communist influence in Co- lombia has increased markedly since the Cuban revolution. The foreign oil and mining com- panies have been the principal targets although the national oil company and other indus- tries have also been struck il- legally." There had been several at- tempts at national strikes with the downfall of the government as their objective. He said the strike was de .jclared illegal by the govern- ment, On June 14 the union, unnamed in the report seized the company assets. The union had refused an arbitration for- mula to settle a wage dispute. strike failed the army stepped in and handed back the assets to the company Aug. 3. Meanwhile, saboteurs had fast as they could be replaced. The army brought in reinforce- ments to patrol/the power line. Men started trickling back to} work and on Sept. 23 the last! large group of holdouts de-| ed the strike over and re- turned to work. "Altogether, 101 men were Ferguson advanced % on 36,- 707 shares Walker-Gooderhem dipped % and Aluminium %. In senior base metals, Fal- conbridge rose 5% and Interna- tional Nickel dipped 4. Joutel was the most active speculative mine, off three cents to 80 cents on 154,575 shares. Iso jumped 29 cents to $1.99 on 123,450 shares. On the Foreign market, Mas- sey Ferguson gained one point to "8 and Abitibi slipped %. On index, industrials were up 82 to 656.98, base metals 1.09 121.63, Volume was 3,088,000 shares compared with 2,741,000 Wednesday. SMART WOMEN ... have their carpets and uphol- stery cleaned 'The Safe Way' || DURACLEAN 728-8518 EVERYONE'S RUSHING TO cme "s BIG. 7th Oct. 31, Nov. 1 & 2 knocked down power towers as Lets celebrate electric heatings arrival here in the sunroom! When all efforts to end the| | Got a chilly sunroom? Adding a new room? You can make any room warm and livable with electric heat- ing. It's simple and inexpensive to install and oper- ate. You can add electric heating without disturbing your present heating system. And it will cost you less to install than it would to extend your present system. Flameless electric heating is the quietest, safest, cleanest heating system ever devised. The drinks are on me! \ Electric Heating Information Centre. The special- ist at your Hydro's Electric Heating Information Centre can give you complete information on the type of unit best suited to your room, installed cost, operating costs and help in arranging installation. Call Tow. 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