~ DAILY MARKE

een atone

SUMMARY

By THE CANADIAN PR

Toronto: Market down; ‘tent trading.

New York: Market lower; to- paccos we

Montreal: Market jharpiy ‘lower; moderate tra lover; metre

' CURRENCIES

MONTREAL (CP)—The U.S. | dollar closed at a premium of | 4 15-16 per cent in terms of Ca- | nadian funds, unchanged from Friday's close. “Pound aerten: closed at $2°95, down %

NEW YORK

plar stock market decline Mon- | day mushroomed in late trad- ing to: the sharpest setback in | about ae weeks, Turnover) - was moder:

The nies Press ereenen| “of 60 stocks dropped 1. 259.00, the sharpest since a a of equal size Mareh 6.

Rubbers’ produced a string ot | fractional gains and a number of selected issues showed plus signs; but the general trend ~ was lower among motors, steels > gerospace issues, electronics | drugs, building materials,- oils

and rails.

aca stocks on the down- side were Distillers Seagrams and McIntyre Porcupine, off «%, Granby Mining fff % and t Dome Mines off %. — were | no gainers on the d

Prices were oiovr on the American Exchange. Jupiter Corp. fell % and Canadian Mar- coni and Shawinigan were off

%. What stocks did:

Mon Fri » Advances 332 482 Declines 725 551 Unchanged 268 252 Total issues 1325 1285 NEW YORK CLOSING STOCKS Associat

Beth Steel 42% Kennecott 8055

P Borg Wrnera 46% Monty W 3 | 4 NY Cent

Cons Edison 82% Radio Corp ai Al

EI! Auto El 50% Std Oi? NJ

El 76% Utd Aircraft i Goodyear 43% i Gt Nor Ry 44% Westngse soul Int T T 54

MONTREAL

were generally lower in light |

trading on the Montreal 7 Ca-

nadian exchanges Mo

Losses outnumbered Padre “15 | 67.

. while announcement of the cash | offer of $14.75 a share has been | closed. Slater Steel Industries | has taken up the 500,000 Found- ation shares held in aoncai we it by National Trust Compan under the terms of Slater’s bid | for minority control.

Imperial Tobacco was a pro- | minent loser, dropping % to}

16% in heavy trading. Labrador |

‘Acceptance gained % to 10% in | active trading and Stelco added 1% to 86.

Aluminium dropped % to 27% among base. metals. Consoli- dated Smelters added % to 21% | and ar" eon Nickel rose 4 to 82%

Power at 16 and Quebec | Power at 32% each lost '%. Bell | Telephone eased % to 57% and Shawinigan was off % at 22%. Macmillan fell % to 19%) ere papers and Abitibi rose

‘Bank ot Montreal gained % | mong banks. Canadian Petrofels preferred fell % to

13% among oils and Pacific | 3 e

Pete was up % at 14% among western oils,

Dominion Tar at 20% and CIL a 14% each lost %. Hud- fon’s Bay Company was un- “changed.

In active trading among

mines, Mount Pleasant rose 13 | Maclaren

cents to $2.08. Anglo-American | Molybdenite added five cents to | $3.95 and Tache Lake fell a cent to 28 cents. Opemiska Explor- i dali three cents to 29

‘On ‘index, banks were off 0.16 at 70.66, utilities off 0.5 at 136.6, industrials up 0.2 at 347.2, com- bined unchanged at 277.0, pa- Pers off 0.7 at 515.2 and golds off se aA = 7.

lot, xd— ividend, Xt—Ex. rights, xw — Ex-warrants. Net change is from previous

ing sale.)

