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65,989 635 units period

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A truck-borne crane for use ed in collisions, is demonstrat- fn removing autos parked. ed for Rome politicians. The obstructing traffic, or damag- crane was put into service io

Discontent Hinders Plans

For Record Outpu

By GORDON GRANT scetie, Stephen B. Roman, pres- Canadian. Press Staff Writer ident of Denison Mines Lid., | Canada’s car. makers, aiming |took some of the wraps off the

at an fourth year/company’s plans to sell ura-| of | production, are being | nium in Europe. hindred by employee discontent. At the annual meeting of Den- of cars and trucks }ison in Toronto Friday, Mr. Ro-| is an estimated |man told sharcholders the com- | with .70,-|pany “is well advanced in ne- | in same | gotiations for 100,000,000 pounds of uranium oxide to be deliv- in

Hh

He did not. reveal the price but said the deal would be com- | pleted within six to eight weeks uranium oxide will be sold | Euratom .and wil) be mined Denison’s rich ly m Blind River area of Ontario,

PLAN. SMELTER aoe Rg company, “and Sme'

i

.

with

if

Mining Co. of }

: :

ONE FOR THE HIGH ROAD

-on the Toronto Stock Exchange

|

:

the

the Italian capital over weekend.

t Of Cars

The plant and mine, 73 miles orth of North Bay, will cost more thai $40,000,000 and pro- vide jobs for e00 persons.

INQUIRY OPENS FEB. 25

Meanwhile, dates have been set for the start of public hear- ings to inquire into the trading of Windfall Oils and Mines Ltd.

The royal commission hear- ings will open in Toronto Feb. 2%, move to Timmins March 1 for about a week and. then con- tinue in Toronto.

The royal commission; headed by Mr. Justice Arthur Kelly of the Supreme Court of Ontario, will investigate the boom-and- bust trading of Windfall shares

last} July. Windfall climbed from 31 cents to $5.60 amid rumors that the company had a strike on its copper prospect in. the

Ree: It fell more compa

oF tunnowntet ee as

| }

f

found no ore.

Kirkpatrick siden | Cominco, said the--smelter | in the long-range interest of ‘Canada’s lead and zine indys-

. . s é . upeminin y cenines fer tan |

;

i

1

18.4 per cent | 749 earned in

also’ announced | Steel Company setting up a $2,-

Hamilton

»117, $19.7

§ a

from 1963. :

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5

soetevesceseeces $12.00 per TON 7 Cts. per Lb. 16 Cts. per Lb. He per dor, $3.00 Each $1.35 Each’

MAURICE BLOCK CO. LTD. 158 Kent Street Charlottetown

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p eoeeerceterenccegsccccesecees AD SPOOR ETHER OH ETH eee Eee Far LE OPRAH ORO OERE CR ORR COREE Eee eee eee

Peete Pee ee Pee eee eee eee e re ere ree

“POLICE BALL Feb. 3rd,.1965 + at 2 ‘CLOVER CLUB _Few Tickets Still Available.

‘Anyone wishing tickets May | Call at the Police Station and pick them up

aby

jail

Cameraman Fined $25

‘For Contempt

MONTREAL (CP) — James

Gratton, president of the Mont- real. Press

Photographers Asso- |ciation, was held in contempt of court at an extradition hearing for Lucien Rivard.

Gratton was ordered by Mr. Justice Francois Caron to pay a $25 fine or spend five days in

| Gratton paid. Camera

ment confiscated on the j ‘s orders was later returned.

The ‘development came after the Rivard hearing, which ended in the rejection of a writ of habeas corpus for the sus- pected narcotics - conspirator and key ¥igure in the Dorion in- quiry.

A number of spectators at the hearing, including Mrs. Lucien Rivard, were filing out of the courtroom.

Through the open door, Judge ‘Caron, still on the bench, caught sight of a camera fash.

was responsible. Gratton, a freelance movie cameraman, was brought back

to face the a, judge who sais to

|12 The Guardian, Charlottetown, Mon., Feb. 1, 1965. 'the New York Stock exchange:

Industrial Average AtN.Y. | Goes Over Magic 900 Level

NEW YORK (AP)—In a his- toric week for the stock market, the Dow Jones industrial aver- age closed above the “magic” 900 level for the first time in history.

All market averages wefe in gear during every trading day, making historic highs through- out during. the last week.

