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ra Merit mR eR RE aE ER ne A NG ay Eig ETE Sew ee Py: TTTTITUL TT Lier LLL TEETH t TODAY'S STOCKS BUSINESS SPOTLIGHT C Westing 225 $19% 19% 19% Capit B m 3 a 200 $124 ge 10% 9 --M H tts Sg VANCOUVER (CP) -- The British Columbia Hydro and Power Authority predicts that 2\timber companies will spend $1,500,000,000 on construction and renovation of pulp mills in the province during the next 10 years. In a special report on the pulp and paper industry pre- pared by B.C. Hydro's indus- trial development departmsnt, the authority said B.C. will in- crease its share of Canadian pulp production to half from the ? Ipresent third in the next few DIVIDENDS By THE CANADIAN PRESS Slater Steel Industries, $1.10) pref., 27% cents, Feb. 1, record) 8% 8%--e Jan. 10; $1.10 2nd pref. 27%) % 6% ~ "lcents, Feb. 1, record Jan. 10;| a4 84 --% 6 per cent pref., 30 cents, Feb.| W201 #5 485 45 +15 111, record Jan 10; common, 15 n5 $19 119 | 230 39% 3% ive cents, Feb. 1, record Jan. 10, ar ta) Dominion Fabrics Ltd., com-| 90 390 380 380 mon, 4 cents, Feb. 1, record) si2m@ 12% 12% =| Jan. 13; Class A, 8 cents, Feb. fll tale a 1, record Jan. 13. | Emco Ltd., common, 11%) cents, Jan. 31, record Dec. 22. | | International Bronze Powders, | my + 14) 6 per cent pref., 3714 cents, Jan. | SBxi F 8 ,SUEREsEe Sk ak g 2828 5 =~ ~ ? Dom Stor D Textile Dupont cumin w ° sa ak BodesEcbiedecsiet Bests a8 ,SBEBEx a ose Stee Ps su2s "4 3 Po segege fise f ey: = = Ee 38 3 $383 = Seseress 2st ay = a + Ve 24 13 oa = HB Ol! Gas Husky Ol! Husky D W Imbrex £ 3 = bt t+ 500 500 500 5 325 «(325 y Imp Oli Imp Tob Ind Accept Ind Miner! ind Wire iniand Gas Int Nickel int Util Inter Pipe intpr Steel inter Stl pr Inv Grp A James Sti Jefferson Jockey C Kelsey Co Labatt LO Cem w Lav Fin 56¥e 56a 12% 12% 20% «21 9 9 450 450 ~gann- $2) " 455 58% $94 $26 50 $84 it SSe8utecert= sdeudisdtaSsusestéds e 8388ece > & = + 4 4 "5 45 +9 nn Nn I % Me 22. 2 BR m1 9634. 634 634 + Ve "ou so +3 75 450 40 440 $15% 15% 184+ 18% 18% 20 2 Life Inv wt +1) Lob Co A The Crown corporation said that if all proposed mills' are built B.C.'s rated pulp - mill production capacity will in- crease to 6,000,000 tons annually by the mid-1970s--almost double the 3,300,000 tons produced in 1965, The pulp boom, says the re- port, should provide sound long- term prospects for secondary| industrial suppliers of equip- ment, machinery and subord- inate services. The report notes that three new pulp mills began operations in 1966--bringing the B.C, total te 17, In addition, six other mills are in "the active plan- ning stage" and four other com- panies have had extra timber reserves allocated for mills, necessitating expansion of ex- isting. facilities. INVESTMENT HEAVY All the mills. are expected to have an initial capacity of from 250,000 to 350,000 tons annually. Each will represent a capital investment of from $50,000,00,0 tw $12,000,000. | Among the 'major foreign companies involved are Svenska Cellulosa of Sweden, Enso Gut- | zeit of Finland, the Reed| Group of Great Britain, Fled- West Coast Timber Mills Planning Production Rise and food for the construction and logging camps are' made in B.C, 4 Many. mechanical and electri- cal engineering firms supply equipment ranging from mas- sive earth movers to electronic control instruments for paper- making. There are several large con- sulting firms in B.C. with prac- tical experience in designing and engineering major pulp and paper mills around the world. STOCK MARKET TORONTO (CP) --Western oils Wednesday continued their |da upward surge on the Toronto Stock Exchange. The oil index climbed 1,30 to 134.25. Dome, which jumped 3% Mon- day but fell 1% Tuesday in profit-taking, added 