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Gulf Scraps First Plan TORONTO (CP)--Gulf and Western Industries of New York says it has scrapped its original jlan to acquire the outstanding shares of Famous Players Ca- 1adian Corp. Ltd. because of ax difficulties with the United states internal revenue depart- ment. Famous Players, with head- yuarters in Toronto, now is owned 51 per cent by Gulf and Western, a holding company. It yperates 308 theatres across Canada, distributes motion pic- lures, and has an interest in a number of Canadian television stations as well as 21 commu- nity antenna television systems. Famous Players officials said Wednesday Gulf and Western is expected to make a_ revised offer shortly. The aim would be © reorganize Famous Players' non-theatre operations into a company with a majority Cana. dian interest so it could grow in he Canadian television indtis- ry. Canadian regulations now re- strict its ownership to 25 per rent of any Canadian television station or antenna system. Gulf and Western would then reorganize its Canadian opera- ions, including its interest in Famous Players, as a separate -orporation or corporations. Save $61.12 488" Prime Minister Pearson chats with Poland's deputy (right), as members of the KENNEDY SIGNS UP contract state, C. Wycech ics. Finley said Kennedy, last (AP)--Charles 0,|Season a coach for the Atlanta) TORONTO (CP)--Birchmount Finley announced Friday the|Braves, signed two weeks ago, park collegiate, signing of Bob Kennedy, former but the announcement was held four football: games so far this Chicago Cubs' head coach, to ajup pending approval of the shift/season, was withdrawn from/|drinking touched off the team's since the current crop withdrawal for the Scarborough | began Aug. 1 ue's B division.| --Japan took nothing 1 as managerjof Finley's Kansas City of Finley's New Oakland Athlet-|chise to Oakland Ottawa PRIME MINISTER GREETS POLISH GROUP' Canadian cabinet met with man Polish group have a delegation of Polish par- liamentarians at Wednesday. The touring six- fran- competition Thursday after only 113. players showed up for a high school lea "SAVE 551.10 Silvertone AM-FM Stereo Consol Quality features at a low price. Sep- treble controls Switchable AFC -- prevents FM sta- tions from drifting -- 6 speakers in extra large enclosures -- weight -- BSR changer -- solid arate base and wood cabinet. 18704 light- Reg. $349.98 298.88 unbeaten in TEAM WITHDRAWN game against , is interpreter J. Zelislowski been having discussions this of the Polish embassy week with Canadian parlia- Ottawa. mentarians. Man in centre --CP Wirephoto school. Bill Norman, a Grade 13 student, said suspension ofthe Vancouver Grain Exchange,'ment in December, Mr several players because of|listed a number of decreases' said problems remain because VANCOUVER (CP)--The | jwheat-shipping boom enjoyed |by British Columbia 'ports hasjlikely take jcome to an end--at least tempo-|tober shipments. --Red China took only small) lrarily. of grain ships that began clog-| ments. ging B.C. ports in 1961 islowed to a trickle has) The end of the six-year boom has been blamed on the loss Of|the Alberta Wheat Pool, two international market S.|shipments are 37 per ce \Japan and China. Markets in)what they were in August and Japan were lost to U.S. price-| September in 1966 Mr. Moen said the only bright) \eutting, and the Chinese trade | was spoiled by internal troubles in that country --The Soviet Union took ing in August and September Hilmer K. Moen, manager of|in future years when prices rise|the spot is the good crop of low pro-| tein, low quality wheat in Although Canadian wheal jjand, salesmen now are in the Orient, shippers expect little change juntil the end of the year. Trade Minister Robert ters says he is "guardedly fident'"' the dip in Japanese ichases is not permanent purchases "'should return |more normal pattern." Japanese officials say Win con pur and fo a shipments from Canada proba bly will show a 10-per-cent de cline from last year with lower- priced wheat from the U.S, tak ing up the. slack Recent Drop | jregistered in the last high months David Forman, president of three He said the British mix low quality wheat with top ty Canadian Northern No No. 2 to bring their wheat baking standard, New Shipments The United Kingdom w quality from year to year And, he said, the Nearly 200 grain handlers are|shipments to clear up old agree- are not anxious to buy top-quali-| out of work because the stream|ments and has no new agree. Canadian wheat--most Cana 'Wheat-Ship Boom Ends For British Columbia Ports 'In San Francisco erin; SAN FRANCISCO (AP)--The gust, about half the normal|to buy cheaper grades such as 22nd anniversary of the found- shipment in September and will/No. 3 and No, 4 because it al-jing of the United Nations in San half the normal Oc-|lows them to maintain baking!Francisco was observed Tues- |day with a plea for creation of a} international peace said again. nt of | Eng their quali- 1 or} up to ill re- cover 200,000 tons--7,500,000 , bushels-- .out of Vancouver dur heat : ing the winter. Mr. Moen said \there were no shipments }ULK. in 1966 to the The wheat pool manager said much of the problem of 'sales developed because U.S. decision to dro failing of the wheat Much of this decline has been prices by 35 cents a bushel. Although Canadian wheat was cut 22 cents a bushel and nese now are buying for Japa ship Moen yeariof Japanese quality require- n Au iments He said the Japanese . 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