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Mr. Elliott said incentives of- 'TED PRESIDENT oe GEORGE, B.C. EEE eae BUSINESS SPOTLIGHT THE OSHAWA TIMES, Thursday, July 20, 1967 17 _D. N. Palumbo of # F c - orge has res | a | ui we of Py Mag jeconomic danger, not a League of Britis r the mining industry, but to the se Cate , Carter Report Threat te ing indy, bu Cc b Mi D ] fered by the government are urDs Mine Development _ [i102 2,0 minas ie ° |portant element of the Cana- os Sha TODAY'S STOCKS TORONTO 10:40 A.M. STOCKS I¢ Distributed by cP 'Toronto Stock Exchange--July 20 Receiving Orders Issued Upp Can 500 142 142 142 +14 Intpr Pipe 925 $23% 23% 23% + Ve! Ae +1] Int Pipe w 1420 $10% 10% 10a + Ve Vespar 1500 4 6 47 } INN > ; ia | y : Gua Dh e West Mine 2300 215 211 212 | Intpr Steel' 200 410 410 410 _, By DENNIS BELL jward exploration and develop-;leviate any danger of a slow- ein poet ach PRINTS routes Ingepe amorte. | ice tag 1a Ak | Iv 'grph 8 ttn j t Brothers weir tie sstcn coum ™, a -- tig sha , --Ex- +5) a a 2 Der * ye Epa ; fights, xw--Exwarrants Ne! change Is) Zulapa "500 16 16 16 + 1| ITE Ind pr 220 $234 23 TM gains an up ro ers aga . kd gine a The pullback is not readily The brief, prepared after Mr vailoble At | OILS GAS 1 eee ee ae ae : Rina. sive foes a ae ef 9f evident but it's there. This is\Sharp invited submissions from ANNOUNCEMENT IAY PHOTO MINES | ' | Jockey C400 335, 300, 335, +5 | TORONTO (CP) -- Receiving| audited statements did not) 4.00 ofoo ue is 5 rong evi-a busy year and there's a lot\the mining industry, says the S a Alminex + th ee jockey.2 p as ane Bs) it» orders were issued Monday at| properly reflect the account's echioraiibn ' Pay? ateneen going on, The mining industry|Carter commission failed to} @" ERVICE Stock - Sales High Low a.m. Ch'ge| Arey Ue 1009 wo Me w,| tafarge A 100 $12 14 a+ % Osgoode Hall against former| positions. py sg : se leve lopment has got up a full head of stean.|take into account the special | ~ Accra $00 91% 9a sia -- ta) Asamera 766 510 $00 510 +10 | Lou Fin 43) 1024392480 ~--«(Stockbrokers Frederick Walter] --The Wittstock broth: | iranees thak dintlomee ate ee right now and it would be hard|position of the mining industry | ng St. E., Oshewe » An Moy WO 1s oe oe | C8 Pele 'Ea 22 ag | LAU Fn 140100 Sean oie ane |Wittstock and Roy Coodrington| ers "breached an undertak- the Carter tax ey att le el n-| (make major eatbacks even if/--huge capital investments in a Ae ah, san ie 4 eee 1200 260 260 260 | LEYY or ous Sane 242 24% | |, Wittstock both bankrupt and] ing given to their auditors in nithent Port Is not-im- we wanted to--which we don't."'| depreciating asset. i a" P i . : . , ) -- 1.50 each Argosy me no nc Men ag ae Me ne it) | bob co A $00 [site 7% 7% owing four banks about $425,-| respect to their personal ac-) aio. sniott was comment:|,,..{-. Elliott, whose organiza-| "In British Columbia alone , _ 1.25 each Bouins ee ia W8la-- ta} Cdn Sup O 700 S46¥e 464 46M -- Va) MB Ltd as $2298 000, it was learned Wednésday.