2% ai a 1966 high of 39%. There have been rumors that the company encountered gas and oil on its Zama Lake property in north- western .Alberta, Earlier Dome had dropped to 36%. Banff, which also has hold- ings in the area, gained % to 18. Union Oil slipped 1 to 33 and Canadian Superior % to 31% after touching 30%. Industrials were weaker, Fal- conbridge retreated 1% to 88%, Texaco 1% to 68% and Alberta Gas Trunk 1 to 30%, Versatile gained 11% to 26% and Canadian Breweries % to 7% on 107,715 shares, On index, industrials were down .45 to 148.27, base metals .21 to 84.14 and the TSE .35 to The report says short - term markets for the increasing ca- pacity will be found in the highly-industrialized, consumer- oriented Western countries where use of paperproducts is high. | The province' possesses half} of Canada's merchantable stand- | ing timber and this is considered to be only one-third commerci- | ally exploited. The report predicts that as the century passes, most West- ern European countries will be- come importers of Canadian} pulp. \ Good Names To Remember When Buying or SAling | REAL ESTATE Reg. Aker ---- President Bill MecFeeters -- Vice Pres. SCHOFIELD-AKER| LTD... 723-2265 JUDICIAL SALE OF LAND 142.71. Golds rose .69 to 148.31. THE OSHAWA TIMES, Thursday, December 15, 1966 99 Volume was 2,671,000 shares compared with 2,715,000 Tues- FARMERS EARN MORE ys Farmer's cash income in Can- hee in 1965 reached a record. $3,804,000,000, Got a cool room in Your Home? Then here is the to your problem HOOV BASEBOARD HEATER reich TSMR answer ER In the Supreme Court of Ontario in the matter of the Partition Act R.S.0. 1960, Chapter 287 in the matter of the Application of David Brown, et al pursuant to the Order For Sale made in this cause Lob Co pr Loeb M MB Ltd M Lf Mills Mass-Fer Molson B Mont Loco . 10ve + '| 15, record Dec. 31. jmuehle of Germany, East Asti- 2%--' J, T. L. Industries Ltd., com-jatic of Denmark, Weyerhauser ce mon, 12 % cents, Jan. 3, rec-|States and Mitsubishi and Hon- tee + "%! ord Dec. 23; 6% per cent pref.,/and Mead of the United 4+ % 7% + % Moore Nat Drug Nat Drug p Nat Trust NB Tel 38338s5.3 | BOND MARKET | TORONTO (CP)--The H dian long-term bond market was generally up % point in ac-| tive trading Wednesday, | The Government of Canada} 4% per-cent Sept. 1, 1983, issue} 10% Closed at 84% bid and 84% ee | asked, Tuesday it closed at 8434| and 84%. H | The short-term Canada 514; }per cent Jan. 15, 1968, issue| | Closed at 99.70 and 99.80. The 5. per cent Oct. 1, 1968, finished at} 98.75 and 98.85. Noranda Nor ctl @ Nor Ter Ch NSLP Oshawa A Pac Pete Pow Corp 59% 9% $50 420 415 4) $67% 67% $10% 10% 1200 380 9% -- Ve) s +S 7% -- Va 225 325% 25% 25% -- 700 «675 675 $21% 21% 21% .) a. ae | Shel} Can impson $ Hater St South Southam t Paving SuazSkse..eseeses Be ee er = +1 1+ 400 - 400 1% WB feel Can Fonte Day-to-day money traded at Cana-|B.C. | 40 cents, Jan. 3, record Dec. 23./States and Mitsubishi and Hon- | shu, both of Japan. | Most of the companies are| collaborating financially with| business leaders on con- struction costs, says the report. The report also notes the growing opportunities for sec- ondary industrial development resulting from the pulp and paper boom, It says half of all the electric power in Canada is consumed by the pulp and paper industry. CITES LOCAL OUTPUT in B.C., logging equipment is manufactured and supplied by projected | jseveral major firms. Newsprint roll cores, paper lyn Texaco 338 6 @ Ti N Sih 9% 94+ TT Tailors $6 616 OS Tor Om Bk *| 4% per cent. | Treasury bills ended the day) | with the 91-day bills at 5.14 and) mill rolls and-many renewable Supplies such as chemicals, wire mesh, packaging materials there will be Offered