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'STOCKS AND FINANCIAL REPORTS OCK MARKET _ pusiness sporuicHT 4+ threatened Zambia, major cop- Fee Studies Of Profit Prospects =:: Indicate Happy Days Still eet eae 10:4 Het Sales High Low am. Ch'ge rights, «#--tx-werrants, Net change is . from previous board-iot closing sale. | Vv . ss ; / 71 The railway system is jointly id By KEN SMITH would seem to be for @ further|about 170 Canadian companies ; ¥ | owned by Zambia and Rh in Stock Anitip } 1 Aching stock Salen Hightowam.chge fi" ont Feta Canadian Press Business Editorrise in aggregate profits this and finds that only 23 are likely | \ouich Goclared independence of 4 Two fresh studis of profit pros- year, albeit at a more moder-\to end up with lower earnings \Britain Jest Nov. 11 in s cries pects for Canadian businesses ate rate than that experienced than in 1965, over British insistence en even this year indicate happy dayssinece the (economic) turn Of those 23; 11 are mining con- \tual rule by the colony's over. are still here around in 1961.' cerns where the profil picture |whelming African majority. Aigoms The monthiy business review The other survey is taken in has been dulled by the long- OSHAWA TIMES Alcn Alum of the Bank of Montreal notesthe monthly Investment Securl-| standing squeeze on gold pro- 'THE OOHAWA TIMES, Mondoy, Moy 7D, 1906 17 | Rhodesia Calls For Cash From Zambia | LUSAKA, Zambia (AP)--An lerder by white - supremacist |Rhodesia that its landlocked mat , Tambia must naw in jadvance and in hard cash for 'vail traffic through the break away British colony went inte leffect Wednesday. The move " j ™% { n % Ware 116 $45 76 $419 AT" 138 $97 27 2) $194 194 224 916% 10% " 067 o's 140 4704 W's " 09 $13 1999 $53% 4 20 $174 1) 9% e+ 1% 615 a 1 tie 00 1000 925 925 200 170 10 wo 4% 9 wo uw 0 33. O13 mo 5 92 465 | "se 635 7 a 19 ane @ 325 17 9 a4 ) " 192 2 #2 A 2 Cent Pat Chester Chib Kay Chim Coch will Coin Lake Con Shaw ¢ Callinan Cc Halll C Mogul Merrisn Wa Canada's population, is census will be taken in June expected to reach the 20, The biggest population in- 000,000 mark soon, possib- crease since 1961 was rec y this Je opula- i a oe orded by British Columb tion was an estimated 19,- 859,000 at April 1, Another fawith an Increase of 13.6 BUSINESS BRIEFS By THE CANADIAN PRESS CHANGES NAME Sovony Mobil Oil of Canada! Lid. will ehange its name June} 1 to Mobil Oil Canada Lid., the firm announces in Calgary. Its parent company, Mobil Oil Corp, of New York, dropped per cent Lowest was Prince Edward Isiand with 2.9 per cent. Graph shows population and rate of in crease for each province (CP Newsmap) ,: Con Negus Con Niche' Conwest Coprcarp Cop Fields Coulee Courven Cowich Crowe 4 Ld 716 " 136 44 » Ad --Pierre Paul managing director of the Inter ° 178 9 135 45 0 8 5% 6 ° 9 0 «6400 2 ? MacKENZIE WASHINGTON (CP) Stale mate appears to have gripped the discussions on internationa) monetary reform and recrimi nations are showing For several years, the discus sions have dealt with ways of augmenting and supplementing the resources for financing world trade and aid--now lubri cated primarily by the United States dollar as the world's strongest currency The Group of Ten--major in * dustrial nations including Can 1100 805 By ARCH 7000 193 300. 