Net "a High Low Close Ch’ge

Rtnck Cdn Celan 690 $3% M% MY € Cel 175 pr 175 $36% 36% 36% Chem 100 $7% ™ Cim Bk © 382 867% 66% 67 ~— $4% 144 44— % Cl Pow pr 109 © © —% CClee 0 #7 f C Marcont 175 $5% 5% S%— % Cin Cejan 382 $32% 32% 324 CPR 1195 $% 2% 6% 4% Cqn 72 $19% 13% 1%—% Coghlin 00 6% 6% a 15% 15%

00 200 2225 370 370 130 827

NEW YORK (AP)—An irreg- |

| Atl 3000—s«#6 6 MONTREAL (CP) — Prices | serdar as, die 1260 39 38 #39 +1 925

to 6 | Blu Foundation fell a point to 13 |

Utilities were lower. B.c, | Bo %

2000 «+18 7 108530 138 135 135

ib in 100 $154 M75 $21%

= 2 e a *

200 ~ Mm %

a ie 49% 50 - &

1100 2 23%

500 100 ro * ue ~

2110 — 13%

1285 202

1235 srrss 1% 1m + + 25 $25 3

PRODUCE

Don; MONTREAL (CP) — hone

ture department quotation: Eggs: wae dealer eal ooden car

% | to country stati | tons

Seleotares “a: large 40; B 36

%| medium 38; small 34; MIC 28.

Butter: Current eae ten derable 6344-63%; on-tender- able 63%4-63%; a ene

| prints, job price 64 - S. fresh] g | wholesale tenderable 63-64.

Cheese: Delivered Montreal, axed current receipts Quebec 32,

$13 134 134 +! white 31, wholesale white ed 32%.

$57% 57% 57% S$49% 491% 4

a4 1940 $16% 16% 16% — * $3231 %

$17 #17 «#17

pr 300 ie 1015 $82%4 82% a7 Blt 1,55-1

230 $39% 39% 39% +

7 $454 45% 45% — * 2

$23% 234 a4 $29 28

1 $84 & +h! $11 11 700 $13%% 13

$ 50 —% 250 +10

350 $18% 18% 184—% % —-%

300 510 510 510 —8 100 $33% 33% 33% —1 A Beau Beil 1000 74 ™% T%—I% Mol 12665 395 385 395 °5

99% 9% 9%

250 100 9% 9% 9% 0500 7%) 7 ™% +1

100 G00 64200 27

1800 43

300 $23%4 2314 23%

155 $4% 34M M

760 #755 755 -—10

600 1835 215 205 210

10500 13 12 #13 +41 4 4

Panwa A 1310 $12 = 12

aul, $20 20 ID cae. 3600 . a a2 —2 | 5500 53O a ssi 2344 25%

Se # = L =

36 3 10 e106 10% 10%— % 1900 168° 168 1 4 1000 «10 F 900 5 44 5 —% | Ft Reliance 500 38 38 38 —2 ral 11000

ah

700 $214 21% 21% % 9 §

Int Helium 2850 395 380 380 2610 400 370 385

3

300 115 «118 115 110 Pe nr “pas -% 500 250 % 9 800 $9% = mm +% 100 3.3 — 25 $2644 26% 24—%

122000 75 73 7% ot 367 $10% 10% 10%* % 222 500

500 8000 75 iC = 8200 31 «23 80 b000—i«*6 6 62350 210 19% 203 +18 326 «38% CO -% 100 C7338 2000 125 125 125 +4 Nat Au Ven 600 305 300 305 +10 6000 “a M+h

1000 «(57 a” xp 38600 32% 27 @& 3 100 590 590 —15

340 «6335 «(335

Ss 0 % 8 3s 100 = 8 9 -

100 $16% 16% 16% + 11000 27 «(27 Qye Cobalt 200 410 405 410 +410 6500 17 «1644 16% —1 7”) 6:«O8? 48 61 9 30 =1

EMPLOYMENT EMPLOYMENT = Serax"

color Potatoes: Local 75s 1.10-1.15; local 50s .70-.75; local 10s .23- -25; N.B. 75s 1,35-1.40; N.B. ~ -75-.85; N.B. 10s -24-.25; P.E 1.65.

DIVIDENDS

By THE CANADIAN PRESS Ee ail Power and |

Ltd., class A 62% cents

25,000 shares after earlier going to a new high of 145% | Slater was the evant mak:- | ?

