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22 THE OSHAWA TIMES, Wednesdey, September 28, 1966 Lis Trev TLL Eee +1 +2 +5 + 2] 1% 75 2 18+ 2 wo Wo 0, W% WA A+ 9 1% We-- 2 % 660 35%) 34% 35 12% 1% lave 23 «TB 2 20 o 0 7 6M x ¢ 8 375 375 «375 13% 13% 13% wows soa 75 165 (175 +15 Ath Wh ta +" 20% 10% + % SeS88Ge2Es Ve 20% 870% 10% UW. B Mate "it 40 3 1' 64 Watt 3s 6 6 +h 2 7 n v v 7 87 + 2 $12% 12 let % 5 (165 (165 eidelhidel.cigt 3 50 50 15 915 915 ~=+15 00 5 Mm +5 jos 105 108 +3 Wh BY Ba+\'4 130 «(127,--«1 +9 we t+ 3 8 8 +2 +" a 2 4 1% 11% 1% nn n BBsesbiss Jesesisis im" u %& 6 505 500 yw 7 410 410 1% 11% 0 UR | ER ad 6% 500-15 Wat vi 67 1% 72 73 13 3 as We TULLE La g os oO o ot < 2210 Bell Phne BA Oil ¢ Clairione Clairton w Columbia Greyhnd Hard Carp H Wood b Hawker Home inland Ges inijand Gp imc int Nickel int Util int Util pr inter Pipe Intpr Steet James Sti Jefferson Labatf Laura See Lav Fin | M Lf Mills 4. BA a4 4% so 65 6 8 » ©» ® +1 7 106. «114s 12 970 990 0 «(+10 ee eam 465 5 + 8 400 S24a 242 24a + V4) 23a Ta 23% -- Va 22 +4 +% 034 + « ++ +44 wn wae +t 4 Bane +t4+14+4++4] pomere rer ert 1000 OILS, GAS 420 2 $13 7s 460 $00 560 w 518 5000 Aunor Mass-Fer Met Stores | Montex Mont Moore Noranda Nor Cll @ Ocean .¢m Ogilvie Ont Store Oshawa A Slater Sti Steel Can Tor Iron W Traders A Trader 65 w Transair Tr Can PL Trans PPL Un Carbid White Pas Coch will Kerr Add Provo Sherritt iscoe Unt Keno SBRSSLSESESTELESRe Sues 32 ee SSSSLELSeSSSTESSshae 8 l++ mae Y Suzuek Bestel | +++ 2 wges- | $10% 10% $4 BM 33 5 oe 504 -- W4-- 2 56% ve 13" 19%) + % 3 130 +% 40 W% 12 +% 500 800 6800 7 Sed Tae 10% 562 Wa We W% BUSINESS SPOTLIGHT LARRY DWORKIN TORONTO (CP)--The Toronto Stock Exchange's Jong-term pol- icy of trying to attract more bd prestige stocks to its trading lists, while weeding out some 'lunsavory penny speculatives, is showinf results. In the last*10 years this pol- icy--which the exchange says is *\ intended to attract investors:~ has been the number of indus- 'Toronto Exchange Drops Small Mining, Oil Stocks trial. issues' lited rise to 679 from 534, In the same time, the number of speculative mining' and oil listings has dropped to 426 from 536. Although the exchange insists the policy is not designed to dis- criminate against the specula- tives, not everyone is happy with the trend on Canada's big- gest stock market, There has been repeated talk Buys | NEW YORK (CP) -- The | American Broadcasting Co. and \the Columbia Broadcasting Sys- 935% 35% 35% + "| tem have completed three deals 812% 12% 12% 634 a 7% 7% 0" 1% 1% 44 4i"-- "ao # ao 40 40 +5 20% 20% $2) 212 21+ % 70 270 2770 +5 $152 15% 15% $18% 18% 18% + % $12" 12% Ite -- Ve $54% 54% Shh + Va 550. 530 55 650% 50% 5% + $54 5S 12% ta+% 18% 7 we 29% 25%4 25+ % inn 400 490 9. + 1S $1642 16% 16% $242 242 Ve $144 144 4%+% 39 350 350 --S $16 % 1% 375% 75% 75% 4 4a + Ve 50 8B sii' 1% 1% 100 $17% 17% 17%-- % $13% 13% 13% 245 245 245 SU% 4% 14% worth a total of $92,000,000 that will permit them to show fea- ture-length motion pictures on television prime time for the next -five years. Executives of the two corpo: ,|rations released these details Tuesday: ABC will pay $19,500,000 to " 20th Century Fox for 14 films, including $12,250,000 for the multi-million dollar epic Cleo- patra, which will be shown in 1971; ABC also made a $20,000,000 deal with Paramount Pictures involving 82 movies; CBS made a $52,800,000 deal with Metro-Goldwyn-Mayer for the rights to 63 film properties. | All agreements include what lare