Oshawa Times (1958-), 11 Jun 1966, p. 16

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PORT BENEFITS dreds of tons of cargo origin- Freighters continue to call So inally destined for pots now at Sydney to unload hun- Czech MPs Nation-wide Dealers Say Return Call Used Car Prices Unsteady OTTAWA (CP)--Hight parilia-| fmentarians from Czechoslo-| vakia are to arrive in Canada Sunday on a two-week visit, a follow-up to a tour made by Ca nadian parliamentarians there last year. The delegation is to arrive by air at Montreal CONTAINS CAPSULE LONDON (CP) -- A corner stone laid at the University of BY THE CANADIAN PRESS While used - car sales have generally held up in the face of} declining new-car sales, retail prices of used cars have slipped) or at best held steady, dealers across Canada report Dealers in Vancouver, Ot tawa, Saint John, N.B,, Mont real and Charlottetown, ques tioned in a cross-Canada survey US. Business Slows Fitst Nuclear Reactor By JACK LEFLER N@w VORK (AP)--The U8. off somewhat, still shows signs of being robust. Statistics show that in the first half of 1966, the U.5, econ- omy has made a strong show- ing. The gross national product, total of all goods and services, topped the $790,000,000,000 an- nual rate for the first time in the opening quarter of this year. But Gain Rate High | cooled| The rate of gin was higher) business boom, although lthan that in 1968. It hit $713,900,000,000, up nine, and a gain of $5,599,560,998 over per cent over a year earlier.|# year earlier. f / Analysing the eco | Federal Reserve Ban Personal income also zoomed to a record annual rate of $557,- 100,000,000 in the first. quarter. This was an increase of $41,- 000,000,000 or eight per cent higher than in the 1965 first quarter, Another key indicator, corpor- ate profits, rose to an annual rate of $48,800,000,000, a record, signs of moderation in domestic business activity, continued pressure onindustrial capacity, the supply of skilled labor and prices is likely. It added that the outlook for further strength on consumer demand and capital spending points up the danger of reading too much into the slowdowns ap- parent in some recent data-- especially in view of the nor- mally 'erratic course of short- fermmovements New, York said that despite recent' in many sec-| CHALK RIVER, Ont. (CP)--- Canada's newest historical site probably also is the country's) youngest, in fact, when officials from Atsivfe Zuergy of Cansds £44 ana the Ontario Historical So cle" erect a plaque next Sat 'Now Historic Monument was responsible for work on the NRX and NRU reactors. But many others who played kev roles in Canada's nost-war entry into the nuclear field are seattered arnund the warid and wet-y to commemorate Can- jada's first nuclear reactor, the |reactor still will be more than two months shy of its 2ist birth- day. for Canada's nuclear industry that stretches from the Ottawa River to Pinawa, Man., miles east of Winnipeg. Five and one-half tons of nat- The Zero Energy Experi-' mental Pile first achieved a mu: | clear chain reaction Sept. 5,) 1945, and jaid the groundwerk' 60 ore 7 onnounce Appointment Of CHARLES D. Iprices nose-dived in January Western Ontario Friday con tained a capsule with a fresh- man "beanie" cap and tranquil liver pills. PAINTINGS SOLD LONDON (CP) -- Two paint ings by pioneer Canadian artist Cornelius J, Kreighoff brought $17,640 at auction Friday. Laing Art Galleries of Toronto paid $13,230 for Snowy Scene. An other painting dated 1853, brought $4,410 GIVEN MEDAL SHERBROOKE, Que. (CP)-- Dr. George C. Laurence of Charlottetown, president of the Atomic Energy Control Board, Friday by The Canadian Press said used-car prices are gener ally down. | Reports from other indicate prices are firm Possibly the most buoyant jused car market is in the | Prairie provinces. Dealers in| Edmonton, Calgary, and Re gina say eales are good and prices are firm. Most Winnipeg dealers said business has been booming and) iprices have been steady, al though one of the largest deal-| ers reported sales volume down in the Jast four months and said) prices had been declining stead. ily since January centres | 'was presented Friday night with| Sead medal for achieverrent|WORST IN VANCOUVER Stock Trade Down. Big Groups Lower | tors of the economy, REPORT SHARP GAINS Sharp gains in sales during Maywere reported by several of the leading chain stores afd By LARRY DWORKIN expects a substantial loss in the Canadian Press Staff Writer current fiscal year. Massey-Fer- There was little to jabout on Canada's stock mar-| Shell % to 21%. kets this week as prices con-| At Montreal, Brinco