,Canhdlan newspaper men recently visited a Second orld War cemetery near Ravenna. Italy. to honor Can- adians killed in battles around
}.
EWPAPE‘R MEN HONORWAR DEAD I.
the River Sanio in Decem- ber. 1944. and January, 1945. Among the reporters who p ed wreaths on the graves were. from left: Jack Perry.
{The Mn, Charlottetown. Mon. Oct. 20, 1964. w
1.!
By FRASER WIGHTON
Eparty‘s tiny majority in Parlia-
sources said Thursday night.
V comment
,1 No Deal With liberals Is Planned By Wilson .
A proposal for such an alli- resistance to ance was launched Thursday by idea of Woodrow Wyatt, a right-wing ization would raise an immedi- Labor member of Parliament. ‘. ate outcry from party elements
Wyatt said the only major
LONDON (Reuters) — Prime concession his party would have ‘Minisier Harold Wilson does not to make “ ‘intend to strengthen the Labor ping of any attempt to national-
wou rop-
steel in its old-fashioned But sources close to the gov- ernment said apart from Labor
any pact, the giving up steel national-
However, there was no public‘now expecting the government from Wilson, who to ‘
stick to a strong socialist
. , {spent tiie day with his cabiiiet’program.
)
with Pat- ricia Pearce of the Montreal
former journalist now the CPR. Toronto; Mrs. Star and Real Pelietier of Montreal Le Devoir.
| problems.
‘and the Liberals-with nine- new Parliament.
Informed sources made clear Wyatt's proposals
in
iany consultations with Laborj party leaders. l
to carry on without seeking any [talks with the Liberals.
' i STATEMENT ISSUED i
l Liberal Leader .10 Grimond,’
lmeanwhile, issued a statement
“whenever they;
are put forward. l
Such opposition would t‘iere-
fore be a major stumbling block
In any attempt to achieve an
alliance between the two par- ies.
A similar proposal by Wyatt
Que. Steel Industry Entry Sparks Business Questions
By GORDON GRANT Canadian Press Staff Writer ,Quebec's proposed entry 'iit’i the steel industry caused little positive reaction, but raised many questions last week.
Premier Lesage said Monday that $250,000,000 will be spent
any debt issues. However. won't control the mill. GIC epected to hold some 40 per cent of the shares which would in effect constitute control. the questions that cropped up with the announce- ment was: It the industry is lot
it 5
eral terms that an eact assess ment was not possible.
One analyst said: "I wonder whose markets this new indus try is going to replace. Maybe t h r ou g h tax incentives, m something of that nature. the Quebec steel company will have a favorable market position
“l‘m sure that Stelco is wor- ried since it seems the most likely company to be hit hard. After all 1.000.000 tons of steel is a large chunk of the Quebec market. '
|tac klin 2 Britain's economic DELAY [s POSSIBLE
l
it
I radical alliance“ between thetainly neither wish nor attempt two parties were made without to depart
' lcal
With his shoe-string majority,
i The Labor government has an‘Wilson might well 'iave to de- over-all majority of only fourllay the implementation of the seats in the House of Commons, lLabor must of steel nationaliza-i
lion anyway until a strategic-
could play a vital role in the ‘aliy favorable moment, the
sources said. I But it remained a plank of
for a i policy from which he could cer-
The middle-of—the-road Liber
als, while preserving their inde
l ’ They stressed Wilson intendsfpendence, conditionally supporti
the government on issues where iberal and Labor views coin-l
cide. But there is no reason to be-l
‘ lieve they are thinking along the i lines of Wyatt‘s plan.
Earlier this week, Grimond expounded his own views on the present political claiming it was time for a com- plete realignment of progres~ sive policies in Britain. , Yet what he wants to see is al diffeernt political setup in which; a genuine so-i cialist party, a progressive rad-'
party which some Labori party members might join, and:
. a Conservative party. l
CHISEL, DRILL USED ON BRAIN
SOUTHAMPTON. iReutersi—A chisel electrician's drill d delicate brain operation
England and
in on an injured seaman. l’ was revealed when the
Northern Star berthed here
Assistant st e w a r d John Bridgman. 22. accepted a challenge from some passen- gers to dive into a swimming pool from a high balcony in Tahiti. He struck ‘.iis head on the bottom.