referred to as block-busters lof the cinema world. | 'The biggest is Cleopatra, star- ring Richard Burton and Eliza- beth Taylor, which cost $31,115,- 000 to make. It is reported that '| $92 Million Television Deal Great Movies Rights {sale of the TV rights means that the picture will make a profit of almost $2,500,000, It was also reported Ford Mo- tor Co. paid $1,200,000 for the first showing on television Sun- day of the film The Bridge on the River Kwai. The company also paid the ABC network $600,000 for time on the air. Network officials said audi- ences have shown an increasing about setting up a second mar- ket to handle small mining and oil companies, leaving the ex- change to handle industrial is- sues, "If the Toronto exchange wants to pretend it's the New York exchange, I suppose there's nothing a small operator can do about it," says one pro- moter. "But it makes it tough for a company to do work." SET POLICY The decrease in listings of mining and oil issues was ac- celerated during 1964 and 1965 | by revisions' of the exchange's listing requirements and by the introduction of a delisting policy |a year ago. | This delisting policy was |spurred by two public reports, }one of which labelled the ex-| |change "a private gaming|@ club," Their surveys of ex-| change operations were rated the most critical ever levelled against the Bay Street pillar. Since the beginning of 1964 a total of 60 stocks have been su- | spended and another 23 de-| listed. re a appetite for feature films in the evening, It is felt that the deals will spell the end of pay-as-you see television. The CBS-MGM deal involves 45 pictures from the M.G.M, li- brary and 18 new films that will be distributed prior to television use, | Some of the titles that will be seen on one or the other net- work: The Greatest Show on Earth, Hud, Mantrap, Shane, The Magnificent Men in their Flying Machines, The Agony and the Ecstasy, The Robe, Cat on a Hot Tin Roof, The Night of the Iguana, and The Glass Bottom Boat. | OTTAWA (CP) -- The Cana- ldian aerospace industry has |made a comeback in tne ilasi | year. "We aré the major exporter, next to the car makers, of so- phisticated 'manufactured prod- ucts," says Dave Golden, presi- dent of the Air Industries Asso- ciation of Canada. | "We are genuinely competi- . tive internationally," he said in --* | an interview Tuesday. "We now ' 10% WA+ % 67% + sie 310% $67%4 67% $10 610 355 355 200 600 600 570 500 200 125 250 300 1240 35 r2) 1590 20 225 100 597 240 225 908 300 520 4300 180 200 FO EIGN TRADING 100 325 325 100 100 1900 6% 10% -- Ye 2 ---V 57 55a -- Va Me 33% a 10% 125 128 460 460 460 $294 Ve 0e-- % 38% Be the $21% 21% 21% $10 %o 0 230 25 225 --S§ $26¥e 26%e 26% $182 182 18%a-- 770 770 770 +85 99% 7% 9% 325 385 385 +25 450 450 --15 480 480 480. mB 360 355 360 +10 700 700 700 TORONTO (CP) -- A royal) multi-million-dollar collapse commission Friday heard evi-| Atlantic Acceptance Corp. dence that shifting sand off a Bahamas beach created a $100,- Accountant Bernard Wolfman testified that Daylite of Grand|to 166.85, base metals 85 $12% 12% 12+ Vj sell to about 50 countries." The association, representing 90 companies, meets in Victoria Oct. 24 and for one day will discuss how to increase exports of aerospace. products such as aircraft engines and electronic |equipment. 