DAILY Oe RET oO TALONS

SUMMARY

By THE CANADIAN PRESS

Toronto— Market lower; ‘ mod-

erate trad

ing: New York—Market lower; to-

0. lower; active trading.

CURRENCIES

MONTREAL greene US. dollar closed at a premium of

nadian funds, unchanged from

Monday’s close. Pound sterling hanged.

closed at $2.95, unc’

NEW YORK

NEW YORK (AP)—Tobaccos

were sold heavily again and

the stock market continued its company to be m monotonous series of irregular |

declines Tuesday. Trading was moder:

The Gasesiabed Press average 60 to

of 60 stocks dropped 258.40. American Tobacco fell 3% and |

Chrysler 1%. Philip Morris lost

2%, Lorillard 1% and Reynolds

* Eastern Airlines advanced 1% s it filed a plan for cheap

reservation’ shuttle flights. |

1 gains were shown by Mountain Pipe pep i a American Air Lines. | both fell %. Imperial Tobacco mong Canadian issues, In- lost % to 15% to a, Industrial Ac-

Am ternational Nickel finished lower. Most of the others | showed small gains or were un-

changed, Granby Mining was up Textile fell i: 17% and Hud- son's rag t Company was un-

‘ Mines and changed at 13. ors Generar: Sone Sane Hollinger fell % to 20% among

%,, and ahead % were Distill-

McIntyre Porcupine.

Prices were uneven on the American Stock Exchange. Shavginigan and Preston Mines | were off %4 - Scurry Rainbow Oil was up

What socks did:

Tues Mon Advances 410 332 Declines 631 725 Unchanged 270 Total Issues 1311 1325 NEW YORK CLOSING sTOCKS By Associat: P Beth Steel 4% Int TT My Borg Wa 46% Kennecott 80 0 ‘ont Cons Edison 824 NY Cent

1 FI Auto El 5°4 Radio Corp 60% Gen Elec 77% Std Oil NJ 34%

OBITUARY

Inserted by friends and rela- tives as a tribute to the d ceased.

JAMES EDWARD WATTS “In the midst of life we are in death.”

Shock ‘and sorrow filled the » whole community of Grand Tracadie and the surrounding area, when on the morning of Ostober 1st, it was learned that James Edward Watts, son of Mrs. Edward Watts and the late Edward Watts, was critically injured in cra proved to be a fatal aceiden The best ar medical skill and hospital care was given to the

where for twenty-six days, in an

oncious state, he waged @ relantions battle hetweca life and death. But the injuries sus- tained in the tragic accident pro far nd the touch of medical skill and hospital at-

tention and on October 26th he | cr ‘pow

passed to his eternal reward.

CI Pow p | Tai Edward Watts was born | c Marconi

and lived at Grand Tracadie during the forty-one years of his life. A member of a family of eleven, all of whom are still living, he was the last remain-

ing of the family in the home. | stead to be the sole source of |

comfort and assistance to his bereaved and aging mother with whom he lived. Time, the great healer, may soothe the aching heart of his sorrowing pmo ut it will never dim the m

ory of a fond and loving son ree bring back the ee that

cheer

Charlottetown, fred MacDonald, St. John, N.B and Pearle, Mrs. John i His funeral, on October 28th was held in St. Michael’s Church Corran Ban, where Requiem High Mass was celebrated by his pastor, Rev. 0.P. Wood Present in the sanctuary were Very Reverend P. F. MacDon- ald, and Rev. Clair MacDonald os a ce eee ee tick Hughes, Jack MacDonald, Gordon Roberts, Michael Watts, en See Penge Comp: CARD OF THANKS The family of the late James focal, “he. oP We ee ee Holy Redeemer, Dr. Paul Cud- More, Dr. M. J. . nutses _§nd staff of the P.E.1. Hospital, tnd to all those who sent flow- tts, Mass cards, letters and Cards of ot who help- ed in any im their sad be-

t i

PRODUCE

Steel prament Lid. of Hamil-

Pills, however, were - Shawinig:

% e 20% in heavy trading, cal- and | Bateman 3500 ae oe 2 ‘Bel Telephone was off % at. “opate

Wicaada fell % to 59% among

$23% 82%. C Dredg ” site 134 wa Mee rose % to 26% among|¢ xoark 2900 15 115 1 : papers. MacMillan at 195, and |c Silica 550 110 105 110 +8 group fares on its east coast ‘no Abitibi at 45% both eased

go)