| counts.' : ing Wednesday on a brief the UO". TePresents a vast cross-/some $400,000,000 of mining in- : Pe Race. si as as ae | ce Oe a a | -Aeere el ee a eg) Clarkson Co, Lid:, of Toronto) 4" official of ogg -- chamber has prepared for sub. S°°tion of the industry fromjvestment in low grade copper-| " hass-Fer a em , # r § sub- : yn ta Be Nene 6500 '8 "27 S| Dynamic : 900 123 122 423 1 | Met Siors p i $204 7013 2012+ 4 is trustee of the estates of the otk me Tait ok allan tor [mission to Finance Minister SUPPliers to exploration com-|molybdenum properties is in BL Hawk 500 27¥2 272 271a-- ta| French Pt 300 $25 520 520 --5| Motion B 200 Sond tore sie -- vy Dankrupts. Se eth of the brokerage| Mitchell Sharp. The brief urges) Panes, urged the government tomediately thrown into ques- Broul Reet 1000/30 i wd Gt COllsds 700 $ié%--. lesa lout 14| Moore 1270 $31%4 31'a 312--% Flood, Wiltstock and Co., the bos : retention 'of: depreciation allow-|!arify its Carter report inten-| tion," said the brief. Brunsw 200 615 615 615 --5§ | Int Helium 300 285 285 285 5° ied i os ees bred brokerage firm with whom they He sala almost wll BE the Tor-| ance? and the three-year tax tions as soon as possible to al- This Situation is fraught with unker 500 2 2 20 Mill. City 800 143 140 140 +5 | x 4 Ve wi "eas ra- ho i r yr y pr sing i BLE SS C Mines 192458 86 80 aa wee $00 37 37 37 Me On a cas ste UE lke ee attached, ceased opera onto clients have had accounts|™oratorium for new producing Comp RL 366 $214 21% 2134 + '4 N Davies 10007-1848. 18 +1 | Noranda 566 $559 S50 555% tion early in May. May 9, the settled in full. The spokesman) Mines. ung 4222 224 +2) ils 200 530 530 530 5 le Stock Exc e G-|5.st . e A 'ontop 7 Ah sae i ; i , : Cte shee ae ae Nine at ae oe el <j 1200 $10% 10% 10% Toronto Stock erie _ indicated 'that Montreal clients _ The Carter report urged aboli- ID . ' 4 Cdn Keely 2500 612 6 6 --1]| Permo 1000 22 22 «22 + 4] Og closed it had fined the firm $15,- f ' i to be|tion of both and other -incen- Gin Nise 1000 36° a6 36 Oshawa A 145 $46 6 d Athdra may have to wait longer to be|'! é pla rey ie eee ee Place G 7% 20 240 20 +4 Pac Fete 1070 $1738 000° and ha withdrawn = ap- paid tives, raising a storm of pro- sad anger 1050 5 25 --3 'ac Pete w /ittstock 2, { 5 ; ' cone 300 WW iW oy 4 | Scurry Rn 1727 $48 47-47 + 14) Pembina of the Wiltstocks as Flood Wittstock was also a von from the mining industry. 0 Spooner 7300' 84 82 @2 +3 | Pow Corp M 1 |The government responded by Chestrvile 6500 33: 32 33. -+1%| Triad Ol 1600 2 | ; ember of the Montreal an 8 Sp } . 217 215 21% +41 Prem tron 700 170 7! ; . P ~ 4 Chib Kay 1000 14 14 Ja U Canso 4620-350 «350350 | Price Com 100 $12 +e. The $15,000 fine is the heav-'canadian exchanges. announcing that no action will e ALE cob Me oe now Wi Petit Goon ae ae et | Bees. ae. ee ig eet that may be levied on a Jp joint petitions for receiy-be taken on the report as it J. J. WILKINSON Conigo 2000 56 55 $6 + 1'| if oo Rea: Sb a {member under the TSE consti- ing orders, the Toronto Domin.| roan to mining until Jan, 1 iia' was telling her that he whked th 4 Having successfully completed ex- n-Key non | | Revenue 4519 $10 + Ye tution, i Bank, Canadi I ial : bd 7 le wisne ey coul aminations set by the Ontario Gov't Con Fardy 600 294 280 280 --13 | is ion Bank, nagien -SMmperiat! é Mr. W on will co € Halli 2000 70 69 0 INDUSTRIALS lRirsia Fa, So ste The TSE board of governors|Bank of Commerce said the} Mr. Elliott said in an inter- stoy over night and get in on MURRAY CUNEEE 160 Ring She eect ~RO € Morn rey is iss as 1 Acsines 650 side 10s 108 -- 3 Royal Bnk 3988 st576 + % found that: Wittstocks failed to make pay-|view he has noticed definite JOHNSTON'S HALF YEARLY SALE OF FINE ing in value of properties, s s 4 4-- i Ps % " , . dentia r ! id Con Negus 9800 50 49/4. 