'STOCK MARKET | | TORONTO (CP) -- The Tor- | onto stock market gave way to | selling pressure Tuesday as -& |morning rally turned into & slight decline. The industrial index slipped 12 to 145.06 after it had been as high as 145.63. Industrial Acceptance paced the decline, falling 1% to 20. Falconbridge retreated 1 to'a low of 85%. Inco gained 1% to 87% and Trans-Canada Pipe | Lines 1 to 29%. A total of 4,740,000 'shares |were traded against 3,383,000 |Monday. ae a Area and Frovex; jomily aril jing on the Gaspe property of |Wexford ' Mines, tumbled on news that hole No. 23 showed ino mineralization after 500 feet lof drilling had been completed. Area slid 25 cents to 2.01 on 242,000 shares and Frobex skidded 29 cents to 2.01 on 367,- 000. On index, golds were off .15 09 to Caiadian Aerospace "Industry To Record Heights Among speakers at the meet- ing will be Trade Minister Win- as aad Bis deputy, <. 2. Wer The Canadian aerospace in- dustry now is employing 41,376 persons compared with 35,700 last year. Gross value of products in the first six months of this year is $292,500 compared with $539,- 000,000 for all of 1965. Exports for the first six months of 1966 are valued at $163,300,000 compared with §251,- 000,000 for all of 1965. Mr. Golden said the defence production department is no longer the only customer of the industry. The increase in sales since last year was almost en- tirely commercial, he added. "PRODUCE TORONTO (CP) --Wholesale to retail carton eggs average weighted prices quoted by the department of agriculture as of Tuesday: A large 66.2; A me- dium 63.4; A small 46, Eggs: Wholesale price to country stations fibre cases quoted by the Toronto Board of Trade from wholesale egg deal- ers; Extra-large 59-60; large 58; medium 54-55; small 39; B 40- 43; C 35. Butter prices: Agricultural Stabilization "boara "tenGgerabie carlots: Buying 40. score 59; buying 39 score 58; selling 59. Auto Dealers Will Hike Prices TORONTO (CP)--Local auto dealers 'said Tuesday they will The now a company's shares if it has less than $25,000 in net liquid assets and doesn't carry out apprecia- ble exploration or development work. The exchange also specified that a company have working capital of $75,000 over and above the cost of acquiring a property or other specified assets. Previously the amount was $50,000 which could be used in part to buy property or other assets. COMPANIES C Larry Labow/ Toronto pro- moter who~ mtly had one of his companies suspended, says the exchange has "'chastized: a number of good companies in order to rid-itself of a few bad! apples."' " me : | He says that because of to-| ITICIZED day's tight credit conditions "it 1 ie taueh ta finance a eomnanv-- ii and the TSE instead of growing with the times is making con- ditions more difficult," working capital requirement be- cause "you can find 'a mine with $30,000 as well as $75,000." "The exchange definitely doesn't want junior companies listed and what is needed is a separate mining exchange with a separate board of governors." However, a spokesman for one of Toronto's largest brokerage houses says the exchange's pol- icy "ensures that a company will have adequate funds to carry out reasonable explora- tion," | He also says he has heard no objections to the policy from any of the other large houses. Rh eh ea BUSINESS BRIEFS By THE CANADIAN PRs FARM PRICES FALL Lower prices for livestock and| potatoes brought a 2.8-per-cent' decline during July in an index | of farm prices of agricditura" products, the bureau of statis- \ties reported Tuesday. The in- | dex was 270 in July and 277.9| in June. | } PLAN POWER PROJECTS Canada will lend Argentina up to $756,000 for a series of