He returned to his cabin, but next day could not be roused. The liner's surgeon.
aniel Morgan. decided Bridgman was suffered from severe brain concussion.
Armed with a drill from the electricians department and a chisel loaned by the engine room staff. an per-
Bridgman was reported to have made a raoid recovery. formed a 5"2-hour operation
in the liner‘s hospital. l l
Quebec Steel Co.‘ Will Seek Funds “From The Public
MONTREAL (CPI—The new company which will build and operate Quebec’s p r o p o s e d $225,000.000 integrated st e e l plant will go to the public for funds late next year or in early 1966. Gerard Filion, g director of the General Invest- ment Corporation, said here
The corporation is organizing te steel company and financ- ing its initial operation with $25,000,000 invested by the Que- bec government.
Public participation - sought through offering of bonds and debenture - common stock packages in units.
Amount of these offerings Will i
l
000in
. ticipants,
President Johnson leans forward to receive a kiss from a gaily-dressed Seminole in-
be about $160,000,000 with the isions with Dominion Steel andl
dian
KIS FM SEMINO’LE GIRL
girl.’ held up by her
mother at the Fort Lauder- dale airport Sunday, An in-
dian boy is at left, and Flor- ida Gov. Farris Bryant at right. watch the kiss.
Mr. Filion said that the In-
emphasis expected to be on the Coal in July but “I think the f VCSlnlellt COFPOFBUOD Will keep
debenture - common stock units {deal was turned down in July.' I "We've not held any discus. 3 cent of the common stock in III.
rather than the bonds, Mr. Fil-l said. i Another $10,000,000 to $20.000,- » common stock will be‘ placed privately with other par- 5
n- O a
ticipants in the undertaking. I Commenting on private par-3 Mr. Filion said the
government had held discus-i
sions pany of Canada, Quebec Car-‘l‘élnliel'l'lems
with the Iron Ore Co-
l for itself between 45 an
per
company, whatever ar- are made with
new
tier Mining Company or any of f "Ihel‘ Parll“IPaflt5-
ore in Quebec to meet need "
our 5.
i ilie other provincial iron pro- 1 [ZAR‘GES'T—c—nmy dilu‘rs- ; Tokyo's population of 10,500.- "There is certainly enough :_
000 live in an area of only 446 square miles. divided into an municipalities.
.ca [getting a “good deal of sup- port."
Steel Shipments Decline In US. iDuring October
CLEVELAND (Apt—October steel shipments will be five to 10 per cent below those of Sep- tember because of s t or age arising fr 0 m the
to build, own and operate a profitable will the government
steel mill. probably near Mont~ subsidize it?
real. The consensus is that it wili Construction might but.” he subsidized. but the govern-
withln several months and ment has made no comment
would take three or four years SEES NEW BURDEN
to complete. The mill wou'n one Steel indusuy “De” ' said: "I feel that this move
produce 600,000 tons of steel an- nually at the start. with ero- duction rising to 1.000.000 tons a year. It would employ be- tween 2.000 and 2.500 people. 'The General Investment. Cor- poration. set up iv the Quebec government to raise funds in develop secondary industry in Quebec, will invest the initial 025,000,000 needed to get the 11th underway.
The remainder would be
will put a tremendous burden on the people of Quebec
" can't move into the steel industry like you can into the grocery business. It takes in o n e y, experience. markets and top-grade products to make a profit. and I can't see where Quebec will get these necessi-
5‘
Canada's four primary steel producers had little to say. .;. raised through sales of shares H. Drury. president of Dosco bends and other securities. The Ltd, said the announce— government would guaranteelment was worded in such gen
strike against General Motors Corporation. S t e e] magazme said Sunda .
