The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

TELESLLLULL ELL ee GR Oo a Pee Ce Ce Le STOCK 0 AM. STOCKS TORONTO 10: Ay cr = = _ si Fj 325353333 533 Feiig 2833 S10% 10% 10% + Ve 0 +2 3) 3 13 +h 25 S014 4 20M a ao 7 3 im. 8 813% 19% 13% + 4) he i i | 900 917 1177: O17 1 | 202 202 202 «+174 20 " 2 2 100 (100 2 = 103 0 eA 50 $2344 DY WA+ 1 610 338 S882 ss J 3 440 2 15 a3s 278 as 2 20 iM 25% 340 ns + ps vs ~ 500 495 - moa oo 20 6} 925% 25 + Mo 340 - 1 esISE Ze FSS uy rqSRsessses 3 Sesser ashsSr esses Sersu" ae -- ssdegesistsestesedcz Ssh8Bve<e 4 34 NM MS 30 40 Was si0% 10 «(10 200 475 475 475 200 $3244 324 225 $27 22% 1480 $27\2 300 % 319% 318% se $544 302 | Ind Wire | Int Nickel | Salade Shell inv p CPR ss 40 740 Guer Trst Hawker § 100 W235 700 230 2] Hays Dna Home A Home 8 Husky Ol! REPO 47 12404 12 20% ol $19 225 89% 9% 9% 210 410 405 410 om 10% $10% 7 $2) 2} $224 22% 11% 11% $524 RT ee 83% = 160 -- Ve 1a Va + Mh ri] 224 -- % i 522 524 Ve 220 $21% 21% 21" int Util 510 intpr Pipe 60 610 9 188s 200 145 VWs 700 640 260 'ee a 3 240 $24% 24% S| 490 «490 200 $12% 12% $10) 9% $274 27 $19 18% 400. 395 7 7 812% 12% 06d $104 10% Wa+ Ve 420 sli" 11 Shell inv w Sheli Can Simpsons Stater Sti Southam $4 (13% 38 8 $8 ' au 4% $10 )=-- 10 $e A 821% ng 160 «(180 «(180 a 685 We We sia $5)" Sie bhe 36% 81% W414 + a Bat Va 312% $25 $244 810% Hd so ws 370 $8 8 824% 4% 10 00 325 si 9% Sie We 300 430 430 430 z 29365 365. 365 06S $89 68 BE + cal om uM a) Wat 9% Ve 7 = Ve 18% -- bie 1 5 Ss 10 7 2% 0 5 ee a Na+" 4+) 8 oes 41% un 7%+ ' 5" 6M 14% 867% 672 67a Ve 5 se Me $2644 26% W4-- 40 650 650 521% 21% 21% -- Ve) $7% 7% 217% + 0 = Liked Ags $574 S74 57% $35 $0 $244 Sage $18 87% 23% Aba ' ™ 250 250 250 } 255 255 255 +8 | S19% 19% S10Ve 10% on 6 a4 a+ wv ™ 19% 10a -- Ve! Nv 200 380 380 75 8234 TM BM4+ 4 "s+ S 1900 3465 365 45 20% 2% B+ Te 1% 2s 1000 105 105 = 105 20 vo 382 100 $244 4 M+ 120 $17% 17% Faces seo so) to) «(Ol 1 24 $24% 24a 24) Sales am. 5 "roreion TRADING 120 120 12 + nico an wit Daering Dickinson Gunner Sherrit-@ 500 1000 Un Accep Upp Can Un Keno + 668,000, 20 220 m0 % Ss Mo 10 --1s +10 | --0 | lowers wave resistance to their ) Oo + +' tm Ve 70 10 a --% Vv ~~ v BUSINESS SPOTLIGHT By JANE BECKER TORONTO (CP) -- Two new ocean + going lakers, specially built to withstand winter rigors on the Atlantic, are pointing to a new future for Seaway cargo carriers. The 18,800-ton Cape Breton Miner and the 20,600-ton On- tarlo Power, built at Port Wel- ler, Ont., for Upper Lakes Shipping Ltd., are made from thicker, stronger steel than con- ventional lakers. They have seven watertight bulkheads separating tie iivia compartments, compared with about four on most lakers, and their bulbous bow design helps break: up choppy water and hulls. They cost 'BUSINESS BRIEFS TIRE CORD PLANT OPENED The Firestone Tire and Rub- ber Co. of Canada opened in Woodstock, Ont., a cord plant Tuesday, its seventh plant in the country, to supply Fire- stone's tire plants in Hamilton, Calgary and Joliette, Que. D. Morgan Firestone, president, said the plant was built to help meet an increasing demand for tires in Canada. He also an- nounced that a $4,000,000 nylon tire plant will be built adjacent |to the plant opened Tuesday. HEADS SOFT DRINK FIRM David J. Mahoney, executive vice-president and director of Colgate - Palmolive Co., was elected Tuesday president and chief executive officer of Can- ada Dry Corp., it was an- nounced in New York. Mahoney succeeds Roy W. Moore Jr. who becomes chairman. Mahoney also will become a director of Canada Dry, a soft drink and liquor firm, BUY MORE INSURANCE Canadians bought about $7,085,000,000 worth of life insu- rance in the first nine months of 1966, a 4.6-per-cent increase jover sales in a similar period) jlast year, the Life Insurance |Agency Management Associa- tion reports. September sales| were about $831,000,000, against | about $10,250,000 3g day 2. 