For Sale by the Auctioneers appointed by the undersigned master. PUBLIC AUCTION IN ONE PARCEL On MONDAY, DEC, 19, 1966 at 11:00 A.M. AT THE COURT HOUS: E, WHITBY, ONTARIO THE FOLLOWING LANDS: 6.17 acres located at 'the northwest corner of Taunton Roed end Ritson Road, in the City of Oshawe, described in Instrument Number 132847, registered in the Registry Office for the Registry Division of the County of Ontario for the City of Oshewa, The property will be offered for sale without reserve bid and subject te @ Mortgage for $26,000.00, The perties shalt be et liberty te bid. The Purchaser shall pay ¢ deposit te be completed within 30 days of 10% at time of the sole. Sele thereofter, when ne less then « further 30% shall be paid end « second Mortgage given beck for the belance, if any, for one year with interest et. 7% per ennum. Adjust- $29.88 Take that chill out of any room in your home with board Heater. Completely portable, weighs only 8 Ibs. Other features include thermostatically controlled switch, fan forced radia switch, 7 position heat control and large 1500 watt element, a deluxe Hoover Base- int heat, safety tip-over 957% S74 57% Traders A bed 9 9 Transair Tr Can PL Tr Can Pw Trans Mt 182-day bills at 5,21. | BUSINESS BRIEFS SHOW HIGHER PROFIT Distillers Corporation - Sea- grams Ltd. Wednesday reported net profits $16,709,000 or 95 cents a" share for the three hs ended Oct, 31 compared > %lwith $15,100,000 or 86 cents in jthe corresponding period last year, All figures were expressed in United States currency. Gross sales for the Montreal-based company and its international affiliates and subsidiaries totalled $347,334,000 compared with $307,374,000 in the three- month period last year. HEADS CHEMICAL FIRM Vincent N. Hurd of Montreal has been appointed president and chief executive officer of Shawinigan Chemicals Ltd., the company announced in Montreal Wednesday. He succeeds H. S. Sutherland who becomes chair- man of the board. Mr. Hurd joined Shawinigan as executive vice-president in the fall of 1965. FEWER VEHICLES SHIPPED Factory shipments of Cana- dian-made vehicles in October declined slightly to 72,227 units from 72,990 units in October, 1965, the Dominion Bureau of Statistics reports. Decreases in April, May, July, August and October were offset by substan- tial increases in the January- March and September periods, resulting in a 7.7-per-cent rise to 723,560 units from 671,866 units over the 10-month period. ments to be made es of dete of completion of sele. The Purchaser shall search title at his own expense. The Vendor shell net be bound _ te produce eny abstrect of title or any Deeds or evidence ef title other than those in his possession or control, In ell other respects the con- ditions of sele are the stending conditions of sale settled by the undersigned. Alt particulers ond conditions of sale mey be obteined from Mesurs. Olch, World & Torgov, 111 Richmond Street West, ot from Auctioneers, 4. Spadafora & Co. (Coneda) Ltd., 129 Adelaide Street West, Toronto,( EM 2-1221 end 1255 University Street, Montres!, Quebes, UN 6-2965, Dated et Toronto this 2nd dey of December, 1966. ALEXANDER C, HALL, _. ouumptuous Luxwuy!... Decorator Elegance!... Fabulous Valuc! ... TRULY YOUR CHRISTMAS DREAM-COME-TRUE aus $k "BAe "Bare ao $17 Tw trae PRODUCE = TORONTO (CP) -- Wholesale to retail carton eggs average weighted prices quoted by the department of agriculture as of Wednesday: A large 64.6; A me- dium 58.3; A small 48, Eggs: Wholesale price to country stations fibre cases quoted by the Toronto Board of Trade from wholesale egg deal- ers: Extra large 56-57; large 54- 55; medium 50-52; small 41-42; B 42; C 36, Butter prices: Agricultural stabilization board tenderable