The metal - working weeklv‘ said the makers of auto parts.i as well a General Motors. cur- i tailed shipments. General Mo-i tors isn’t cancelling its steel or i ders as a result of the strilie,‘|
ut is deferring its shipments i
,N.Y. Stocks Manage Gain iD-uring Week ‘
NEW YORK lAPi——The stock "Steel 5 u p ply lines are i market last week squeezed outl clogged with backed up ship- a gain amid hope that he strike ments." the magazine said
against General Motors would. "Some leading mills were al- be halted during weekend; most at the end of their stock- The market. was strong in the piling capabilities last week. i
' first two SESSIONS. took 105595 00' they were having difficulty han- ‘ th 1W0 dayS- alld endedIdling shipments promptly and the week slightly upward after, efficiently because of crowdedi a dubious session docks and limited availability e net result for the Dow“ suitable transport" Jones Industrial, “Craze ‘Vasl Steel said that up to last Week ‘ 8 mOderaIP “3‘” 0f 4'08 at.ithe deferred shipment problerri
NOTICES NOTICES
877.62. The Associated Press l [average of 60 stocks rose 2.8 to blobhemme' b‘” “0‘ I0" 5 33] 2 , i cu t. :
:SAINT JOHN SHOPPING CENTRE LTD.
7% SINKING FUND BONDS . NOTICE OF REDEMPTION
TO THE HOLDERS OF 7‘} SINKING FUND BONDS OF SAINT JOHN SHOPPING CENTRE LIMITED MATURING DECEMBER 1, 1977, ISSUED UNDER A TRUST DEED DATED AS OF DECEMBER 1, 1962. MADE IN ‘FAVOUR OF MONTREAL TRUST COMPANY, ~TRUSTEE.
, NOTICE IS HEREBY GIVEN that pursuant
- to the provisions of the said Trust Deed the underlisted 7') Sinking Fund Bonds have been drawn by lot for redemption through the Sinking Fund and will be redeemed accordingly on the lat day of December, 1964.
The redemption price of each of the bonds i so drawn being the principal amount thereof to I be redeemed and interest on such principal » amount accrued and unpaid to the said 1st day of December, 1964. will be paid. in the case of .bearer bonds. to the bearer thereof. or, in the . case of registered bonds, to the registered holder thereof. upon presentation and surrender thereof "with all appurtenant coupons maturing on and .after June 1, 1965 in lawful money of Canada, at any branch of The Royal Bank of Canada in the Provinces of New Brunswick. Nova Scotia and Prince Edward Island, at the holder’s option.
NOTICE IS FURTHER GIVEN that interest
’on the principal amount of bonds so to be re-
._ deemed shall cease from and after the said 1st day of December, 1964.
Bonds in denomination of $1,000 each, hear- ing the distinguishing prefix “M” called in full: 1. 9
i 008
by Bonds registered as to principal in the de- " nominations of $500 each, .bearing the dis- ‘I'tinguishing prefix “D” called in full:
" 3m 3‘33
272
‘- Dated at. Saint John this 26th day of October, £1004.
SAINT JOHN SHOPPING CENTRE LTD,
,... a; y :
‘ "Covered storage was still ‘ "vex-Rig. available at steel plants, outside below 'Ieased S_Pa_ce or General Motors them by the end of the week. “Pots: It continual. "Also i]
Wall Street seemed reassured i "PMS were able 10 “Old 8 shlp- :’ on Monday by the fact that the 113an emergency by _l‘e_vampin; 1 changeover in Russian leader. larder scheduling, shifting held i ship and thc Chinese explosion l up tonnage to other consuming.
of an atom bomb had brought wads at] rebuilding semi-fin- ‘ . is e s reserves."
no immediate consequences of . V a dire nature. The strike against General.-
While the strike against Gen- I Motors put steel mills in a little ‘
Each of these touched record highs on day but settled a little
eral Motors dragged through its fourth week. the steel industry reported demand still strong. Weekly steel production rose substantially.
STEELS IMPROVE
The steel stocks responde these good tidings Meanw copper stocks received another upward thrust from news that the world price of copper had soared to a record high.
Aerospace i s s u e 5 carried through some of their strength from the end of the previous ek wh n the international situation had prodded them a ea .
Motors advanced vigorously.
General Motors ndcd t'ie wcck with a gain of 1141 at 102‘s.
The week's volume was 23.- 905.310 shares compared with 25.896.020 the previous week.
The most active issues on the New York exchange were Chry- sler. up 1% at 6134- on “4.500 shares: Container Corp, off 1A at 34% and Texas Gulf Sulphur, off 27/: at 59.