47va-- ve Alla Gas T 200 Sabla 382 3812 -- in StL Com A 400 $23%6 1, --The firm permitted its net ments on demand loans to the signs of a curtailment in min- CLOTHES THAT STARTS on MONDAY, 17th, Pee Vou Oe cdg es BORE Re gone et he eat Le ae 400, 900, 900-900. SIL Corp p $0 $91 +2 free capital to be less than banks. eral development and explora- July. You see, Murray Johnston's Sale is re- co-operation when r selling ed 42000 42'4 41 42 +12 ta Nat 100 $1994 1924 19% Salada 100. $104 hat " red b tI " T Pin " ' - y Property is a d, Cop Fields 500 140 140 340 Algo Cent 725 $84 8 8 Selkirk A +2550 $14 that require y the ex-) The Toronto-Dominion Bank tion in B.C. and the Yukon nowned for sound value ot obvious saving i Ts 3 al a 2500 me Jidetts Ane . 125 Hose aie Sete tal) Shem Le As 10. site | change. said F. W. Wittstock owed itjeven since the government an- And_ thi mae i! 50th ae 34 < 7 | Ole 3058 ++ Ma i 997 ne s r ( year in $< Beer Horn 1000 25 25 25 Alcan' pr. 115 sala oie oa + ta] seen IRV,™ Ses S236 +.| w7Personal accounts of the $123,787.83 and his broher owed! nounced its deferral of action ee ae veer in. 2u et D'Elda 58350 195 183 188 +2 Alumin 2p 25 $44 44 44 Shas Save. Oe ha Wittstock brothers were be- it $32,036.60. It had securities "There's been sor dica- iness in Oshawa, will see the best clothing Denison 580 $73%4 72% 73 Sa! Anthes A 340 $2814 28% 28! "4 9, 2 ices - 4 4 3 + * J 4 * a+ i j ov 7 7 oe y 7 9 - s y 1 | on Danae ee a ee Tt Arne be. Wea tet i Ate a, " $7 i low minimum credit require-|valued at $77,200. '_ tions of a pullback but so far sole since Eve gave Adam his fig-leaf bik East | Sull $50 375, 570 570 +5 Asbestos : 250 $23, 23 23 | Slater Stl 900 $11 --! ments Commerce listed the debts af/it's not too serious," he said Don't forget -- Murray Johnston's at 8 Sims REAL ESTATE BROKER ndako 4% 11% + Me shdwn 733 «$7! 7 7 7 " 1 pee > y < ok 7 "p. r , FF , y . 5 ae 'amtan Pines xm 7 ure, Frakes im ae ie AN einer an En he ae | aiser $ ee GH Sit The Wittstock brothers re- | $15,051.36 for F. W: Wittstock, The Carter report hangs like coe Street North in Downtown Oshawa on TEL. OSHAWA Ginn ve a a a oe aathaan 0 3a corded certain deposits in the and $20,089.65 for R. C. Witt-'a black cloud over the industry Monday, 17th July ntal Giton Exe 1600 a 23% 24 +14 st Paving Joo S78 -' firm's books, withdrawn stock, with about $13,000 iniand some com panies have 576-141 1 7 2 tee! 4 7 y ° thot Grdroy 25950 Sl. 47 @ +1| Bell Phne 883 Sate 48% am | ghetto isha ae Shortly after, so that the'stock security. adopted a cautious attitude to- lin Granisie 350 605 605 605 Bow Valy 200 $1514 15% 1538+ %*| Texaco 50 $27%% --Y g Green Pnt 1500 54 54 54 --1 | Bow Viy w 175 775 775 775 --20 | Tor Dm Bk 410 $1334 ~% Gunnar 201 200 200 200 4 Bowater 50 87% =67% =77%8-- el Tor Iron W $0 $3234 Headway 15300 16 16 16 -- 1%! Bramalea 250 $12. 