195 2000 45 1000 80 ideficits could be more than|policy behind the low rates for wiped' out if-the loss on second|newspapers and periodicals was | class mail were eliminated to encourage the dissemination He said he realized that the of news ' 4 is 7 " 155 790 225 155 300 780 16000 East East Sul! F West e Mer Frocr Frobex Genes t Glacier Glenn Exp Golarim Alcn Al pr Aim 4% Anthes A Argus Atl Sugar Bank Ment Bank. NS Beiaing Bell Phone Bow Valey Bowater B Am Brék BA Constr BA O BC Forest | there are pressures on before-ties Review put out by invest, | ducers tax profits, but sums up the 1966 ment dealers James Richardson | ppoprrs ROSE outlook" and Sons of Winnipeg ) ; "On balance, the prospect Jt projects 1966 earnings for The bank's review says be- | 7 ; . --rowenem|fore + tax profits rose during | @ ithe 1961-64 period by an annual! -- RE-PRINTS | & | average of 12 per cent, and they onetary hetorm 'recoded a fire 'etn pig ip cent gain in 1965, 0To ' * . It presents 25 industrial NU-WAY PH groupings and shows that last C * Stall; Recrimination Seen 2's ist ive, toss SERVICE and oi) we extiles, paper : Schweitzer, and allied industries and wood 251 King %. E, Oshewe --declined from the previous 12 8 x 10 -- 1.50 each | months | 5 x 7 -- 1.25 each ational Monetary Fund, says) ,, a ii ft ( the Gtoep of Ten is 'dragging Frevious an ron .. rs 20% Discount on Orders its feet;" that it wrongly re gests that when ota! de xb ot 5 or More Pictures spves to itself decisions on| out and turn down it is a clear pin Mn reform in which sign that the driving force of a ine expe { many other nations including regener fb ia rer the developing ones have a vital : : : stake, He regards the question| Asking whether the profit de as urgent cline gg angle ear sug ests a similar falloff now France continues to sit od poet in: the discussions, offering nei-|" "ry, the one hand there ap ther support nor br nor | pears to be no let-up in sight advice, But, say observer which have 0 40 Looking for an investment that offers vk Domtar Du Pont Security Plus Extra Interest? Gradore M Grandus Gunnar Hasage Headway Healn Huds Bay hydra Ex irish Cop tron Bay Jonsmith Kerr Aad K Aneces i Ovufavit Le Latin AM Lorado Loui Madsen Matigm! Mc Adam Metal Min Midrim Mt Wright MultieM Nealon Neonex N Harel N Hosee Newlund N Myle N Que Rag! N Senator New Taku Nisto Noriex Normetal N Bordu N Rank $)0% 2276 300 995 $12 2500 4! 0 $224 3000 2 6500 135 0600 55 60 4 150 814\4 2000 «3 $00 153 1106 «43 a '4 1000-38 Bh) 36 7100 965 260 262 mo 10 (NO 6 Li 15 42 153 150 360 0 1900 11 100 320 0 18 2000 «42 100 800 920 ' 4 Sat " 0 ™" "0 $00 " 344 ss 4s 2000 234 2/4 1000 «19~CO«W 300 450 «(450 12% 6 6 9000 64 6 m0 4 (4) 1100 95 |= 9% 900 415 410 1640 990 985 1200 40 = #00 783) (163 ro 80) =O "mw 3000 mh? 9 A bi 6 % 194 114 230 81% 124 2500 65 64 36 4% 24% 4500 900 ' 23 9 460 6 9 a Pr 410 990 " 169 w Pine Point Placer Preston Pyramid Radiore Rayrock Rio Algom Rockwin Roman Ryanor Satelite Sherritt Silvmar Sli Stand 4 WM ™ "4 2) " un $65 S58 "0 1 "i 128 U Buffadn Un Mactie Wilco Willrey Windfall Win Ela Yale Lead OILS, GAS 8}00 u" " $8300 00 Am Leduc % CS Pete € Dent C Gridoll © High Cr Can Sup 0 Cent Dei Dynamic Gr Plains Mill. City N Davies N Americn Numac Place G Provo Gas Ranger Rt ; 4 2s 2465 190 182 110 218 245 330 abd Spoon Triad Oil W Decitw 250 152 ; | little or inv Group Jarnes Jefierse jet Bw jockey ¢ Jock Kelly ¢ 500 89% * 6 $10 1% $28 320 $104 730 926% 40 § $22" + +e ' +4 a + a Noranda - N "6 Ont Steel Oshawa A Pow Corp Price co QN Gas Rank Or A Reichhid Revelstk p Revenue w R Nodwe Rockowr Romfieid Royal Bnk + * "e ~V ~s §| Ye Shell u Weslo Westor Zellers Sales ADD Toronto 10:40 a.m, stocks FOREIGN TRADING 1700 1s 175 500 140 40 0 oO mh @ 10 9 «9 90 Bast Mal Lorade N Davies Tundra Parties In Washington Have Color, Zest Aplenty WASHINGTON lets clink, Champagne bubbles Waiters stand erect in stiff "white collars. A combo plays under the Picasso and an am bassador trips over a table in candlelight, It's a Washington party on the diplomatic