14/ $826,000,000 in September, 1965. Ontario led the provinces in in-|ended Aug. 31; 1966, $1,183,000, each ---about. $3,000,000 more than the conventional laker but already, say their owners, they are proving well worth it. RUN CARGO In summer, the Miner and the Power ply the Seaway trade. In winter, when most lakers are tied up st lakes docks, they run cargo across the Atlantic, or down the U.S. easi coasi. The problem of what to do with a laker during the four months the Seaway is closed has been nagging ship-owners for years, Sume ysoscis SSS a small fee--about $25,000 is usual--as grain storage units. The majority simply tie up and deteriorate. Until the Miner took to the seas two years ago, the tricky matter of designing a ship for both trades hadn't really been solved. Because of Seaway limitations, an efficient laker must have a maximum draft of only 25 feet six inches and a beam no wider than 75 feet. To get maximum cargo space, most lakers are about 10 times as long as they are wide, and square-bowed. "They'd break up in an At- lantic storm," one captain ex- plained, HAUL COAL The Miner and the Power were built for the ocean be- causé their main job is hauling coal from Dominion Steel and Coal Ltd's, Sydney, N.S. mines to the Ontaric Hydro electric Power Commission stations on Lake Ontario. Since Sydney is about 200 miles further into the ocean than most, lakers vent- ure, ocean + going capabilities are vital. The winter scean trade has worked well for the ships' own- ers. In its first winter, the Miner made two trans-Atlantic trips, carrying Canadian grain to Rotterdam and U.S. grain to Antwerp. She also loaded ore at Sept-Iles, Que., where the NET EARNINGS By THE CANADIAN PRESS Glen Lake Silver Mines Ltd., year ended July 31; 1966, $347,- 464; 1965, $366,720. Ocean Fisheries Lid., year surance sales, with a September /90 cents a share; 1965, $1.000 total of $222,000,000. ELECT PRESIDENT H. W. F. Whiting of Toronto} |was elected president of the Au- tamotive Transport Association of Ontario Tuesday at the close of the p's annual conven- tion in Toronto. He succeeds M. D. Davis of Toronto. Other offi- cers elected were: B. W., | Tuckey, Exeter, first vice-pres.- | ident; H. G. Nickel, Listowell, second vice-president; L. J. Thi- bodeau, Windsor, secretary; and A. T, Hume, Toronto, treas- urer. | FAITHFUL STILL READ |; Religious books. account for | |more than 10 per cent of all the | books in print in English. MEN'S WEAR SANTA'S FOREMOST FINE CLOTHIER, The Way To A Man's Heart, Is Through Our Front Door. OIr *Never Press Sport Shirts Styled and Imported by Black's Shirts by Forsythe & Hathaway Colognes by Jade East, Brut & Ceaser Sportswear by Jantzen Sweaters by Gino Pooli, Tony Day, Joy Berma and Porker of Vienna Handsome TV Gowns Shoes by Slater Hets by Dobbs Cuff Link Sets styled by Block's Gloves, Vests and Ties Gift Certificates LADIES ... VISIT OUR ~ =---- MAT OFNIN MEN'S