toe

“GROUNDED BY AIRLINE STRIKE

James Rook (CENTER) ewner ,of a Boston lobster shipping concern © checks up ‘on the friskiness of crustacea in holding tank The airline strike has caused Jobster ship- ping business to go to pot be-

cause im hot weather they must be shipped fast with no delays. Since there is always-a big demand, price hasn't gone down and these ‘‘selects’’ are worth: from $1.25 to $1.50 @ pound. Boston is major lob-

Tenders

Accepted

The names of persons who had | the high tenders for the our: | chase of several pieces of ob. | solete city equipment being aold) were. announced ee night -by Councillor rothy | Corrigan, . chairman “ the city councils tender commi ttee.

_The school trustees, on Thursday.

poses This is @ preliminary that all may he aware of the

Notice of ‘Special School Meeting

BLOOMFIELD AREA

i secretaries and all interested—rate-_ pavers of the districts in the Bloomfield area are asked to attend a meeting in St. Anthony's Parish Centre, Bloomfield,

July-14th; 1966 at 8:30 p.m.

The purpose of the meeting is to discuss the possibility of forming a consolidated unit® for elementary school pur-

- The Deputy Minister of Education and the Superinten- sietgunne fh. 6. Sichanis intend. tp he

| The tender of James P. At- kinson for $1500 for the city |scales was accepted.and the tender of Alton Andrew for $200 | the purchase of a three

Dodge truck was also a eo...

“Other Successfdl bidders were Arnold Barrett ($205), for a | GMC truck and Russel! Mace. | Intyre ($1027), for —@— Hough

| pavloader

meeting for discussion only sa henefits of consolidation.

.

TORONTO wallflower w on a date on is receiving eftention

Why _ has time” that. somethi turn on precious met

4 West ada Tuesday

nine-ma

Rumors he tion were form, but a dorado Min

keting ~ that likely,

no

Stir this late is based on

embargo or from foreign ilate present ;Tun_out until Besides, th that Denison

istnek 3-for-1 ‘ However,

ster-shipping city im nation Helpers are Pat --Pisiello (LEFT) and Neil Chiappini.. . : (AP Wirephote)

vestors’

the

from

Rumor

world

Germany during which gating the possibility of buying uranium from Canada

carrying

Another rumor ithe United States might lift

1960s ‘or early embargo

fancy

long-term outlook

cP Like the ho gets invited ut ce A vear, uranium its annual flurry of investors

the .' off-again-on-

again romance flared up at this

rs And : the hope wil) happen to

demand for the

nc

al

delegation from arrived in Can- for a two-day visit they are investi-

n

ld that the delega- an order spokesman for El- ing and Refining,

the Crown corporation for mar- uranium, immediate And besides, afen't unusual

emphasized sales are

which helped st flash of passion the possibility that is imports of uranium producers by the 1970s isn’t due to 1975

ere was a rumor Mines, which has

the world's largest knewn ura- jhium ore body,

would split its

rumors

to

—_"4

_— TENDERS |

Tenders will be received by the Secre- tary of Alberton Prince County Exhib- ition untit noon Mnday, July 18 for con- " cessions on the grounds Aug. 10th and 11th. This includes Canteen Service and

For: further

Highest or any tender not necessarily accepted.

information contact the secretary,

BRENDON .WALLACE,

such visits

The |

Uranium Is Receiving’ Annual Attention Flurry

By LARRY pWORKIN

tremels ght = for anium ia - SELLERS CAUTION

One analvst said aa wanted to buv a tarze hi af Dentson stock at--$5 ~ A stitutional investor. —heo - we ago. but no one wanied to sel} a block ‘

“One or. two lance iowa: agreed to sell, hut at ¢:n0 a share. - And that's the ‘one of the market. investor tn have grasped the fact the fuure. for uranium a once

in-a-lifetime proposit

Last year there was a boom because France was rumored to be in.a buying mood The talk was that it wou'd go for as much as $700.000.900 worth of uranium. But the Canadian gov ernment’s insistence on assur- ance that the uranium would be reserved only for peaceful! . uses iput the damper on that

The reason for this’ vear's boom of interest- may not “he completely solid, buf* investors want to buy. They have plunged into the stock market with en thusiasm and sent stocks of uranium producers to record heights