4 4—- 150 140 140 —10 454 $42%4 42% 42% + % 595 $194 19 19 —% 000 37 35s 7

WANTED ae CFCY - TV

Young man 18-22 years to train as film editor, This type of work calls for neatness and patience. High school

education preferred. ty in waren ONLY, and experience to:— R: F, LARGE, Manager,

CFCY

Charlottetown, P.E.L

giving resume of

1361 $20 19% os y| common i“ cents, May 1, rec- | - T 325 $23 22% 23 + %| ord April 6 | $13% 13% 1 130 — une “i e al Std Gold 700 9 9 9 —1 Steep R 1690 695 685 685 —15 | 175 $30 29% + %| | 125 $49% 43M. 4384 cise | TaChe ee ek oe daeet te St y,| Tib Expl 3000 8 7% TH + | 4| Titan 500 9% 9% 9% J 437 $22 22 a 500 25 35 25 Se 8 oS Tooke 100 25 35s 130 $2244 22% + GM S14 106 16% + 6) ore Trento 2S dys eer ans Mt 170 im. ‘A 14% po ri RN in Gas 550 $22% 22% 2214 + %4| U Asbestos 100 570 570 570 —45 45 $57% 57% 57% + % | U Prin 0 89) «68— 85 +2 25 $52% on 52% + 4! vancard ar 101 $7%4 ™M—% ga. 2500 10 9 10 , | Ventures 200 $59%2 59% 5912 —2 100 $56%4 son 5644 —3% Wende}! 4500 3 3 3 $32%4 32% 34—“%iweop ; 1540 $5% 5% 53 Brew 8 $35 35 35 $11 11 11 Westville 10500 9 ™m 9

fs Closing sales: Industrials 110,600; | | Mines and oils 684,000. |

TORONTO

TORONTO (CP) — Action in | Lynx Slater Steel meres of Hamil- = on the stock market Mon- |

day may Bees cleared the air |

behind the mysterious take-over

tion Company of Canada Ltd.

bid two weeks ago for Founda. |

Slater’s shares jumped 1% to | 14 on a turnover of more than

ing the bid for 500,000 shares of |

Foundation, representing 42 per |

cent of the company’s chares, | ane it was successful in the of- | fer. |

Elsewhere on the market Fed- eral Grain took the biggest loss,

| off 3% at 53 on a small turn- | M over. Building Products dropped I

1%, and Imperial Life and Mac- | Laren Pulp and Paper A each | Ny one point.

Ne On the exchange index, indus- | N | | trials were down 1.50 at 623,92 |

and golds 1.10 at 86.79, their |

| lowest point since October of N Harri

last year. Base metals declined 205.24

26 at .24, while western oils | New N 3 38+ |N sylame 10300 40% 1% 304 +% % metals issues was mainly re. | New

advanced .16 at 119.47 Losses among junior base

sponsible for the decline in that | } index. Among seniors Falcon- | bridge and International Nickel each gained 1%, while Hudson Bay Mining was ahead %. |

Northgate was best among spec- | No

ulatives with a 40-cent gain at | $6 60. in Fractional gains to senior |N

western oils held the index up! x,

with Pacific Petroleum ahead %, Dome % and Great Plains | Development, Home A an Home B all %. | TORONTO CLOSING 6TOCKS |

actions Tome in ts unless Odd lot, xd— oe dividend, | x ee-righte, xw Ex-warrants. Net} | gee = from previous beard: lot clos- P. | ing 6 Net Stock Sales High Low Close Ch'ge MINES Abacus 16700 32 OU Acad Uran 4200 7% 6§% 6%4%—1 dvocate 550 580 S70 570 —I10 |

Agnico 6728 70 68 68 —2 | Akaitcho 200 3% % 3 =—3 | m Larder 2000 16% 16 164—%| Amal Rare 3048 15 15 148 —1

Aumacho $00 CB 8 n Aumaq 500 6 6 r 33 355 350 30 —10 Bankfield 3000 23 a] 2050 » SO 800 128 1% 128 +2 | Bary Expl 2000 “s* 6 ska wo 12/11 i420 | Send Ri B.Duq “4 Beav Lod