WEAR LTD. ESTABLISHED 1924 74 SIMCOE NORTH OPEN FRIDAY TILL 9 000, 82 cents. |..Union Acceptance Corp. Ltd., nine months ended Sept, 30: 1966, $369,000, 27 cents a share; 1965, $549,000, 62 cents. Seaway Cargo Carriers Carry Atlantic Freight navigation season ends later than on the upper lakes, and in Venezuela for U.S. east coast ports. This winter the Power will be in drydock for minor repairs. But when the Seaway _ of- ficially closes Dec. 3 the Miner will be on the way to northern Europe with grain from Duluth, Minn. Later she'll return to Sept-Iles, to load iron for Syd- ney, running down the U. coast or crossing the Atlantic once or twice before returning ta the Seaway April 1, There are a number of break- ers to ride before Canadian firms can steer a clear course into the ocean trade. One is the expense of one-way deadhead- ing, usually inevitable on trans- ocean runs because Canada im- ports few bulk raw materials. Another is the cost of running Canadian ships against stiffen- ing international competition, Shipping officials say a British vessel can carry cargo from Sept-lles to Sydney for two- thirds what it would cost a Canadian ship, mainly because of the difference in seamen's wages. DIVIDENDS By THE CANADIAN PRESS Codville Distributors Ltd., lass A 7 cents, Nov. 30, record Nov. 15, British American Bank Note Co. Ltd., 50 cents, extra 90 cents, Dec. 15, record Nov. 30, Kelvinator of Canada Lid., common 25 cents, Dec. 29, rec- ord Dec. 9. R. L. Crain Ltd., common 18 cents, Dec. 30, record Dec. 9. Couvrette and Provost Lid., Class A 3 3-5 cents, Feb. 15, record Jan. 31. Con. Paper Corp. Lid., com- mon 50 cents, extra 10 cents, Jan. 13, record Dec. 2. Texaco Canada Lid., 4-per- cent pref. $1, Jan. 20, record Dec. 31. Stafford Foods Ltd., 10 cents, Dec. 30, record Dec. 8. Salada Foods Ltd., 10 cents, Dec. 15, record Dec. 1. Ontario Steel Products Ltd., common 25 cents, extra 30 cents; pref. $1.75, Feb. 15, rec- ord Jan. 16. Canada Iron Foundries Ltd., 4%-per-cent pref. $1.06%, Jan. 16, record Dec. 16; common 25 cents, Jan. 2, record Dec, 2. U.S. additional thousands of owners DETROIT (AP) --The U.S. auto industry, already beset with a sales lag and production cuts, now is worrying about the possible effects of a safety- call campaign involving moi than 500,000 cars and trucks. vag officials -- uesday reports from Washing- ton that a wide variet yof po- tential auto safety hazards had been discovered in recent months. ; It was small consolation to U.S. manufacturers that some foreign competitors, ranging from the swanky Rolls Royce of England to Japan's Honda motorcycle, were in the same boat. The majority of the 527,962 U.S.-built cars and trucks in- volved in the recall were checked ou in recent weeks, but were sent notification by regis- tered mail that a_ potential DON'T EXPECT RECALLS Spokesmen for three major Canadian auto manufacturers said that their companies do not foresee any major safety recalls on 1967 models. The companies are'General Motors of Canada Ltd., American Mo- tors Canada Ltd. and Ford Safety Recall Campaign Worries U.S. Auto Makers A spokesman for Chrysler of Canada Ltd., said 2,075. 