Mount Pleasant was up two cents among mines. Jubilee Iron | gained 55 cents to -4.40, Glen | Lake Silver rose eight cents to $1.40 and Bornite Copper fell 1% cents to 25% cents in heavy

ndex, 2

| at 70.59, utilities off 0.1 at 136.5, | Sauer off 0.9 at 346.3, com- ned off 0.6 at 276.4, papers off Of oe and golds off 0.79

imagneey tabulation of Tyesday trans

change is ood "aida borda-lot a {i

MONTREAL (CP) — satel — ee : Wholesale dealer eae

Cc 28. Butter: Current receipts

more | erable 63%-63%; non - ia Ges — gains, 109 to 53. ial Oil dropped 1% to 48 pela. job price 64-65, fresh in active trading. Foundation ell % to 12 Slater

|able 63%-63%; fresh creamery |

holesale tenderable 6342-64. trea Delivered Montreal waxed current receipts Quebec ae 31, wholesale white 32, lored 32%. *Pota toes: Local Reus 110-1. -

18% | . — trading. cee Steel local 50s, .70-.75: local 10s . Avalon Tele- | 25: N.B. 75s va ae oh in cue rose % to 15% on an 75-.85; N.B. nouncement the Board of Trans- ap- |

10s .24-.25; P.E.I.

proved an offer to ane over the | | Anthontan 00 89 «66)CUS

75s 1.55-1.65, 6500 7 2T o & j | ‘atlas 11000 7 5 6 tlas Tel 19350 345 335 345 +5 August! 38 43 +4 Avalon 1590 $15% 15% 154+ % | Baker 1500 13. 13) (13

2500 125500 2644 z 284 1% -%

200 Barat Hill 4200 23 22% pa ” Cal Ed 23% et -%

Canorama 2300 4% 130 «13 1 Carbec 47000. 2826 27 Cartier Q 500 9 9 9 nt Del 1990 50 750 5 Chemaloy 2150 210 200 20 —9 Chib Cop 5100 13 12 124—1% 44 4

a 4 —2% Cominga 3100 4% C Paper 654 $12% 42% 42% + % Con Gai 10 $1 19 Copstreaam 2000 37 35 8 37

It 100 820 «20 0

» «37 21200 11 10 10% Glen Lake 27400 140 132 140 +8 Geco Mine 300 $294 29% 294+ % Gold Age 1000 2% =6621%43 —1432%41 Hollinger 605 $21 20% 20% — % Int Helium 2300 3909 375 399 —1l0 Jubilee 2745 440 370 440 +55 2 42

Co

Maclaren A 350 $23 22% 22%—%

Massval 30009 8% a4—l a WW

40550 71 62 49 Mer Chip wicoo 18 18 18 rrill 900

Me Mid Chib 3000 360 28H 000

sone cure 1 7 7 7 970 % 57 + Mt Pleast 40700 209 195 215 +2 IR Dairies 375 $8 8 —%& Murray 2990 127 125 125 Nati 1 12 12 12 Fo! 25 5 5 s —%

N a 5 New Rich 3090 184 18 18 =I

PA Inv rt 1 : 10

aud 6500 oo ™ +% Pembina 200 83% Pitt Prod A 700 sd a 1a Place Go 500 66 «6668S Porcunin 10500 . 7 7 =!

Que Chib 3300 7 6% O27

Que Cobalt 1200 410 400 406 —10

Que Smelt 11000 16 16 6 —% berval 9

Rol 8h 8%

StL I 30 710 «#705 (705

St Law Div 625 195 19 125

Sauce Dev 3550 (75

Shop Save 301 au 1 %

S Dufault 19500 16 139% 134 —1%

Spa 18250 150 155 =410

Steep R 200 690 685 685

Tache 34800 7 6 29 +1 zin

Trans Mt 1800 yi 4% 14%— n Gas 275 $21% 21% 21% — %

U bestos 100 § 585 585 °15

Un Obalski 1700 ao z

J Prin 2000 85

U Towns El 60 sti im 14%4—%

Vanadium 100 330 330

guard 17000 10 ar 9 —1 9500 «(8 6 5

3 m% Mm

Westville inom go ™ 9

BS

mines and oils

‘s Closing. sales: Industrials 160,100; 747,000. an

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E

ime TORONTO

TORONTO (CP)—Losses far | &% & | outnumbered gains on the stock | L

market Tuesday during the heaviest trading in more than two months.