lorne 1160 Broul Reef 1600 Brunswk 625

on “Ss $139% 13% 19% + %) Tompin € Astori 4000 ey C Dyno 10980 101 «90 «1014 11 sooo 12 «11% 12 4% C Silica 4667 109 104 1 ia 2 2 +41 Captain 2000 ™“m ™% Cassiar fo wi 12 124 — «lo ‘aad Cent Pat 700 186 180 +4 lp Cheskirk 2000 4 - ip » 2@ +%) ChibKay 10000 16 15 15 am bM 0 ek lUllCU Ventu 900 67 «(64 87 +3 | Vesper Wi] «= 650 495405 SS | ey Lake u @ M Comb Met 26 4 @B MM 41 jaur Mw » +3 we Con-Key 31 1 Ss 6%*% C Beta G 100 7 ’ 7 aa C Calinan 3000 10 C Discov 1513 19 110 1% 6 Cc Fen 1s71 19 18% 184% ca s 3 Cc Ham om 48% 64% & +3 C Marben e824 Mogul 16 100 68 645 C Mosher (1440 210 1% 5 + Negus 3 12 W@W 12 Se - Con Nichol 300 4% #% 4% 4 4 MUlapa C Northid «= (2231 2% 3% 25% +1 Cons GQee 109 6 SG & C Regcourt 8% &% S%-—% C Sannorm 19° 6% &% G%-—% Conver 1300 685 «655 8D 45 Cop Corp 100 15% 184 184+ 4) Coprand 70 1m «1 18 +S Coulee om 2 © & 42 | Courvan ™ Ww 24 Gh 4 Bee

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Ottawa motorists about the capital’s spriag-thaw =).

20

23% 23 225 25

112 370 9 430 395

30 55

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40 375

185 52

+2 ar iat +% 4 4

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+1 1300 i 84 wus % | 10

13 2710 sia 14% 14% + 5 820 845 0% 4

29 136 56 66 197 15 147 105 16 13 130

ne 334 ms $66 My IN ‘DUSTRIALS 813 $28% an $9%q, 6070 $11% Ne we “ ." a

s

123 1 58% 58% — % | Bobby Hull won't be the last 400 S21% 214 21% + % | Player to score at least 50 goals

MOST ACTIVE TORONTO STOCKS

y The Canadian Pre

ce Low Close Ch'ge ALS

40

63500 119 MUTUAL FUNDS

By The Canadian Press

B

eaneneuwestta Leverage rs

Regent 5 Save and Invest of Canada 6% mer a eR

ao

3 20% 20% —

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POTHOLE DUCK POND SEEN IN OTTAWA

epidemic of potholes, ise ros | pothole and then paused -to

two residents who don them at all. The lilo motorist slowed down for this

wonder at its occupants. (CP Wirephoto)

= Bobby Hull Chihawks s

163 157 157 19% 19% an +%

Face High Scorer Jinx

By RON ANDREWS TORONTO (CP) — This isn’t intended as a kiss of death for Bobby Hull, but he might con-

. o 14 18M If sider the sad playoff plight of 1315 $135 13% 134 + % 473 $18% 18

his fellow 50-goal club mem-

18% — %| bers and even a couple of chaps

To boot, their clubs didn't

—30 | even survive the cup semi-fi-

nals. This isn’t to say that Chi- | cago Black Hawks should con- | cede their best of-seven set to Montreal Canadiens starting to- night, but let’s look at the rec- °

The man to lead off with fs club member No. 1, the great Maurice Richard of Canadiens,

e scored his 50 goals in the 1944-45 season and the league champions immediately pr o- ceeded to have their ears knocked back by Toronto Maple Leafs in the semi-final, four games to two. Maurice scored six goals.

Last year, club member No. 2 was Bernie Geoffrion of Cana- diens. As everyone knows, Black Hawks walloped Canadiens and | Geoffrion in the semi-final by

four games in two. The Boomer | scored only two goals. HOWE UNLUCKY

Gordie Howe, Detroit's great right winger, had a good shot at the mark in 1952-53, winding | up with 49 goals. But in the semi-final, Boston Bruins tm | inated Detroit in six games an Howe scored a mere two goals.