declined tinued to show little change and| a to 5% on 51,705 shares due volumes were well below yearly!tg investor uncertainty of the averages, A Toronto, volume totalled tignale Government toward 12,951,028 shares compared with Newfoundland and such pro 16,241,546 last week and at jects as the development of Montreal share turnover was (Churchill Falls in Labrador |6,414,250 compared with 8,319,- Speculatives, paced by Louvi 483 for the same period court the limelight in Toronto Analysts say there are a num Friday ber of factors contributing to the weak situation including, LOUVICOURT UP 69 CENTS tight money, the Viet Nam war Louvicourt, which is drilling and increasing labor trouble in about 25 miles north of Mont- "Dealers only wish they had Canada real, advanced 12 to' 69 cents on They say investor uncertainty 4.402.250 shares, with most of city's Sonly wharf is whon here crowded with cargo closed by the strike of long shoremen in Quebec. The competition, One cited higher taxes and publicity about mech-|hung onto some of the used cars L anical defects in automobiles, |that they sold cheap in Jan- about possible effects on profits' the trade coming Friday New car sales were down 17\uary," he said of Jahor negotiations under WAY ty Hidona gained 8 to 73 cents per cent in May Used-car dealers in Montreal|or coming up shortly are keep 1 nove than 300,000 shares. | W. G. Ward, president of the|and Ottawa said prices are|ing many buyers away from the wi, stony has been quiet for National Auto Research Co., of!zenerally down from previous) markets Norgold was Toronto, said in an interviewlyears. A dealer in Toronto said| All major groups were lower Canadian auto dealers have re-\business has been helow levels covered some but not all of the lof previous years but he expects losses they took when used-car\a sharp upturn in June and July Mr. Ward's firm publishes a) One of - fontreal de bi-weekly book that dealers use|said oricé here were | as a guide to their used car 20 per cent and sales as much! prices as 35 per cent about two months up 4 to 20 cents In speculative oils, Place in creased 21 cents to 2.69 and GOLDS DOWN 7.05 Spooner to 87 cents, The gold index dropped 7.05. Western oils were down, de to 175.06. Dome led the decline, spite good gains im a few issues, falling 3 to 44%. Mcintyre and|Union moved up 24% to 30%, Giant Yellowknife were each) Scurry Rainbow we 8 a and) down 1 to 87 and 12%, Camp-'Home A % to 18% ome} He said dealers are receiving! I Halifax, dealers said vol , 'Atle De. extremely good prices for older ume and prices are unchanged bell Red Lake % nom and pe dh ! " ie Pacific Pe cars, sports models, convert-|from last year but more effort Kerr oer 4 ot : a fleeing Bd wate Siena Mb ibles, hardtops and all autos in/is going into each sale, One Industrials move ower ps n iver 5080 4 Fal 'ood condition dealer said new-car warranties Delays in expected changes to randa rose 1% 0 52% an a s f up to five years are making | the Bank Act accounted for the| conbridge 1 to 91%. Inco slipped ny heal unattractive to many | Poor showing. Nova Scotia and'1 to 69% and Pine Point % to potential buyers Toronto - Dominion dropped 1% 65% A Charlottetown dealer re each to 69% and 61%, Imperial- On index, industrials were ported that new-car sales were| Commerce 1% to 6414 and Mont-| down .38 to 163.02, base metals 11 to 90.97, Western oils 1.73) Arabs Join Cong To Fight Israel up but the used-car market was|real and Royal % each to 58% ete ocd te THE We tol Palestine slow. He said trade-in values advanced 314|154.88 74, CAIRO (AP)--The | 4 A wank |end 73% Sugar e dropping and banks are seigionng ot le comeanter toleraing' laweniies to buy new|to, 20, Alcan Aluminium 1% to) . At Montreal, industrials ats learn the Viet Cong's guerrillajcars and are sometimes refus 41% and Canadian Breweries % unchanged ee a gee tactics for use against Israel,|ing loans for used ones, ag , \ bie | ' t "19 83 and Mavala cenit « oficlal Widener Laurentide Finance fell 1% to| were down 2.19 to 3 an at Toronto with golds suffering lthe heaviest loss cheer guson was down % to 34% and largest month manufacturers expect over-all mail order houses. Sears, Roebuck and Co., the general merchandising organization, posted record vol- ume for the 6ist consecutive Its sales rose 5.2 per cent to $588,077,122 from $559,- attitude of Quebec's Union Na 276.341 in the like period of 1965 The commerce department reported a survey indicated more moderate gains in sales during the second and third quarters of this year and project a slower buildup in inventories through September The survey projected a