1967 Plymouth Valiant and Dodge Dart cars were involved in a latch defect, v4 the industry reported came as re} mid-November car sales trail- ing 1965. The sales lag has caused all four major automobile firms to slice production. Owners of recalled cars were told that costs of labor and re- placement of parts would be met by the manufacturers, The recall is the first' con- ducted with the U.S. govern- ment as watchdog in accord- cently enacted Highway Safety Act of 1966, I res auto manufacturers to notify the U.S. government promptly if they discover any car defects after the vehicles go on sale. ~ On cars and trucks built in ine Unites Staves, main aciccis are faulty braking systems and throttles which could stick at ugh speeds, the government said, In the import. category, the defects ranged from slipping gearshifts on Honda motor- cycles to defective brake hoses on the Rolls Royce' s Silver. Motor Co. of Canada Ltd. Shadow line. By KEN CLARK OTTAWA (CP)--The good far outweighs the bad in a govern- ment assessment of Canadian agriculture that indicates wheat exports will remain a main sup- port of the farm economy. Wheat exports in the current crop year are forecast at 530,- 000,000 bushels. The annual range to 1970 will be 475,000,000 to 550,000,000, with long - term contracts with Russia and China areny responsible for the high evel, The export projection com- pares with the record 586,000,- 000 bushels of wheat and wheat flour exported in the last crop year ended July 31. The reports were presented Tuesday to, the ann federal- provincial conference of agri- culture ministers. The two-day meeting ends today. Wheat export returns played a key role in the government forecast of total cash income of $4,000,000,000 or more this year and again in 1967 for Canadian farmers, The previous high was $3,800,000,000 in 1965. NET INCOME RISE The surge past the $4,000,000,- 000 mark. will be accompanied by an increase in net income to Giant Yellowknife Mines Ltd., 15 cents, Dec. 28, record Dec. 5. almost $2,000,000,000 from $1,- 700,000,000 in 1965. PRIZES TO BE WON OVER A 10 WEEK PERIOD INCLUDE... The New CAMARO Ontario Motor Sales 2, 7 day vacations to HONOLULU via CANADIAN PACIFIC AIRLINES 4, winter vacations for 2 to the BAY MOTOR INN and SKI VILLAGE ELECTROHOME portable TV PARKWAY TELEVISION $1,540 in MERCHANDISE VOUCHERS LAATAR ent Wwe Bonus Draw Sat., Nov. 26 Winter Vecation for 2 to the tmnt 24 CMI VILLAGE PERE ARE LAST WEEK'S WINNING ENTRY COUPON NUMBERS HOLDERS OF o D SAVINGS CORPORATION, OR NATIONAL TRUST COMPANY. WINNING STUBS MUST 26th, 1 Tet PRIZE $30.00 -- 187361 2nd PRIZE $25.00 -- 765854 3ed PRIZE $10.00 -- 367118 4th PRIZE $10.00 -- 584 Sth PRIZE $10.00 -- 766933 6th PRIZE $5.00 -- 21075 7th PRIZE $5.00 -- 40630 Sth PRIZE $5.00 -- 998438 9th PRIZE $5.00 -- 85493 TOth PRIZE $5.00 -- 186319 Tith PRIZE $5.00 -- 189701 12th PRIE $5. oo -- 628574 state, . from 6 Entry iP identified with "Win « Prize" benners, TOWN Wheat Exports Will Remain National Economy Mainstay The reports held out no hope of a net income increase next year. Rising farm expenses may leave net income the same o gd a little below the 1966 evel. dealer check for a possible door |Tyesda U.S. defect disclosure |sha ance with provisions of the re-|Scurry THE OSHAWA TIMES, Wednesday, November 23, 1966 97 STOCK MARKET TORONTO (CP) -- The Tor- other sharp drop in light trad- index declined for its fourth con- secutive session. The index, which slipped .99 Monday, was down .82 to 143,51 esday. Volume was light, 2,497,000 res ig hands com- pared with 3,373,000 M 0 Union Carbide fell 1% to 19%. Moore Corp. was off 11% to 84%, Imperial Oil % to 53, Trans- Canada Pipe