circuit, one of 200 a month, 1,000 a season It's an extension of hours redone in dinner Por many diplomats most profitable part working day Large, boring, exciting, inti mate, opulent -- regardless, it's an. intrinsic link in the capital scene, a tableau enacted up to 20 times a night from the m&n (AP) -- Gob- office a its of ket the the! sions on Foxhall Road to the embassies along Massachusetts Avenue Conversation in an atmosphere of hors d'oeuvres and rustling gowns is bound to he less re strained than that during the day FOODS ARE EXOTIC Food goes native The Turkish have grape leaves, the Arabs have lamb, the French serve |pastries and the Koreans pine nut soup. One market caters foods to embassies and | that without parties it would be jbankrupt. When there are no | guests, virtually all the embassy icrowd eats American foods exotic says | VICTORIA AND GRE Y TRUST COMPANY COMMON STOCK 257th CONSECU Notice is hereby given that a and One-half cents (12\4c) pe the issued common shares TIVE DIVIDEND quarterly dividend of Twelve r share has been declared on of Victoria and Grey Trust Company and the same will be payable on and after June 15th., 1986 to shareholders of By order of the Board }' -Qatario, '1966 at record May 27th, 1968 R_ G. Thomas, 9. C General Manager and Secretary i ada--have been working at a series of meetings and the last one recently in Rome revealed no progress The scope of the discord measured by these events Sentiment centred among Kuropean central bankers ts that no expansion of additional monetary resources should be made until Britain and espe cially the U.S, cure their inter national payments drains. A just concluded international bankers' meeting in Spain re iterated that line --The U.S. will continue to apply voluntary and mandatory) gold} outflows of and dollars, But, hecause of the Vietnamese wer, it has thrown in the towel for now on ending it its curbs on Chile Likely To Cut Price ** Of Copper; Amount Queried By JOSEPH BENHAM SANTIAGO, Chile (AP) Chile, which rocked the eco nomic world in April by raising the price of export copper 20 cents a pound, will begin cut ting the price early in 1967, a majority. of Industry and gov ernment officials believe The big questions are wher the price will begin to drop and how far it will fall, There is nothing resembling unanimous agreement on either point. But the nearest thing to & consensus would seem to be along these lines ~The world copper shortage will beg year, although copper will re main in fairly mand ~-As the shortage . becomes less severe, the price will be gin to fall slowly as slowly ment can go and still hold its share of the market ~The price could begin to de cline as early as the quarter of 1968 or mid-1947, but moat say they believe the first quarter of 1987 is a likely time for the drop to start 'The decline probably will level off somewhere between 40 and 50 cents a pound, This is the area of least agree ment, with some officials say ing they think the price may drop to the high 30s and others talking confidently of 50-cent copper All predictions were heavily qualified. Everyone interviewed observers 'on jin the rising costs here, even France in principle) recently heen putting favors letting the monetary | ing pressure on profits fund supervise arrangements| "purthermore, there is some for more international liquidity | indication that capacity being rather than keeping control | i istalled in some areas of Ca within the Group of Ten, as the | nadian industry may be outpac U5. favors ing the growth in demand Privately here as well, there| SOME WEAK SPOTS increasing criticism of the| "On the other hand, although S. on grounds that it