jcarlots: Buying 40 score 59; jbuying 39 score 58: selling 61. ~ tt 15 $2 6} 100 $18% eg ae -BeskvE~¥sB-_~ Bestest 33ee8 l+++ Sales fe 11 a.m.: 756,000, FORBIGN TRADING Abitib} 100 $10% 10e 10+ th Coch Will 300 190-190 190 --10 | E Malert = 400-150-150 150 | K Anecon $00 185 150° 150 Lk Dufauit 400 $10% 10% 10% -- % Lelteh 200 500 $00 500 +15 U.S. Economy Drop Goes On WASHINGTON (AP) -- The output of American mines, mills and factories declined during November for the second time in the last three months, con- firming again the slowdown in the U.S. economy. In reporting this Wednesday, the Federal reserve board said its index of industrial produc- tion dropped to 158.3 per cent of the 1957-59 average during November, three-tenths of a point lower than October. The drop in industrial produc- tion appeared to lessen the pos- sibility of a tax increase next year to help fight inflation. This decision, however, is up to President Johnson who has indicated he will wait until Jan- uary before making up his) The world's leading salt-water | mind. fishing countries are, in order, s* ,,| The November decline was|Peru, Japan, Communist China 6% -- y{centred in automobiles and iron|the Soviet Union and the U.S.A. | 7™ jand steel production, Output of |} see atin aside sea Uibusiness and defence equipment | t= n{continued to rise, the board said, 2% -- 9% 19% | ue ies | 2. 2 REIMBURSE DEPOSITORS Sime iad itz Yj). Intra, Lebanon's largest bank' ee ae in Beirut, forced to close two| a 4 A 2 = ' months ago when it ran out of} $7% 6% #m-- %|teady cash, opened its doors a 7s $3514 i" 3- jtiny crack Wednesday to start 851% 51% 51% jreimbursing small depositors $2) 2) 2) + '4 from a special loan advanced by it at 7--"4\the government. Bank officials 762 $57V"a ST 57% have stated that eventually all Sia 1% 114 depositors, large and small, will be reimbursed. sExE rs + =8s 1500 | 1000 3000 2610 wo oo 1000, 00 $000 200 '1000 2525 100 1000 230 1000 2000 subsBsak woo 65 5 5 100 MY Ma UA OILS, GAS 1300 465 (4465 200 830 oo Zulepe iB if 2 s4 sis (15 : sik ozm-= mang = a 00 4200 300 258 258 (258 4 $324 2% 31% 100 330 330 330 1% 1M 225 wo 400 1065 2100 dy 2 1800 $13% $10% 0% 0% 300 300 (300 os #5 #5 --S§ $10% 10% 10% + % 6300 320 310 320 +5 75 70 270 --1 7; ah 4 consecutive quarterly DIVIDEND 10¢ a share-- payable Jan. 15, 1967 to shareholders of record Dec. 31, 1966 GUARANTY TRUST Company of Canada A. B.RAMSAY WN General Manager 7 ,, 5000 31600 hh Sh Mh m4 M0 4 +4 3 » SB +2 26 25 216 --3 560 335 (330 820% 20% 7 #7 vy. Se 2200 380 375 380 +10 ah SS: gee | 1008 300 30 0 +8 USTRIALS 1640 S9% 9% «9% 500 $5 Sa Sam Ve 0% WH oS 675 475 $20 30 a -v 330 0" 7 » "+1 U_ Canso W' Becaite Abitibi DRAW FOOD FROM SEA 675 mo 385 oo 3 $278 27% $35 SS ---% 546% 46% 500 $12 12% $32% 32% A PERFECT GIFT FOR YOUR HOME Almost unbelievable! That's what you'll say about the price of this ph Pras New Traditional Suite --- Superb skirted styling with downy soft pillow backs -- Luxurious deep pile nylon figured covers -- Blue Green, Coral, Avocado. Burnt Umber, Bronze and Coca. OPEN EVERY NIGHT L TILL GATURDAY 200 212 $1 13% 1% Mu 7s $34 "u--% ey Extra High Back Chair in Floral Print .... 129.00 PHARMACISTS MALE OR FEMALE EXCELLENT CAREER OPPORTUNITY CHRISTMAS DELIVERY GUARANTEED FOR THE FINEST FURNITURE VALUES | ' | IN OSHAWA |TWO DOWNTOWN STORES 154-156 SIMCOE ST. S. FREE PARKING 725-6559 Te Work in Dispensaries ONLY. With a large and fast grow- ing Chain Organization for ONTARIO CITIES, 'One of the finest Canadian whiskies this country has ever tasted' by GILBEY'S Benefits: Top Salary Pension Plan Life Insurance Medical Plan No Sundays Profit Sharing. Apply stating full details end remuneration expected to: ?.0. BOX DI-8 a