one per cent increase in manufac turers' sales during the second quarter and a 1,5 per cent in- crease in the third quarter Sales increased during the three previous quarters from two to four per cent The unemployment rate climbed to four per cent of the labor force in mid-May from 3.7 per cent a month earlier, the sharpest increase in nearly two years The rise was attribuled to a | larger-than-expected number of |high school and college students | jobs. The, looking for summer number of jobless workers rose 140,000 to 2,942,000 READ THROUGH MAIL A Bucharest 45,000 regular mail - order cus- tomers, RANKINE to their office Seles Representative We welcome his experience ond integrity; 14 yeors of Real Es- tate. selling BUYING or SELLING The "SIGN OF ACTION" | ural uranium packed inside sev- etal thin aluminum tubes im-') mersed in a tank of heavy wa-| | ter produced only one watt! when it went into. operation. | | This is about the same power! generated by a flashlight. It was a far ery from the gi-| ant NRX and NRU_ experi- mental reactors that followed, but ZEEP still is in operation | giving scientists valuable in-| formation on development of new uranium fuel systems Unveiling the plaque will take place during the annual meet ing of the historical society at nearby Pembroke The meet opens with sessions at Pembroke Thursdayand Fri- day and moves to the AECL) site Saturday for a guided tour and the plaque ceremony Dr. C, J. Mackenzie, presi- dent of the National Research | Council when NRC started work on nuclear power in 1042 and 'later first president of AECL will be there along with Dr. W B. Lewis, senior AECL scien- tific vice-president. who later EARN UP TO $100. A WEEK OR MORE BIG PAY JOBS WAITING bookstore has for MARVEL GRADUATES Marvel Hairdressing Schools in principal cities offer ex- clusive "MARVEL TOUCH" | training Complete course DAY or EVENINGS. For free | brochure, write or visit | MARVEL BEAUTY SCHOOLS Established over 40 years Dept, OT, 219 Bloor St. W TORONTO Sibby's Real Estate Led. 46 KING 8T. W., OSHAWA in physics by the Canadian As-| sociation of Physicists. BUS BURNS TORONTO (CP)--A bus filled with school children caught fire on the Gardiner Expressway Friday, but no one was injured The fire is believed to have started from a seized brake REMOVE GLAND . JASPER, Alta. (CP) -- Re- moval of the entire prostate gland in cases of prostate can- cer has resulted in 73 per cent of the patients living for five years in cases where the cancer is confined to the gland, Cana 'dian urologists were told Fri- 'day. Dr. J. L. Russell, head of the urology department at St Michael's Hospital, Toronto ave the information in a report m the Canadian Academy of Urological Surgeons to the Ca nadian Urological Association's annual meeting MEETING SET OTTAWA (CP)--External Af fairs Minister Martin will con fer in Windsor, Ont., this week end with C.S.A. Ritchie, Cana | The worst picture comes from| news agenay reports |Vancouver and Saint John, N.B.| Asoned Sewkaiy, head of the |Dealers in both cities said) organization, was quoted as say prices were off $300 or moreling the Palestinians would since the beginning of the year.|*'stand by the side of the South| ne of the largest dealers inivietnamese liberation forces in Vancouver reported the decline) heir struggle against American was accompanied, paradoxi- imperialism." cally, with a 20-per-cent in-| He said the commandos would crease in sales jstudy guerrilla warfare from the Where business and prices|Viet Cong "to apply it later in Kennedy Backs US. Policies DAR ES SALAAM (AP)---Sen ator Robert F. Kennedy today defended U.S, Viet Nam policy before some of the top men of vanint« 64 after the company said it! papers .63 to 115.64, No Change Shown gy In Bond Market were down, dealers biamed tight money, and increased OTTAWA (CP) --Canada's heavy water program is ex pected to get back on the rails next week after a series of de- lays and technical problems Wednesday is the deadline set by Atomic Energy of Canada Lid, for Canadian General Electric to announce the site for its proposed 500-ton plant that will produce heavy water for an javerage price of $18.15 a pound dian ambassador-designate tO! aver = 1l4.year perind NATO headquarters in Paris Mr. Martin, NATO council of foreign minis ters who returned from the Brussels NATO con ference Thursday, will attend| a Canadian-American friend ship supper and service at the Detroit diocesan cathedral con ference Sunday. TRAFFIC HALTED MONTREAL (CP)--A_ wind chairman of the to Ottawa June 15 also was the deadline for Deuterium of Canada Ltd /to prove financial! ability to ex