pre-investment studies, the ex- ternal affairs department an-| nounced Tuesday. The money) likely will be used to study the feasibility of hydro - electric power projects, REPORTS PROFITS Distillers Corp. Seagrams Ltd. announced in Montreal net profit of $45,076,282 or $2.57 a/ share for the fiscal year ended| July 31, 1966, compared with $41,058,784 or $2.34 a share a} He als criticizes the $75,000\™ 'YORK PEARS LEAN, WELL TRIMMED SMOKED PICNIC SHOULDERS 4 Nr att TABLE-RITE SLICED MEATS TABLE-RITE SKINLESS, PURE PORK SAUSAGES Z SAVE 40¢ -- CHOICE IGA PEAS 8 SAVE 444 ~~ HEINZ SPAGHETTI 7 SAVE 23¢ -- HABITANT 15-02. TINS 18-02, TINS SAVE 355 -- MODERNE U TISSUE 2-ROLL PKGS. MIDI LIGHT or MEDIUM NYLONS 371 9-11 SAVE 32¢ -- IGA CHOICE TOMATO JUICE SAVE 40¢ -- CHOICE BARTLETT $] oar 81 2 PAIR 15-OZ. TINS | '] | | 8-02. SAVE 38c -- CALGATE DENTAL CREAM SAVE 18¢ -- IGA MILD COLORED CHEESE CUTS Lownevic BRIDGE MIX SAVE 35¢ -- McVITIE BISCUITS PKGS, | DEMPSTERS ONION ROLLS 36° Se sea aa mica diaipuiensaienin neiuapaleianmammmumesiatiaseaemmeeetaanal PRICES EFFECTIVE SEPT. 28, 29, 30 & OCT. 1 2 GIANT SIZE 12-02. cuTs 13-0Z. PKGS. PKG. OF 4 » PIES LE PP POE IP POON visit your local | during the next 6 weeks - Entry blanks are available at the checkouts, PEUGEOT'S UMBRELLA WARRANTY COVERS THE ENTIRE CAR FOR ' 24 MONTHS OR 50,000 MILES enter today 33° "hia". 39° uo. 13° "ae 81 37 41 'hae 7 READY TO SERVE BOLOGNA LEAN, MEATY SIDE SPARE RIBS SAVE 40¢ -- IGA CHOICE APPLE JUICE SAVE 32¢ -- DELMONTE FANCY PEACHES "Siices" SAVE 126 --CLOVERLEAF COHOS SALM SAVE 306 -- PEP DOG FOOD SAVE 19 NESCAFE INSTANT AAMT 1.032. VUIT LG FREE SAVE 23¢ IGA SUNNY MORN '] '1 SAVE 47¢ --~ PILLSBURY SAVE 77¢ --- WESTINGHOUSE LIGHT BULBS 35, {%,%¢3 3° 100 WATT @ OF 2 $1 IGA OVEN FRESH SAVE 23¢ KRAFT CANADIAN CHEESE SLICES SAVE 30c -- IGA PARCHMENT BOOTH FROZEN FISH STIXS CLARK'S FROZEN Chicken, Beef, Turkey, Steak & Kidney 24.02 LOAVES 8-0Z. PKGS. 1+LB. PKGS. 14-02, PKGS. 8-0Z. PIES Bahama, a subsidiary of a Tor-| 9g,28 and the TSE .07 to 138.88. onto company financed through ~---- 7 ee a Atlantic, had paid $232,000 as a BOND MARKET down payment on land. from| {Grand Bahama Development} | TORONTO (CP)--The Cana- |dian bond market closed gen- | Corp. } When Atlantic collapsed in| erally higher in a session of light trading Tuesday. June, 1965, Daylite was put into Short-term Government of bankruptcy. Daylite's liquidator frisg So: art te Saeaere eck; Canada bonds closed up 10 cents with the 4%-per-cent Oct. 1, implement provisional increases | of $50 to $75 a car if they are| without official manufacturers' prices when the 1967 models go on sale Thursday and Friday. In a series of interviews, the dealers say they expect manu- facturers' prices will rise by at least that much because of the installation of extra safety equipment. year ago. NET EARNINGS | By THE CANADIAN PRESS Bethlehem Copper Corp. Lid., six months ended Aug. 30: 1966, $2,961,065, 56.7 cents a share; 1965, $1,233,110, 23.6 cents. Canadian Export Gas and Oil Ltd., three months ended July 000 puzzle as a sidelight in the Stowaway Survives MEXICO CITY (AP)--A 17- year-old Mexican stowaway was SWEET AND JUICY VALENCIA ORANG but Grand Bahama insisted it | was owed $100,000 for sand and $ 3=1 home safe in Queretaro today after a four - hour 2,000 - mile flight from Colombia in the wheel compartment of a jet air- property. | fill that had been sold off the) 1967, issue at $98.70 bid and | $08.80 asked, Long-term Canada and pro- } Mr. Wolfman