actually|there are some weak spot opposes any internationalist ap | there are no signs of a develop proach to the question because! ing short-fall of over-all demand it wants the prestize and power in the economy and most fore of the U.S, dollar to continue. |easters are looking to further One qualified observer here! substantial gains in total activ- suggests the U.S, actually has|ity in both Canada and the done a skilful propaganda job/ United States." inferring that Europe "the! The Richardson earnings esti- | Gnomes of Zurich" opposes | mate forecasts that all 17 com- reform when actually the U.5.| panies listed under the heavy in has taken a-rigid stand against} dustry category will show better anything that might displace or profits this year. Three other compete with the U.S. dollar.| categories also show no pro 7 4 ™ |jected declines 14 companies each in utilities and merchandis~ ling and foods, and four in chem- icals, Seventeen banks, trust com panies and investment holding |firms are expected to show |more profit this year than. last, \but two of three finance com sald the Viet Nam war, unrest) panies are not in the African countries which| One of five construction firms produce copper and the health) will make less money, the sur of the U.S, and European econo-| yey says, as. will two of three mies will have major impacts | brewer: the copper price situation Other expected declines But, barring something wun-| pointed by the survey are increas not believe the Chilean govern-|lumber companies; two of 24 oil Yment will move the price abovelgas and ipeline companies; | g pip | | the 62-cent level to which it was|and two of 18 miscellaneous} in- to ease early next| Chilean copper production by short supply | totalled about 600,000 tons, put- until at least 1968 and it prob-|ting Chile behind the United ably will be 1970 before pro-| States and Zambia as the major duction catches up with de. | copper as the Chilean govern: | «| bY 1970 to drive the price below | PLANNING A.:, ® BANQUET © CONVENTION ® MEETING First Class Faci For 20 to 400 Guests Quality Service ities Experienced Stoff RESERVE YOUR FUNCTION NOW! 723-4641 HOTEL [(Zerrod a raised The in April government and three major copper producers---Ana- conda, Cerro and Kennecott are planning a mapor expansion and development program jwhich is expected to double | types, Even among the mining cate gory, despite lower earnings) forecast for the five gold pro ducers studied, three groups| have a good outlook. Due for higher profits, the survey says are three asbestos, six base metal and three nickel compan les 1970-1971. The 1865--production TURNS TO SCREEN Comedienne Flaine May, who {used to work with MikeNichols makes her movie debut in En ter Laughing with Jose Ferrer producers in the west- ern world Earge scale expansion of cop per production in Peru, the United States, Canada and Aus- tralia, among other areas, also) is under way or in the planning stage, and some officials say'| the believe there will be jenough copper on the market Pat & Mike's FISH & CHIPS 688 HORTOP 723-1951 @ Deep Fried Shrimp & Seatlons @ Holibut @ Generous Servings Closed Sun, & Mon | the point on which ft settles fol-| lowing the predicted 1947 de. | cline UNRESERVED RETIREMENT AUCTION FRUIT BELT PRODUCE TRUCKING LTD, ST, CATHARINES, ONT. Upon instructions from John A, Stevens and John A. Lincoln who are retiring Pius 18 Units of Melburn Truck Lines Lid, Upon instructions from F. J, Bloke, Vice-President Entire Well Maintained Transport Fleet 35 Tractors -- 35 Trailers TRACTORS: White Mack Aute Car Diemond T }-- 1942 Kenworth Diesel (Cab over Sleeper) Tag Tandem 2-1 964 WHITE DIESEL