Frank Mahovlich of Maple Leafs scored 48 goals last year, |

setting a mark for left wingers | hich Hull broke this season, | but Leafs were knocked from | the semi-finals in five games by | Detroit. Mahovlich scored one

bt S

al. Hawks and Canadiens have

play and Montreal won seven |

|of the series. The two teams | | have played 46 playoff |

Canadiens holding a 28-16 e e| in wins with two games cee | in ties. Habs also have out- scored Hawks 142-100 in those games. In overtime games, Chicago has won five, Montreal three.

uring the 1961-62 regular season, Canadiens held a defi- nite edge over Hawks, winning nine, losing three and tying two.

z: = ~~ ROCKET RICHARD CONVINCED

* Hull Wont Be Last

7 To Score 50 Goals

MONTREAL (CP) — Maurice (Rocket) Richard, retired Mont- real Canadiens’ great, said Mon- day he is convinced Chicago's

a National Hockey League | Season. “One of these years, some- oe may get as many as 55,” Richard said. “But, I doubt if it'll be possible to do better than that

Richard was the first man to

“ ever score 50 goals in a sea-

son—doing so in 1944-45 during

* Canadiens, equalled the feat in

1960-61 and Hull got his 50th

3 1 mys +34 goal in Chicago's final game of ae 48% 45% 46 2% 19 2

the 1961-62 schedule which ended

“2 CURLING DRAW

The following is the curling draw for Tuesday at the UChar- | lottetown Club:

7 P.M.

Ice 1: E. Matheson, D. Mac- Lennan, K. Kennedy, F. Samp- gon, vs. I. Horne, C. Whitnect,

H. Smith, V. Newson, vs. D. | Matheson, B. Veinot, J.S. Tay- lor, B. Jones

Ice 3: (Mixed) — A. Love vs. Bell

Iee 4: Dr. Beck. E. Gillespie, Zakem, A. Wilson vs. Mel Jenkins, £. MacDonald, D. Ward,

nolly. Iee 5: J. Gorrill, F. Church, Dr. Craig, C. Downe, vs. Cam | MacLean, “ MacKay, I. Dow-

Ice 1: A. Smith vs. loser came 12

Tee 2: Losers games 38 and 39.

Tce 3: Geo Kays vs. winner game 10 — 4: Winners games 38 and

ice & R. Newson ve. ‘oser game

(the Guardian, Charlottetown, Tues. Mar. 27, 1962. 1%

Goes To Harvey

NEW YORK (AP)—All season | that best-of-seven semi - final

a large number of home-made

signs have been unfurled in

Madison Square Garden each

time New York Rangers play a

rye Hockey League game hom

‘a ‘signs, hung from the balconies, usually carry the names of players who are fa- vorites of the fans.

One exhorts: “Go, Rangers,

Another says, “I like Andy,” but doesn’t specify whether Bathgate or Hebenton is meant.

dh - —- ae rane home

playoff series in Toronto against the second-place Maple Leafs tonight.

Rangers are preparing im denen secrecy for the series

mst Toronto. Muzz Patrick, ~ ak general manager, has said that Rangers will only be- come visible when it’s time for them to show up at Maple Leaf Gardens in Toronto.

After working out there Mon- day the team left for an un- announced destination in On- tario. Patrick wants none of his | Players to be distracted by au-

nner, arene | tograph or picket seekers, and

| gam i Prvthary a essa on half a bedhseet, went on display. It

read:

a eeThanks Doug.”

It’s a sincere tribute to Doug Harvey, who in his first me as Ranger player-coach got team into the playoffs. It’s a | first time ~ = have | made it in fou

The fourth- ee Paces open

Bill Casper

Cons Tourney *:

MIAMI, Fla. (AP)—Bill Cas- per Jr., won the $50,000 Doral Country Club open Monday after rookie Paul Bondeson stumbled in the home stretch when he had the $9,000 first prize and one of professional golf's greatest upsets almost in his grasp.

ue was decided on the final green, when the 22-year-

“ Bondeson missed a 10-foot

t that ee have given him

, mile and put him in a sudden-

death eaenat sy oa The ae pesos the

ough n = cae course,

in ; pf eal Plagued by

high winds, Casper posted a 72-

hole hole total of 283, five under der par.

ROYAL HOUSE Japan's royal family traces its ancestry back to Jimmu Tenno, who ascended the throne

— nm

the silence was profound around | Motions Square Garden when

matter of where they’ll stay ml raised.

‘Toy Toy’

Lloyd ‘Toy Toy’ Gallant ts joining Halifax Kingfishers for their Memorial Cup series with - Ottawa District representa- tive.