jpand its plant already under jconstruction in Nova Scotia. A jone month extension was granted earlier this week. While no contract has yet been signed for the General Electric plant, an AECL source said Friday that only minor de- tails remain to be worked out driven rainstorm caused traffic|and the final contract 'should chaos in the Montreal area Fri day and resulted in a closedown of a portion of the Montreal- the | 'ply 200 tons a year at $20.50 a Quebec City highway on -|be signed shortly." Deuterium of Canada already has a five-year contract to sup- north shore of the St. Lawrence| pound and has asked for an ex- River. NDP TO MEET OTTAWA (CP) The panded pact to bring it up to the terms of the General Elec- tric proposal. . New Democratic Party's federal RAN INTO TROUBLE council is to meet in Ottawa But Deuterium has had Minor Details Stall Start To Heavy Water Program June 17-19 and combine their| trouble financing the extension, the inevitabie war for the lib.| anzania's ruling party, He TORONTO (CP) eration of Palestine." said the United States wants the; generally unchanged at the| closing at 07% hid and 97% -- -- [people of South Viet Nam to! close of moderate trading on the! asked decide their own destiny, Canadian bond market this! Thursday' "The vast majority of the peo-, week day bills ged 5.10 jple of South Viet Nam, if left] Prices of short-term Canada) cent and 182-day bills down to themselves, would not choose| issues remained the same. with|per cent to 5.26 per cent 'Communism,' he said. "The|the 3%-per-cent, Sept, 1, 1966,| | The municipal market closed concern of the United States \s|issue closing at 99.62-62-09.72 quiet, The City of Peterborough to help people themselves de The long-term Government of|awarded an issue of $752,000 termine their future Canada bond market closed 4/1-to-10 and 1-to-15 year 61%4-per- natural uranium fuel from al "All we are asking Is for | Point easier from the previous| cent debentures obtaining a net number of countries while only\some peace in the country so\aveek with mid-term issues un-| borrowing cost of 6.38 per cent. the United States and Russia\there can he an election, If|changed. The 4'%4-per-cent, 1972.) The issue is reoffered at price produce enough enriched ura-|the people decide to have Com-|!ssue closed, at 92% bid and/to yield 6.90 per cent nium for foreign sales munism, the United States will 92% asked The corporate market during Canada now imports heavy|abide by it. If they choose some Long + term provincials were| the past week was fractionally if the General Electric contract|that." is signed and Deuterium. ex-| The New York Democrat, who pands its facilities, Canada will) flew here from South Africa on) surpary ry5U.S. in heavy water|a four-day private visit, was| las Point and jbing welcome when he arrived) AUTO INSURANCE Pickering nuclear power sta-jat the headquarters of the Tan tions being built for Ontario | ganyika African National Un Hydro are in operation, Canadajion party for a meeting with will have a heavy water sur-|some of its leaders wide shortage of heavy water is expected to exceed this sur-- PHILADELPHIA (AP)--Phil plus adelphia Phillies of the National Construction of the second nounced it was calling tenders|back to San Diego of the Pa- for the additional supply. cifie Coast League Friday Western Deuterium Co. Ltd. Craig had been on the disabled submitted the lowest bid and) jist since the end of last month was signed the company discov- ered that a new chemical pro-' cess for manufacturing heavy water had too many drawbacks water from the U.S, at pricesjother form of government, the | #180 down % point with the On-' easier. : P given a cheering, drum-throb- | plus. But by that time, also niant has been plagued by areb- League reinstated pitcher Roger planned a 300-ton plant at Este-|with an inflammation of the left Other bidders were invited to Prices were|tarin 5%-ner-cent, 1986, Issue bill tender saw 91 feat s nzed per per 02 If you are an Abstainer you save up to $22.00 on your auto insurance. See su JOHN RIEGER 597 KING ST. E., OSHAWA DIAL ie" 728-7567 slightly above $25 a pound, but|United States will abide by} DY arly in the 1876s Once the Doug early in the 1970s, the world- CRAIG RETURNS lems ever since AECL an- Craig and sent Gary Wagner van, Sask, but before a contract rib cage. The Essence of Elegance! take over but they also with. 170 miles of parks The new 18-hole championship Upper Canada golf course, in Crysler Farm Battlefield Park, is open for play. daily. Green fees are reasonable and season tickets are available. From Adolphustown, on the Bay of Quinte, to