TANDEM---1960 DIAMOND T Mod, 921 6---1960 to 1963 WHITE MUSTANGS (Single Axie) 81958 to 1961 WHITE GAS & DIESELS S--195S8 AUTO CAR DIESELS (Single end Tendem Axis) 41958 AUTO CAR DIESELS (Mod. DC?S.Singte Axte} 1957 AUTO CAR---1956 MACK TANDEM SLEEPER 21958 Ford F800 (V.8) @ 3 White Mustangs '53 " TRAILERS: Fruchouf --- Can Cor --~ Trailmobile --- Dorsey VANS: 2-40 #. @ 3.37 ft, @ 6--35 ft. to 32 REEFERS: 1.40 ff, @ 19-35 #. @ 1956 TO 1964 MODELS Most Reetfera heave Reyeo Suspensions ond Refrigeration Floors STAKE: 2-36 #, ICE BUNKER: 1-35 ft, 1-32 @ Cenadian Accepton FINANCING AVAILABLE Te ensure proper financin: vice it is essential te contert noorest C.A.C. Office 3 days prior to auction "ss TIME: WED, JUNE 8-10 om PLACE, ST. CATHARINES, ONT Smith & Wright Ste Fruit Belt Produce Trucking PREVIEW: Mon, end Tues, 6th ond 7th Write Phone --- Wire for Pictorial Brochure Phones: Toronto 363-8779 923.4890 TIMED LOT BY LOT CATALOGUE AVAILABLE AT PREVIEW & SALE MAYNARD'S AUCTIONEERS HR Ganga Mee WRRCOUVER 8c wet. ee MAIN OFFICE: TORONTO/ VANCOUVER net the name year SLATER Slater has reported profit months ended of 14.6 per pared with Finance Study Called: Says PM OTTAWA (CP) fice department was faked over the coals by the Commons pub- lic nexday accounts on class mail periodicals Mr Socony earlier Steel of $1,355,999 for six cent on a 4.4-per cent increase in sales which to- talled $14,140,384. Net per coms! mon share was 54 cents, com 50 comparative 1965 period heavy curred each year in the deliv-| ery of second class mail. The MPs were supported by evidence from Auditor-General Maxwell Henderson that second cost the post office $35,000,000 more to deliver in 1963-64 fiscal received in postage, Henderson told the com- mittee he has pointed out in his foreseen, officials say, they do|' Three of 15 pulp, paper and last 10 reports that post office this PROFIT UP Industries Lid from Hamilfon April 30, a gain cents for the The post of- committee Wed- losses in- newspapers and GET 542% SIMPLE INTEREST WITH TORONTO -DOMINION 6-YEAR SAVINGS GERTIFIGATES Available In convenient amounts from $10 to $50,000 (a $10 certificate costs only $7.50) and may be cashed anytime if you need the money. _ Go-Ahead people bank on TORONTO-DOMINION The Bank where people make the difference. vom year than it H. J, EATON G. B, MILES, 1, E. ERWIN, W. R. SINGLETON, Manager, Manager ~ 455 Simcoe South, Oshawa, Ontario , Manager, Northwoy Plaxo, 1128 Simcoe St, N. & Byng Ave., Oshawa Manager, King Street W. Simcoe S., Oshawa, Ont. King St. E. at Wilson Road, Oshawa, Ont, A New World of APARTMENT LIVING ooo ® ONE BEDROOM SUITES ¢ TWO BEDROOM SUITES @ FAMILY SUITES ® 3 FLOORS RESERVED FOR ADULTS ONLY "GRENFELL SQUARE" LUXURY APARTMENTS 385 GIBB ONE - TWO - THREE BEDROOM SUITES Free Hydro High Speed Elevators Softly Carpeted Corrider Floors Beoutifully Landscaped Entrance Ultre-modern Kitchens include 30- inch Electric Renge and New Re- frigerator Intercom Connected te Lobby Bothrooms Equipped with Lerge Mirrors ond Built-In Vanities Double Sinks Night Drapes Throughout Ona or Two-baleany Suites Available Second Washroom Suites Aveiloble Oshowo's Lergest Suites Rental Includes TV Antenna Service. Parking Space and Additione! Locker Space Private Seune end Health Club Facilities; Swimming Pool end Sunning Petia Rentals Start at 125.00 ST. at GRENFELL Free 23" Gonsole Television One of the new tenonts will win @ lovely 23° CON. SOLE TELEVISION . . . those who reserve their auite by June Tet, 1946, become eligible, Bring this cord of Introduction FOR Rental Information Phone 723 - dill 11 A.M, -- 9 P.M, DAILY Exclusive Agents OSHAWA REALTY (Bond St.) Ltd. 728-9466