Slater , after showing strength early in the day, went along with the downward trend, declining % to 13% in fairly ac- tive turnover. The stock stole the show Monday with disclo- sure that Slater was behind the

m er over

Foundation Company—an offer

which proved successful Elsewhere on the industrial

ropped % | ese, aoa Pipe Line |

and BA Oil Amon, the few gainers were Consumers’ Gas, up %, ions Corporation, up % and Al Steel, ahead %. = the ete index, indus- trials dropped 1.86 at 622.06, golds .71 to a lowest since September — base metals ro a 20808 aa cones ba 1.03 tig oat, International ow Be phn ha Al ‘anda %. rose %. Northgate on on ir cents to $6.80 in specu- lat ce

, Hudson’s oo crapped = “Gober and Edmonton % and Home B %. gained % and Home A

CLOSING STOCKS By The Canadian Press Steck Exchange—March 7 Complete tabulation of Tuesday trane- actions, (Quotations in cents unless

=Beaseak. z 3 =

~ = = = = t

>

i

es eaegddeaigeiad: «223 «22?

«52-3.

D Lea: bd

D Oilcloth 100 825% 25% 25% mont 100 31 —% |

Dumagam 600 45 40 45 +9

Drum Weld 100 $12 12 122 —%

Fano 1500 4% 5

Ft Reliane 1500 38

Geco Mines 1540 $2004 2944 294 — 14 C

m2 2 3.0 1302 11 4375

$00 72 71 OT Od 809 «5% «OS 2066 0=—l 8 9 ® ew 6 (Ff (lf 18000 6% —1 Man 17000 17 ~ 15 % +5 Q Mattemi 209 25% % 68 845 915 915 —15 17500 52S 2 S200 57 = 53 15700 9 887 24700 «11 % oO —1

Rix Athab 23500 50 44% 46 2 0

6 5200 158 153 158 +8 1234 $59% 49% 49% + % 1000 154 154% 154+ % 800 «82 oe +1

7% +5 19000 14 13% 144 +¢%

5 5 5 8300 160 135 155 —3

ale Lead 4500 10% 10 10 +% 200 +%

11390 @16 805 810 +5 5 48% 48h 484 + 0)

ILS 16 10 500 46 46 Ho 930 224 22 4 2400 «27 7 +1 200 980 960 960 —40

125 $25% 23% 25%

135 135 2 90! 7 7 -% 300 279 270 «270 —10 7000 19 —-%

1 —2 2600 $139% 13 18%+% ‘ ‘4 ‘ 7 97 % 1909 325 315 315 —S 95! 2 * 2R—% 200 $13% 1 13%

1m 14 + % 7 Std i ‘| re and or ot Cadada a Ame

Lif AB Oil G 875 $18% 17% 17% — % | Supervised

1117 $13% 13% 13% —

| Lont Point 2500 99 | Maj.rans 200% =?

Pete 210 860 Pamoil 12307 Permo 5 Petrol 500 56 Phillips 578 (23

| Place 30

ac 2115 Wsburne 3000 Wstates W Decal

| Windfall 1571

By Stock Sales

AltaGas BC

Yan Can = 78500

Place 3

Glacier 29°00 th U

Northgte

Ult Shwa rae

Champion Mutual

Fonds Collectif B Fonds Colleftic C Group Ine.

Investors Int'l

Mutual Income

Png a

| ye —10 |

~

+m) | tion

1™% 14 1% + “ onto St. Paul's

Inland 100 $6 Inv Syn 262 $67% mpsons 590 $305% Stedma 540

MOST ACTIVE TORONTO STOCKS The Canneten

omnes! TR Thad CG In 11320 $7: *714 ™ ™% Cdn Brew 5887 $11% 11% 114% + %

5933 $32% Imp Tob 5740 $16 Po 5098

0 Wayne 209300

‘S MecWat 193150 67

90983 G90 atin Am 70350 133

| Canadian Investment nafund

Commonwealth Inter. Commonwea:th Int.