In the last 10 days. Denison has jumped $8 to. $62 and reached as high as $45. Its 1966.

low was $35.50. Roman Corp, whose main asset is a block of Denison shares, has climbed $4.50 to $16 in the last 19 davs ‘and its low for the vear was

alone are $7.40 ‘not responsible for turning in-| Rio Algom, Canada's second , uranium largest stocks. Most brokers agree that |$1.50 to $27.50: Its 1966 low was is. ex-/$19. Preston Mines,

producer, has ‘gained

which owns

eks ‘

a

Tuesday at. $15 50"

iy

4° ¢

£

‘more. than 44 per cent of Rin. ere are estimated as low as $8 ‘The Guardian. Charlottetown, Wed., duly 13, 1966. 7

ip

- he

f davs and up from ‘ r the year of $10.50

}

DEMAND

ana!

FORFSEES BIG Iimar. Marten's kena@e 3 firn nd€o which rec +—on-the SaVvs free-world will double wv crise to present use hrs

vst, with n..A ently did

m mds

tha

i

a—<trir uray

use af

hy 1971 and

plahe

nrohal

ahout

mes

the._mid

w’Ne Present is about a Vear

Mr

1977

frée-world” cf#nsump 20 ON DBR=SpAtiid s ’

Martens says that the US will have to Iraniiim because the nz industry can produce about 11,000 tons a vear out of an-estimated 15,200 tons needed -in- 1971 There he ahbont 3 ny fuelled bv wra nium--operational or planned in the US by 1972. Programs are also under way in the United Kingdom, France, Germany, Canada and Japan Mr. Martens predicts that. be- cause of heavy* demand for. Ca- nadian uranium, the price of the metal will rise to hetween $6 and $7 a pound from the present $5 level Bongafd Leslie, based investment the shortage of uranium ex- pected to. develop in the 1970s will. give exploration for new mines a*-— shot-in-the-arm. ~ but exploration, development and start-up expenses will. put them at a disadvantage to Denieon and: Rio Algom which hetween them control... ene-third-.of — the world's reserves of tranium “It ts doubtful if new mines

by mm Port es min

only

will

clear -reactors

Toronto- dealer, said

could get by under $8 per pound |

of uranium oxide, while operat-

ing costs of established produc- |

per poun

Roth R. A Dalv and B Lesii® say it is doubtful nadian prodyéers weuld lower than $6.59 a pound long-term contracts

Ca

a ept

der

Defence Minister ‘Gives Comment

OTTAW

Prodiction Minister

4 (CP

the. Commorts Tuesday he

aware of any

Canadian

Elmsdale.

ood

" EFFECTIVE

4

SAVINGS

EARN... — ' CURRENT ; ACCOUNT

MAJOR

219 Great George Phone

608 Queer St eo | ee

“

“NOTICE

JULY 1,

INCREASE IN INTEREST RATE

© interest payable quarterly on minimum quarterly balance ;: @ Accounts opened by the 20th of the month. earn interest from the first. @ Money may be deposited or withdrawn at any time by mail, or in person.

THE

Com PAN FY

9 a.m. to 12 noon

#

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nb the I'S defence de SIGN AGREEMENT partment th cldeid tak ha’ otasiad ‘Ses OTTAWA (CP Represen- ! mits ‘ for. such: tatives ‘of Canada and Trinidad A homhs He. prom check and Tobago signed an agree- : firth 1? ications ment “Tuesday under which Cam ! far sbomb exports ada will lend the Caribiean Frie Wonk Pe Gre oolintry . $350.000 to purchase Brice! . statement cranes and ‘ork’ lift trucks. if Monday hv US Pefence Sec- Canada The agreement was retary. MeNat y his de gned by External Affairs Min- ee artntent had °cance'ied a.con- ister Martin and Donald Gra- tract for Canadian -aerial nado, high commissioner tn, Can- ~ bembs,. among others. U.S. of- ada for Trinidad and ‘Tobago. ficials declined. to give any de- The cranes and trucks will be 8 tails. about the-cancelfed Cana-part.of modernization ‘wf the dian contract Port-of- Spain Harbor

“ge

bce aac

epee