‘Toy Toy’ performed with the Cape Traverse Evinrudes in the Island Senior Hockey League. He has been registered as a se nior player. However Hal contacted Gordon Juckes, secre- tary - manager of the Canadian Amateur Hockey Association and he has given permission 2 the Kingfishers to use lant be- cause he qualifies as a See

player. ‘Toy Toy’ should be a great help to the Kingfishers as he played outstanding hockey 4 the Cape .* the semi-finals a ae her

a a“ Wednesday

Bo in Halifa The Kingfishers are = pick- ing up Oscar Gaudet of Mone-

in 660 BC. | ton for a an

RUNDOWN OF HULL’S FEAT

MONTREAL (CP) — Bobby Hull of Chicago Black Hawks

scored a record - equalling 50

| Game No... . Date... Place..

Oct. 17, Chicago Oct. 19, Chicago 9 Oct. 29, Boston 3 Nov. 7, Chicago 17 Nov. 19, Chicago 19 Nov. 26, Chicago

Nov. 29, Chicago Deg. 6, N. York Dec. 18, Chicago Dec. 17, Chicago D icago Dec. ‘30, ‘Montreal Jan. 3%, Chicago Jan. 11, Boston Jan, 18, Chicago Jan. 17, Chicago Jan Jan.

SYss

. 24, Chicago

27, Boston

Jan, 28, N. York Jan. 31, Chicago Feb. roit

SARSSSERSKRHFSSSSES

Feb. 28, Toronto Mar 1, Boston Mar. 4, Chicago Mar. 11, Chicago Mar. 15, Montreal Mar. 17, Toronto Mar. 20, Chicago Mar. oa Montreal Mar. 25, N York

SBSRRISBABTE

goals in the 1961-62 National Hockey League mo Here is a rundown of his

Goalie Team. .. Goal.No. Head, Boston 1

Worsley, New York 2 Head, Boston 3 Bower, Toronto 4 Plante, Montreal 5 Sawchuk, Detroit & Head, oston 7-9 Worsley, New York

Chadwick, Boston 11 Worsldy, New York 12 Bower, Toronto 18

Plante, Montreal 14

Worsley, New York 17-1) Plante, Montreal 19-20 Bower, Toronto 21 Gamble, Boston 22-23 Worsley, New York 24-25 Sawchuk, Detroit %6 wi . Detroit 27-30 Gamble, Boston 31-33

Sawchuk, Detroit bd Gamhbk, Boston 39 Bo ‘er, Toronto Ct Gamble, Boston 41-48 Plante, Montreal “6 Simmons, Toronto 44 Plante, ontreal 45-44 Simmons, Toronto 47 Bassen, Detroit Aa

Plante, Montreal 49 Worsley, New York %#

=. night. Geoffrion ull both played in 70 - outa

2m ZE

Ss. “Hull is the type of an ath- lete who could break an records,” Richard added. a hada ae ability, shot

instin

Geettrion said = was ‘“‘ve happy” for Hull.

“He certainly deserves it, but | I'm glad he didn’t break my

record,” said the Boo ‘

“You have to have a good streak and a lot of luck go get that many goals. I don’t think}

it will happen again, not ist “| fi time anyway.

Richard said he oe Hull might go over 50 when the 23- year-old Hawk left winger still had 10 more games to play.

“He is a nice fellow, both =

Rocket. “He is an excellent hockey player and his scoring feat shows what kind df ‘talent he has

Richard says he has but one wish—that his 50-goal mark in as many games always remains in the league's reco

APPROVE HARBOR PLANS |

WASHINGTON (AP) — The U.S. Army Engineers Friday approved plans for a deep wa- ter harbor at Burns Ditch in the Indiana dunes at the southern tip of Lake Michigan. The re- port now goes to Governor Mat- thew E. Welsh of Indiana for his study. Then it will go to Con- gress. Most Indiana members of Congress have supported the proposal for a deep water har- bor on Lake Michigan to link Indiana with world markets through the St. Lawrence Sea- way.

ROYAL SECURITIES Limited

Corporation Investment Securities ALEX M. WILSON

nager 197? Graften St. Dial 45322 Ch'town

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