greats, Hon. Rodolphe Lemieux, Corporate Investor:

from March, 1922, to June, 1930. I

In addition to serving the pre- MEATS a)

sent Parliament since 1958, Mr. |

Michener was Speaker for the Dial 4-3745 or 4-4233 when

one-session Parliament between

the 1957 and 1958 general elec- | :

tions. ] WEATHERBY’S CLOVER FARM Prime Minister Diefenbaker | 79 Up. Queen St. Dial 4-3644

had hoped to break with tradi- | on sone

| tion and achieve the permanent |

Serer arene reenter REC Ay) NR EC Le noes

Growth Oil and Gas

Mutual Lome ting

N olan of Canada One rt Street

(The Guardian, Charlottetown, Wed., Mar. 28, 1962. 13 » House Speaker, Deputies "Kept Off Campaign Trail

By JAMES NELSON speakership — an idea nearly

session after serving more than

OTTAWA (CP)—Three Con- everyone on Parliament Hill two years as one of Mr.

| servative MPs, the prisoners of |favors—by nominating an oppo- +1 | tradition, are sitting idly by sition member in 1957. + while their fellow members KNOWLES SAID NO

stump for votes in the general

ar.

jhe three are the presiding _ generally regarded as the most ficers of the Commons— expert member on Parliamen- Speaker D. Roland Michener tary procedure

and his deputies, Pau! Martin- Mr. eau and Gordon Chown. Tradi- clined

baker's parliamentary secretar- ies. In his former capacity, he was active in partisan politics He offered the nomination to publicly on behalf of the prime election expected later this Steuer Knowles, then CCF MP minister and the Conservatives

ut

innipeg North Centre and in not only his own

in other ae of Quebec and eastern Onta He cer to

Knowles, however, de- nightly broadcasts to his riding

on grounds he would started when

tion requires from them ahso- have to leave CCF activity for bencher.

lute impartiality on political the non-partisan post. He was questions. They can't set out on defeated in 1958 and now 1s the campaign trail until the vice-president of the Canadian | house is dissolved and an elec- Labor Congress. He was one of

called. the founding fathers of the New marks.

Michener, 61, first Democratic Party and has an-

elected to the Commons in Tor-

1 | for Parliament again and ment Mont 451 — 69% 914 — 4 | as a constituency organization | 7, 4 —

The Liberal and Social Credit | Speaker is customarily granted P eral me a 4 parties have already nominated | acclamation. He serves throuzh “DP, in Winnipeg South

candidates to run against him. several y | Liberal Ian Whan, 46, a Sas- there is a change of govern- katchewan - born lawyer and ment, oe 30% — % Rhodes scholar has been yu meet diplomatic or vice-regal

|paigning actively for almos ic

$53% as two years. Mr. Michener, oo Since os $22% 21% 2 + \%' dentally, was secretary of the from active political camnaizn- | Rhodes scholarships committee ,ing and from expressing parti for Canada when Mr. Whan won | san " A jhis in 1937. Speaker and his deputies in Pep Bottle Sanene keep their political ree- ve Sein SPEAKER Ss and names alive among ~ the constittuents on whom they — | and Mr. Cho MP for Winni- | must depend for re-election? a South, cae expect two or | | WRITE LETTERS more candidates to oppose All

Martineau, MP for Pon- | tae-Femiseamingve in Que

them.

constit

The Canadian practice has) Mr. Michener has attended a been to alternate the speaker- | large ship with each new Parliament | other functions in Toronto St. between English - and French- | Paul’s arranged by non-political

king MPs. The speaker is | but politically important groups, nominated by the government such as associations of various party and elected by the Com- | ethnic groups. He keeps in close s. ut private touch with his con-

The last Speaker to serve | Stituency executive. more than one normal term r. yas Ap was one of the Commons’ | Pointed Deputy Speaker this

Mr. Michener may

until retirement to some

viewpoints. how do the

three men maintain a large volume of correspondence. are not prevented from

number of banquets and

need he will leave the CLG NEVER in 1953, will run to stand for election to Parlia- Mr. Martineau has two oppo-

But casts are factual reports of par- liamentary developments and he shies away from partisan re

s a back now the broad

AT CAUCUSES

nents already in the field Diefenbaker's view was 284inst him, Liberal and Social