Lines % to 24 and Alcan % to 27%. General Motors slid 1% to a yearly low of 74. The oil index, which plunged 2.48 Monday, fell 1.00 to) 116.42. Canadian Superior was off 14 to 254, Dome % to 28% and Rainbow Banff and % each to 19 and 14%. Area and Frobex, jointly en- gaged in a drilling project in the Gaspe, slid 35 cents each to 2.95 on 128,000 shares in profit- taking. On index, golds were down .70 to 139.36, Dase meiais .iz io 85.91 and the TSE .78 to 137,40, PRODUCE - TORONTO (CP) -- Wholesale to retail carton eggs average weighted prices quoted by the department of agriculture as of Tuesday: A large 66.4; A me- dium 61.9; A small 48.4. Eggs: Wholesale price to country stations fibre cases quoted by the Toronto Board of Trade from wholesale egg deal- ers: Extra large 61-62; large 58- 60; medium 54-56; small 42-44; B 42-48; C 35-38. carlots: Buying 40 score 59; buying 39 score 58: selling 61, To enjoy holiday shopping at your convenience i Pat for a cash advance Shopping with ready cash can help you complete your holiday preparations early , . . and getting the you need to do it is a simple matter at your GAC money office, You'll get prompt, personal service and convenient monthly payments fitted to your budget, Stop in or call, Get a cash advance from GAC for home furnishings, holiday travel gift-buying, new clothing, ++» Of for any good reason. LOANS to Te crane GAR) svc wreenariont FINANCE CORPORATION, LTD, o 52% Simco Street, North SHAWA Phone 728-7325 --------------RICHMOND HILL. 20 Yonge Street, South Phone 884-4458 TORONTO---- 25 Bloor SNe ars Street et. srcads Phone 924-7731 2290 Dundas Street, West... (Front of 3034 Danforth Avenue Phone 537-1217 Phone 699-9687 (Opposite Shoppers World) 64 Vaughan Road.......... gesves sce Phone 534-8816 {At St. Clair Ave., W) 2645 Eglinton Avocet, East. Phone 261-7276 Eglinton at Brimley Road) 944A St. Clair Avenue, West (St. Clair at Oakwood) ie at 2087 Yonge Street Phone 531-1197 «Phone 481-6836 o+«Phone 767-3161 onto stock market suffered an-| dian ing Tuesday as the industrial! day BOND MARKET TORO ~F ao (CP) ~ The io Tues- Pn pt AB me " with the 4%4-per-cent Oct. 20fi. jenn at 98,72 bid and 98, Long-term Canada and pro vincial bonds were off % with the Government of Canada 414- per-cent Sept, 1, 1983, issue clos. ing at 84% bid and 85% asked. Day-to-day money traded at 5 per cent. ' Treasury bills ended the the ith the 91-day at 5.19 and 182-day bills at 5. Sharp Rules Out Tax Exemption OTTAWA (CP)--Finance Min» ister Sharp held out little hope Tuesday that municipal agen: a market : point in moderate ihe of such things ae saware He told Barry Mather (NDP~ New Westminster), who raised the question in the Commons, that this had been considered before and would be again, per- haps "with the same result." Mr. Mather had asked whether the exemption would be part of Mr. Sharp's mini-budget planned for later in the session. Anytime, but espe- cially at this time of year, everybody | could use a little extra cash and there's a fast easy way to get it.., with a Times "Ac- tion" classified ad! Many people are probably -- looking for an article that you've got tucked away in your attic thinking it's virtu- ally useless. Why not phone to- morrow and insert | a fast-acting, low- cost 'Action' clas- sified ad -- with the extra cash you'll make... your "'teepee"' will be a much happier place this Christ- mas. PHONE 123-3492 TIMES SU,