Most active on the American exchange were New fdria Min- ing, tip at 2% on 503,800 shares: Brazilian Traction, up "/- at 4"»... and Nuclear Corp. of America. up ‘6 at 2%.
d to hi
Conference Cancellation
0 Soon PosSIbIe MOSCOW (CPl—There is strong possibility that the Com- munist conference scheduled for next summer in Moscow will be
called off by the new Soviet leadership, diplomatic sources said here.
The Communist Chinese are adamantly opposed to the con- ference.
The sources said the Soviet Communist party may plan- ning in call off the disputed meeting and then enter into ne- gotiations wit'i the Chinese on I suitable date for a conference that would bring together all the Communist parties of the world.
EMU SWIM!
Emu. a native Australian
The. filghtless bird, strong
are E = MONTREAL TRUST COMPANY I By TRUSTEE
miner and r u n n e r stands five feet tall.
nd irestoie his good health.
better position to service 'run- l of-market customers," but such ; relief is limited. the magazine ' sci .
l
' BRISTOL
; Fred Masher n Dunkirk sur- 1 vivor, has entered the Reliab- ilitation Centre for treatment. Mr. Mos er is a Bristol native but has resided in Savage Har- , bar for a number of years. l.RacheI Sinnott. RT. of the [Charlic-ttetown Hospital Man! for a number of years. and a sister of Dr. J.C. Sinnott, left ISunday by car for Toronto, , where she has accepted a posi- 1tion as x-ray technician on the istaff of St. Michael's Hospital. {Before leaving sh pre- 1sented with several gifts by 3staff members and friends.
'i Donovan. a retired l farmer in this vicinity, can re- call the days when were planted late
11.. {horse plow long before diggen: ' a tractors were even a dream
! Wlillinm MacDonald. retired {CNR sectionman. is in poor health at present. Mr. Mac-
Donald II the last living memo her of his family. ,
Mr. and Mrs. Francis Burns are expected from Toronto, this week to visit Mr. Burn’s old home and his father and mo er Mr. and Mrs. Ed. Burns and other relatives.
Some new head ctones have been placed in the Little Flower cemetery here‘ recently in i memory of loved ones. The first Eperson buried in this come. itery when the new c was built many years ago was the late Mrs. George Barry. a son. Gerald, still resides here. The
ad perm was Andrew Brown_
Going along the lake shore. on the opening day of the shoot- ;in brings back memories of ‘ lti-Ic late Clifford Arnold, who [was drowned It the mouth of l the lake 37 years ago when his l dory upset.
John O'Neill hm undergone surgery I m time In the Charlottetown Hospital and a third operation will be per
diortly in an effort to,
FOR YOUR OLD
SIMMON’S
BEAUTY REST
O World famous individually pocketeted coil construction
yea:
FULL SIZE...
1
TRADE-1N ALLOWANCE
MATTRESS AND
SPRING ON THE PURCHASE OF EITHER OF THE FOLLOWING
QUEEN SIZE UNIT
DNA
at ARE YOU ENJOYIN % SLEEPING COMFORT?
IF NOT TRADE-IN YOUR PRESENT SPRING and MATTRESS
SIMMONS OUEEN SIZ
MATTRESS AND BOX SPRING 6" WIDER 8" LONGER...THAN A NORMAL ONE WEEK ONLY
OCT. 26 TO 31
O Luxuriously quilted covering 0 Patented crush proof border O Sanitized treated throughout
0 Queen size mattress and box spring
Regular 259.00
23
No Down Payment—12.00 Monthly
No need to purchase a new bed. Use Sin-non: bed stretcher rails. at
TELL US IT'S FOR CHRISTMAS AND WE WON'T BILL YOU UNTIL JANUARY
it
TRADE
o. Cece. . O loo-0!
your present one and purchase c at of
Inuoooee lee-scl.‘
SIMCO-PEDIC
O Gentle. firm rcsilicni support with balanced siniroil construction
O Reinforced centre support for extra r-oviiloit O Buoyant white layer iclt
O Durable crush proof prcluiili hordcr
. Sanitized treated throughout.
0 Queen size mattress and box sm'iiis
Regular 199.00
'7 .97
WITH
Trade No Down Payment 10.00 Monthly 14.95
1