Parliaments, even if

Knowles had ar- Credit. There may be a third

who will be @

will probably also

Mr. » | working for him. But he has not that if Mr. yet been formally nominated cepted the precedent would from the NDP. 83% 83% —% and will not attend political have created a permanent Mr. Chown, ig 6% meetings until the election is speakership. in August, | announ In the United Kingdom, the ave two opponents, represent-

ing the Liberal party and the N

they are prevented

uents,

ineau, 40, w

Gov't. Inspected Branded Beet ey

ack Guarantee aan

Severvient ess " at de Corporation Limited jupe! xec . ; 4s Senervioe! EXXEC Y% ‘6-4 | Investment Securities LIMITED Supervised Exec 58 723 0«7.90 9’ ALEX M. WILSON ] Supervised Growth 2.17 = | Manager 8 ised I 4.62 46 TV Electronic oo: 905 | 137 Grafton St. Dial 4-5322 Ch'town, P.E.L Timed Investment 6.40 6.91 Ch’town

cumulative 46 6.93

J. &. T. Morris Led. At Your Home

Pickup in Charlottetown we'll pay you,

Two Cents Cash for small bottles

Five Cents Cash for larger bottles

@ Coca-Cola @ Peerless beverages @ Morris beverages

you have your bottles ready driver will pilek immediately and

pay you cash money.

J. & T. MORRIS.

them up

and

of

3400 Midrim 3000 Min Corp an sis a" ee oneta

: e

file and “del set

flat drill by well "4 /known Canadian manu- bg a \facturer, and set of car-

48 bon drills for drilling soft metals and wood 11/16” to 14". Reg. 1.15.

88c

392352993 g**32~*

ae ee i

Ch’town

a,

Regular 2.25

Hack Saw

good quality, ae ie Ww

hack saw, blade. Reg. 2

Expansive bit—Swedish tool steel hardened and ie ms 33 isharpened for fast easy cutting; 9 7/16”. Reg. 3.

sharpened

1%,” round shanks for

zs " “te ‘es “it ie iwth electric drills, 4", 5/16", %”, 7/16",

ou + ~ and ¥", Reg. ‘259.

only 1.88

ealy 1.88

fa Wood chisel—forged in Sweden from high qual- ity Swedish tool steel; use. 34” size; reg.

Bench grinding stand u“

with oilless bronze be an % |turned down to 14” at each end:

—heavy cast construction arings; 54” diameter ‘shaft complete with

Hand ae Distan in the popular 26” size by pulley. Reg. 4.95 3.88

8 points for cross cutting; reg. 4.40 ....++. 3.38

Screwdriver Kit plastic handle complete with 4 bits, 2

aoe on slot; reg.

24” Alum. Level good quality; the handyman or pro- fessional; by Stanley.

Reg. 5.75.

Special!

Augur Bits

clean cutting, : tre brace b fs ular sizes; *.”, 44”. Reg. S44,

only

and ready to

bar

Made in Canada from || *rong, well made Dis- quality materials; pop- ular 24” size; reg. 1.10. cluded. Reg. 1-15.

88c

wrecking si Ww

ton saw; 63%’ blade in-

88c

Alloy Steel. Reg. 1.25. filling cracks and seams in walls and ceilings. Sc.

88c

Rt ‘ste Fe

SALE OF

CARPENTERS’ TOOLS

88c - 1.88 - 3.88 - 4.86

Torpedo Level

9” level with 3 vials, 1 plumb, 1 level, 1 mitre. Made of aluminum. Reg.

88c

Cold Chisel & Hammer

¥%,” superior brand chisel for cutting bolts, iron, etc. Hammer by one of Canada’s largest tool makers. Reg. 2.29.

1.88

Bit Brace

by Stanley; popuiar 10” size with hardwood trm. Reg. 4.80. :

88c

adjustable wall Reg, 5.95 wrench scraper Plane

we las ne ” Crescent ttern || can be used for remov- |} 8” smooth pla , ada ite me 6 m || ing wallpaper and for Stanley; 1%" cutter;

special value,

only

4.88

Tape

Steel || Wood Scraper

Evans 6 ft. white handy 214” scraper for re- faced steel tape in moving paint, ete. Double

Level

6” level in aluminum case and pocket clip. Reg. 1.10.

88c

Screwdriver & Square

unbreakable amber handle driver: 6” tempored alloy steel blade: combination square with 12” slotted blade for 45° and 90° cuts.

Reg. 2.25.

1.83

Vice Grip Plier 7” nickel plated plier with strong. pipe wrench jaws;

reg. 2.49. 1.88

metal case. Reg. edge replaceable _ blade; 1.10. regular 1.00. only only 88c 88c Pocket

Reg. 2.39 Pliers

6” side cutting oer made from spec ally selected tool steel with brigh sh heads-