testified that) yincial issues were up 14 poi " : ; { sues point liner where the temperature|San Jose Construction Co. ap-| with the Government ot Canada United States manufacturers recently announced 1967 in- creases from $54 to $66 and Toronto dealers feel the Cana- dian price increase will be in 31: 1966, $13,000; 1965, $128,000, Distillers Corp. - Seagrams Lid., year ended July 31: 1966, $45,076,282, $2.57 a share; 1965, $41,058,784, $2.34 in Unired CATALOUPES SIZE 45's CRA OF U.S.A. --- OCEAN SPRAY 16-0Z. KG, '] States funds. l was as low as 45 degrees below|Parently had moved the sand) 41, ner-cent Sept. 1, 1983, issue|the same range. RoyNar SYSTEM Mf. OF FINANCING | provides term loans for almost any type of industrial or business project. WRITE...PHONE...OR VISIT... any District Office of RoyNat Ltd., HALIFAX, MONTREAL, TORONTO, WINNIPEw, REGINA, CALGARY, VANCOUVER... or enquire through any branch of THE ROYAL BANK OF CANADA MONTREAL TRUST COMPANY BANQUE CANADIENNE NATIONALE © THE CANADA TRUST COMPANY GENERAL TRUST OF CANADA CAN. Ne. 1 GRADE B.C. BARTLETT PEARS WE RESERVE THE RIGHT TO LIMIT QUANTITIES 6 SIZE 39° 135's r DYL'S IGA 166 Adelaide Ave. &. hewa MOTOR CITY IGA Ritson Rd. $. Oshewa LANSDOWNE IGA Lansdowne Shopping Centre COLLEGE HILL Cubert St., Oshawa BECKSTEAD IGA Courtice, Ontario BRAEMORE IGA Stevenson Rd. N. at Annapolis Ave. BILSKY IGA 120 Wilson Rd. S. Oshawa Supplied by THE OSHAWA WHOLESALE UMITEO & supply depot for progressive independents WHERE YOU ALWAYS GET A LITTLE MORE THAN YOU EXPECT zero. and fill. He introduced docu-| qioted at 861% bid and 86 "T was really scared part ot Presi showing that Daylite| asked. In evincials, the pies vas Garcia, "but I made it, and|onto--who is to testify next! 1977, closed at 98% bid and 83 that's. what I wanted to do--get| Week--became president of San| mar ate aia: Francisco said he got home-| San Jose had recorded in-|§ per cent, sick after six months in Colom-|come of $103,063 and a profit of Reena to take a plane back to Mexico.|. Mr. Wolfman said he had) And it would have taken too|been unable to locate any con-| DIVIDENDS a freighter--the way he went to|Daylite or between San Jose| Canadian British Aluminum Colombia. and Grand Bahama Develop-| Co. Ltd., class A 40 cents, Oct, high as 34,000 feet through air/sand and fill, However, there! Canadian Vickers Ltd., com- temperatures as low as 45 de-;was a letter from a Daylite}mon 25 cents, Oct. 15, record The lad was cramped into the| an informal agreement that San . Industrial Adhesives Lid., 7% wheel well so tightly that after| Jose was to excavate for a 10- cents, Oct. 31, record Oct. 4. early Tuesday he could not get|thus saving Daylite future cost.| down and had to call for help|In return, San Jose could selj|Dec. 28, record Det. 14. plane. othe? sand off the property. cents, Nov. 1, record Oct, 15. 1 the time," said Francisco Cue-| President Eugene Last of Tor-|tarigo Hydro 6-per-cent July 5, home as quickly as possible." (Jose in September, 1965. Day-to-day money traded at bia but didn't have the money / $45,411 for sand sales. long to work his way home on|tract between San Jose and| BY THE CANADIAN PRESS The four-engined jet flew as;ment covering removal of the| 19, record Oct. 5. grees below zero, Watkins said. | vice-president saying there was| sept, 30. *he plane landed in Mexico City| storey building on the property, Southam Prees Lid, 90. cents, tomechanics servicing the | the excavated material and) McCabe Grain Co.' Lid, &