the Quebec border, 14 beautifully landscaped parks provide recreational facilities second to none on the continent. Many parks have sandy beaches, marinas, boat launching ramps, picnic and camping areas, The parks Upper Canada Village It is 1784-1867. You are there. A time machine drew ACTIVE IN FIELD Finally, AECL approached i General Electric directly to see has drawn you back into if it would build the plant, the 19th century, back to |General Electric already is act-| i cd L fe . hn "J ; the days before Canada's nationhood, All is peace- . | ful and serene in this aaa village, nestled on the banks of More than this, w you buy peace the mighty St. Lawrence. You'll walk poy pe fig lassaa lalong the corduroy roads of yesterday, TT tices Uy Glare oe new, One |past the inviting door of Cook's Tavern. oe ee eee every need. "The Upper Canada mail coach clatters Symbols of Superiority! jalong the King's Highway, At the smithy's © rn gumncemmcreagnot be atau, tena SHOP: YOUD Watch th honen wee deoen tile-smooth vinyl! liner, steel side @ Priced tomit your pocketbook a Ose m ete b OURO, one emon walls, skimmer, all plumbing and with little or no down mt. |strations of spinning and weaving. The equi with @ famous, self Short -- or ge ing |, + ca contained "AAG" compact filter! easily arranged irresistible aroma of fresh bread wafts © Three super slags te choose trom sates "mereasen fe valve' from the bakeshop next to Willard's Hotel 40', alt with' safety diving areal © Pleasure, Just, steps from you' where you can enjoy home-cooked meals in 'av POOL |1850 surroundings. History comes magic- ally to life at Upper Canada Village, located seven miles east of Morrisburg, on Ontario's scenic route, highway 2. Open back door, @ tifeti @ A Spartan pool is maintenance os8 daily from May 14 through October 16, closed sessions with three open| &s well a¥ getting its plant com. seminars, it was learned Fri.| pleted on schedule day. On June 18, economic na-| The Glace Bay plant are ex tionalism and policy for a guar.| pected to cause a delay of about anteed income will be discussed |two months information, write the Public Relations Officer, The St.' Lawrence Parks Commis- sion, P.O, Box 340, Morrisburg, Ontario. THE ST. LAWRENCE PARKS COMMISSION Hon. John P, Robarts, Q.C., LL.D. Prime Minister of Ontario free. Never needs patnting, scrap- EVENINGS 725-366" by members of the council, the aoe imac engoey is rty's rliamentary group,| wedded to the principle of us- Seadenice and trade winten (iN heavy water as a moder-|!ve in the nuclear field, build- members. ator in nuclear reactors, As|'n& power stations for Canada - such, the rate form of water not! @Nd for\ export only controls the nuclear fis-| arly this year AECL an a r London Trounces }sion process but also makes) "ounced it had been authorized The shear wonder, fun and convenience et your . possible use of cheap natural|>y. the federal government to very own pool ts mo longer @ dream, With @ Galt Senior 16-8 uranium for fuel enter into a contract with Gen beautiful Spartan an adventurous vacation be- Most other nations are us-/ea! Electric on the basis of| gins, filled with healthful, meaningful living tor LONDON. Ont. (CP)---London ing expensive enriched uranium| the ----. proposal for a a you and yours, |fuel which in most cases elim.|Producing a maximum o Pontiacs scored eight TURE In) i oi. the need for heavy water, | tons over 1244 years, MA OR the first inning and went on tO! while capital costs for a Cana-| There were two. conditions defeat Galt Terriers 16-8 in Sen-|dian-type nuclear power plant| General Electric had to select} ior Inter-county Baseball action/are higher--due to heavy water|'he site by June 15 and start! p here Friday night operation costs are lower production by mid-1969 | Pontiacs' first six batters, Canada is gambling that de There has been considerable reached base as they chased|sign refinements will make| Speculation about the choice of EQUIPMENT Galt starter 'Kevin Burke for|Power produced by its plants|'he site. Several communities in eight runs on seven hits in the|Cheaper in the long run alge ge Bap CANADA LTD. opening inning. , OPENS OTHER SOURCES region. Ontario Hydro an- 690 Drake St. 725-9151 Ed Petryshyn, making his! The heavy water reactors also|nounced Thursday it would) first appearance with the Ponti-|h ave a political advantage.|build a special power station acs, picked up the victory after/Smal! nations purchasing the|north of Cochrane if the plant walking 10 in seven innings. (Canadian plants could buy the was built there, i

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