Traders and investors were drawn back to Wall Street and the week's volume 30,862,350 shares from 26,917,740 the week: before. It was the largest since the week ended June 2. 192 when 40,563,230

shares were traded. That was!

longer, wider, lower

swelled to

FGA pie MMi SN sa a lnc te

The ’65 Pontiac is excitingly new. It’s profile tires. Its new wider track gives

| Fears Eased

cent of finished steel output.” The publication notes that the

Brunswick, up 1 at 9% on 434,-

| 400 shares; Curtis Publishing,

up 3% at 11; Sechenley, up 4% « auto industry and ee at 29; Texas Gilf Sulphur, up F D | the two biggest users of steel— 3% at 68; and Westinghouse or ec ine also are counting on a good Electric, up 4% at 46%. ° | year

The five most active issues on In Business | While there has been some the American Stock Exchange: . strike hedging. Steel says, the |the week of the “black Monday” | Syntex, Op 3% at 84% on 301,- CLEVELAND CAP) Stee! | Prevailing feeling among steel crash which climaxed the 1962 200 shares; International Oil manesinc en . aos aa busi- users is that ‘‘worrties over the plunge. and Gas, up % at 9%; Foto- rot decline after a steel labor possibility of a long steel strike The Dow Jones industrial chrome, up % at 10%; Tel-A- ttlemest “are bein dis- and its depressive effects on

average this week rose 9.27 tO Sign, up 1% at 8%; and TWA pelled nr 8 business are unwarranted.”

(902.8), its record closing high. The Associated Press average of 60 stocks this week advanced 3.3. to. 4 record 337.2, its latest record peak. Generz. Motors climbed back

LITTLE ILING

The metalworking weekly journal says the high level of steel consumption has made it difficult for users to lay aside as much strike hedge tonnage as they would like.

Noting that May | is the ear- liest date that a steel strike could be called, the magazne says:

‘Lead times on some products

warrants, off % at 33.

TORONTO ‘CP Teresa Stratas, Toronto - born singer with the New York Metropol- itan Opera, will marry Montreal above the 100 level, rising 2% |Symphony orchestra conductor to 101% and providing a prime | Zubin Mehta in June, it was example, wel] heeded by inves- |Teported, here Thursday. Mr. iters. Glowing reports of auto | Mehta, ‘born in. Bombay, con- sales accompanied its rise. ducts the Los Angeles Sym- |Chrysler rose % to 58% |phony Orchestra as well as the The five most active issues on | Montreal orchestra.

Prospects for a continuation of the current high level of steel! consumption. are shaping up, says the magazine.

Citing a report from the American Railway Car Institute

that the railroad industry will spend about $1,000,000,000 a year over the next 10 vears to mod- ernize rolling stock, steel says: |

“That's good news for steel-

“jgnakers. The rail transportation are extended so far that the Ae us

ee ed

Soe

penesaaae ne A, | aeepemme ce a

——

TY |

it road-hugging stability. New suspen- siongivesa smooth, level ride. Comein and see if you don’t agree it’s the most beautiful, smoothest, riding, easiest handling and most comfort- able-to-be-in Pontiac. you've ever driven..

'65 Po

on its new low-

ORS LTD. OFOY-TV Fridays at 10:30 p.m. and “The Rogues”, Wednesday at 8 p.m.

Aes by

market takes sbout four per deadline ts here for

Upper : Parisienne Sport Coupe Lower : Parisienne Sport Sedan

the new look of success -

ecdering

steel for delivery before May 1.

Lead time on wide steel \plates'“‘is already too late,” | steel says. Lead times on other products range from two to !3. weeks.

The . publication says ingot production this week is expected |to be up slightly from the esti- |}mated 2,695,000 tons poured i | United States mills last week.

Steel’s composite price on No. 1 heavy melting grade scrap remained at $38 a ton last week. But the magazine warned “a downtrend may be in the mak- ing’ as the scrap market is weakening.

NOISE FATAL

A Welsh farmer collected $840 from the British aviation min istry after his mare died ol \fright when a jet plane broke the sound-barrier nearby

%

A GENERAL MOTORS VALUE

Welcome to the wide wonderful world of '65 Pontiac. Your Pontiac dealer invites you to slam the doors, peer in the trunk, lift the hood, admire the upholstery, feel the carpeting, lower the windows, honk the horn,take a drive and enjoy the performance, ride, handling, roominess and comfort of this newest of all for’65.... Pontiac.

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