12 12 | Traders A 100 $83" High-B! 200 $10 995 10 +15 Brazilian 550 $11%-- 11% 117%a-- Ve! Transair 200 $5'2 Hollinger 256 $25% 25% 257% BC Pack B 650 $19 «19 «(19 Tr Can PL 325 $324 3 Y Huds Bay 185 $672 67 67 BC Sugar 225 $35'a 352 352+ \2| Tr Can Pl p 100 $47'9 477 ly me Vig i Int Bibis T 1000 55 55 55 BC Phone 80 $6634 6612 66--~1 | Tr CanPw 250 975 +5 @ $ 'ron Bay T 200 340 340 340 +8 | Buntin Rid 100 $11 112 11% Trans Mt 1300 $214 21% 214 | i af Jaye Exp 1000 «(17 id 7 | Burns Fds 100. $14 4 M4 UnAce 2p 100 295 295 295 +8 vf Joliet woo $1 51) $1 +1} «CAE Ing 365 $11 10% 10%--%e! Un Carbid 2100 $20 2 20 " i 4 3 - Jonsmith 1000 17 177 | Calgary P 260 $242 2402 24'2 | Un Gas 1000 $145 14% 1430+ te our Kerr Add 2550 $14%m 14 14¥e + 44) Can Cem 185 $3734 37% 37%4-- 4} Union Ol 25 $4) 1 * K Anacon 7200 65 65 $45 Can tron 240 $19%4 19% 194+ 4| U orp B 800 $13 "a Kid Cover 3600 75 70 70 --4| € Packrs B 210 $8514 85\4 BS'4 Un Wourn 2092 $514 d Kirk Min 500 9 9 9 +%| Gan Perm 45 $li* 11. | U Sections 250 $6'% 4 Ge L Dufault 300 $1934 10% 10'2--18| Cdn Brew 1270 $74 Tie 714 Versatd 1100 $8 " Lakehead 2000 25 25 25 --1'2| C Brew Bp 50 $45 45 45 -«14' Versatile 495 $3934 - L Shore 500 260 260 260 +5 | C€ Curtiss 1000 65 65 65 +3) Walk GW 1040 $34'2 ~ Leitch 100 610 610 610 C Dredge 100 440 440 440 --10 | Westc'st 150 $262 _ & Macassa 200 135 #132 132 Cdn Equty 200 300 300 300 19 | W Cdn Seed 125 240 _- . Martin 1000 21 21) 21 + %) C Found 100 $7 7 --'%| W Pacific 1600 $6% 6'2 64-- Mattomi 100 $13%4 13% 13% € Found pr 225 $16' 1614 1619 | Weston A 687 $1858 182 1812 -- } . Mc Adam $00 45 45 45 Cc Hydro 100 $2158 2158 215% | Weston B S96 $194 1914 1914 -- Ve 2 Midri 21900 168 162 163 417 C Imp Bnk 405 $68% 68% 68!4 + 14; Woodwd A_ 550 $15% 15% 15% { if Multi-Mi 200 144 144 144 --1! C Ind Gas 260 $10!2 102 10)2 York Lam B 150 175 175 178 ~10 Nat Expl 7000 12 12 12 | C ind Gas p $000 $10 10 10 --% GE | Newconx 2300 570 565 565 --$} Cit 250 $20 20 20 Sales to 11 a.m.: 1,081,000. N Hosco 900 171 169 170 --1] CPR 137 $7034 7034 70% sacs = | N Imperal 1800 310 305 305 -- 5 € Petrofin 283 $15¥2 15% 15% | N Que Ragl 100 550 550 550 +5 | © Ufilities 75 $41 Al dl om | DI (4 Norbaska 500 44 64 64 --- 3 | Chemcell 200 $107 1034 10% | | Norbeau 2300 32 32 «32 Chem 175 p $0 $32 32 22 +% Norlex 1500 16 16 «16 Clairton 150 sti¥e 1a 14 - Ye Alcan Aluminium Ltd., com- f _ puts ominco x ¥ | # Wr en ee" ae ae mon 25 cents, U.S. funds, Sept. | Y N Coldstm 1000 85 85 85 Con Pap w 250 675 675 675 --5 5, record August 7; 414-per-cent Northgat 125 615 615 615 Con Papr p 50 $25 25 25 -- 4% ae ' » . Neth can 200 147147147 Cont Gas 3850 $19 18% 19 + 34 Pref. 43 cents, Oct. 15, record Obaska 2000 8 8 8 2, Corby B 10 $292 292 1919 Sept. 30. : Opemsk 217 $10Ve 10% 10! Craig Bit 000 300 300 300 ») >) | j Crhen" 300 220220220 -+§ | Crain RL 2S $53 53 53 | Canada Cement Co. Ltd., ; IE 725-3514 f Osisko 1000 56 56 56 + | Crestork 250 $74 74 7" jcommon 45 cents, August 31, j Crush Intl 2100 $1194 11% 11% Ir ; nae : Dain Rese je A ab record August 1; pref. 32 1-3 Pati 82 935 925 9) | | Bax int ait te : ae | Distl Seag 210 $382 38' 3814 cents, Sept. 20, record August ' ° Pee Exp 33700 111 104 107 --7 | Es a U4 od rig rs Ye) 21, Pick 9 hn V4 24a + Val gy Pine Beam URE glug Jovy duet tal Dom Lime 120 280 280 20-10, Continental Can, common 50 j i ' ' © Preston 200 $197% 197% 19% -- Ye| Dom Store 400 $17%4 17% 1/%4--- Yeicents, Sept, 15, record August £ Sang Fe ee eg | O textile: ts guia tie rte [22 : a . er i. Rediore 2000 51 s1 51 41 | Dupont 217 $31% 3% 344% Interprovincial Steel and Pipe : fe + ae. & : Rayrock 400 125 125 125 +2] Electro itd 225 $13% 1314 13% Corp. Ltd., 60 cents, Oct. 1, rec- : " ms Rio Algom 461 $35! 3514 35! Falcon 235 $90 89% 89% oh Sant. ts , am Rio Alg ¢ w z1S $18%4 18% 18% | Fed Grain 200 $62 6'2 6'2--% sept. to. : Roman 956 $2114 21 214+ Ye! Fleet Mig 1700 185 180 180 | National Drug and Chemical Ba Ve 24a 24) Ryenor "S00 18 7 17 --2'| enc" ao ge" ao ae |Ltd., 15 cents, Sept. 1, record $40 Anton} 2300 2% % 2% | Greyhnd A 1020 $1414 14 August 11. arimco 500 «15 5 Ss | jawker 800 395 385 39 Satellite 1000 274 27% 272 +1%| Hawker pr 210 $78 78 78 |, Southam Press Lid., common Sherritt 100 415 415 415 +5 | Hays Dna 250 $114 11'2 1i'2+ Ve 30 cents, Sept. 28, record Sept. Sigma 100 485 485 485 Home A 2100 $23 2294 22% Silvrfids 600 460 455 460 + § | Horne Pit 100 340 340 340 + 5 LAOS) Penn Silvmq $00 28 28/4 284 -- V2) HB Oil Gas is see ey Siscoe Ws 5 495 45 -- 5} usky Oj e-18%e 154 + Ve Stanrck 1400 400 390 390 --20 | Husky OD w 1272 920 915 92:0 +5 B.C. TEAM BEATEN : Steep R 1425 605 600 605: +5] Imp Oil 739 $6334 635" 63% LONDON (CP)-- The touring | ae et ie ae he 5 Hit g Bhadhg ys ae Mn sie" Sp ouawnigan Lake School oars- junburs [ 2 bia 619 2 2 2I\2 z tt * } Texmont 9300 95 93 93 --2]| Ind Wire 140 $64 bia 614 men from British Columbia Tex Sel 7200 8 " 2 | jopersell a - a 20 ,, were narrowly beaten Wednes om 4 4 4 nglis Va e ie--VMian, ¢ ; a 09) Tombill 300 103 103 103 +3/ Inland Gas 750 $11%4 1134 11% day in an eights race again: Towag 1000 2 12-12 +2) IBM 23 $540 $40 540 Eton College of Windsor, Eton Tribag 1000 124 122 122 Int Nicke' 480 $108 10742 108 + V2 S " i U Asbestos 2000 410 405 45 --20| Int Util 1800 $364 26 3644 w Was three feet ahead. The ae Un Cmstk 500 9 9 9 - Int Util pr 475 $364 3614 364+ % Was 5.03 against a headwind. ATTENTION FREEZER OWNERS ! BUY GROCERIES AT COST PLUS 10% Save $200 to $300 every year. Pay only the chain store's cost price plus 10%. The Result -- you save on name brand foods... select from our 5,000 item wholesale catalogue, fresh and frozen. oOuUy e We Guarantee Savings @ OSHAWA PROVISIONERS 3% Simcoe Street South Oshawa e@ NO MEMBERSHIP FEE e ...Up To Six Months To Pay. No Finance Charges... Free Delivery NIN) TITS Ss) jee nw) CHOOSE M hake TO ALL NEW CUSTOMERS sion SPECIAL ANY BRAND NAME -- FIRST QUALITY ee oP 3 ce fe , THIS 19: a a le ' , - - ' ' a P enne Sport Coupe WEEK LIMIT 10:LBS. PER CUSTOMER bry When you compare a new Pontiac any other low-priced car (Believe! deal that's.as great (if anything can (yes, even on Grande Parisienne) eee with anything else, anything else Believe!) and get one heck of alot be) as Parisienne itself. and Firebird. See him doesn't look like such a great deal more car in the bargain. But, that's not all--he'll make you' right away. GM AF You Be Net Have A Frosees. .. 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