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3

,.DAILY MARKET QUOTATIONS

-0 . .

3” TORONTO T()lt0.K'l'0 (CPI - The stock

ur rkct held on to most of the

was mixed in moderate trading.

western oils featured the beat index lain. advanclna Hi points. Golds and base metals registered minor gains.

Senior base metals saw token gains with Hollinger. Hudson Bay and Melntyre among the winners. international Nickel, Gunnar and Noranda eased traetionaliy. low-

”priced issues were mixed. Bruns- wick climbed 25 cents at (5.25 an Campbell Chib 3 cents at 85.!) but gains and losses were not prominent. g

Western oils were firm. Home Oil A advanced Vs at liwa and

iliome Oil 8 climbed 5: at 163i. Calgary and Edmonton and Pac-

- ific Pete were also fractional win- ners among the higher-priced is- suel. Central Del Rio added 40 cents at 37.00. A few other issues gained 10-is cents.

index gains: gold: .32 to 74.12; base metals .l2 to 100.13; western piln 1.51 to iii.4i.

ronosm cwnnro srocna

no-Ea-dlvidu. ashla-

uhta. r E-warrants.)

let "III I110! ID I-II cleaecrn

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MONTREAL

MONTREAL (CF) - Prices were irregularly mixed Tuesday at the close of moderate trading on the Montreal and Canadian stock changes.

Trans-Mountain Pipeline fell I to a new low of 62. Bank of Nova Scotia dropped iii to sm. a new low. Other new lows were regis- tered by B.C. Power at 36, inter- provlncial Pipeline at 40. McCall Oil at 53 and Dominion Foundry at 25. all down one point each.

Losses of '1' each were shown by Abitibi at 27th, Price Brothers at 43 and Noranda at 3815.

imperial Oil gained to at amt and B.A. Oil M at 38W. Among gainers of V: were Consolidated P a p e r at 28l6. international Nickel at 7lVt, CIL at 15. steel of Canada at 5211'. and Algoma Steel at 25”;

Oils were firm. Home Oil 3 at 1652'. gained iii and Pacific Pet- roleums at 22 rose a point.

The exchanees' closing average show banks off .:i2,at 44.71 (new low). utilities off .3 at 127.9, indus- trials off 1.1 at L'l9.2 (new low). combined off .8 at 832.! (new low) papers off 2.1! at l.0I7.I2 Ind golds up .81 at MM.

IONTIIAL CIAIINII IIOCII IV The Canadian Prom

Ahitibt 21 lud Bay In sou AM Pf I291 lull! OI SI Aabastoa om l.nt men -mo Bank Hunt 946 int Pap I Bank NS Slh Int Pill H Iialhurst I 194; Ilaablinr 96 Bell 301.6 HCCII II Bra!-I W: N St. CI! 11 Bldg Prd I2 Nranda am C Cement it Price II C Bnl Crn 40 Gun PV 2! Can Brew Hid lyal Bank sets C China 00 Ityatlto NM cm! asst at L cm lllk Cekahntt ll. shawin

sealrams 2556 Steel 594 a Bridge to Un Steel uv. Dm Tar Ni Walker

Fraser 1'! CANADIAN

Gt Lakes 1316 CM Pap 1IVa liw Smith as Frd sou

NEW YORK

NEW YORK (AP) - Aircraft: and missiles paced the stock mar- ket Tuesday to its second rally in as many sessions. bringing its re- covery to about one-third of the estimated 310.000.000.000 loss in Quoted values last week.

Eight of the 15 most active stocks were aircraft: or missile- related stocks. They forged ahead at the start in a succession of big blocks. Steels, motors. oils. chem- icals. rails hopped nboard the bandwagon.

Final prices were well below their best of the session and the aircraft division began to show an irregular look as some net los- ses were taken. The final range of gains was from fractions to 1 points. Losses mowed the same spread.

The Associated Press sva-ago of 60 stocks rose Il.50 to Il62.00 with the lndustrials up I250. the rails up 81.70 and the utilities up 10 cents.

Among the Canadian issues on the New York exchange. Mch. tyre Porcupine rose 2 on sale of 400 shares. Walker - Gooderlnm was up ii, Hudson Bay Mining rose (W and international Nickel closed up "2.

Amonll the Canadian issues ass the American exchange, Farm Oils rose 'r-. Scurry-Rainbow was up M and Canadian Marconi down

llihat stocks did:

TtIes.Moa. Advances 717 553 Declines Is! as: Unchanged 215 187 Total issues ms llll

NEW Yllll CIJHIINII ITOCII I! Tia Cansdlnn Yroaa

lteth steel tiils Knnnoctt INA Bra Warner ital: Ilnty W my C and 0 SIM NY Cant 3Q Cna Edi. uv. and on ma El Ant D 3! Std Oil IN MI Gen Eiee 501'; lltd Aircraft II

Gdyear ION Vanadium lllh

Gt Nr Ky II Waatnsas IIK

GRAIN

WINNIPEG (OP)-Flax prices lrecorded sharp gains in broad andsactivg trade Tuesday on the Winnipeg grain exchange.

Closing prices:

Oats: Oct. It lowo.-rII&; Dee. Va higher too; May It higher Got-b; Jly not open.

Barley: Oct. to lower Iilsb; Dec. 1'4. higher I3Vob; May I higher I2fib; Jly not open.

Flax: Oct. it) higher 2.II'Ib. Dec. mam higser !.lI!ib;

May av. nutter um-s.oo; only zmuu Rye: Oct. .1 higher l.lVsb: Dee.

I higher 1.00; May I higher t.IWin: Jly not open.

Prices for class two wheat E export to countries outido IVA: I Nor l.6lVs: 1l.57..:3I.N!I; 4 l..'f7li: 5 I194: Ii.1lh: I du- IWA and domestic prices: I No! ram 1 l.S7lo: I lmli: 4 .I7Vt; 5 Lille: 6 i.2l't; I domestic da- rrnn .91: I die: I II...

PRODUCE

MONTREAL fCPl - Achi-

ttore department quotations: Eggs: wholesale dealers prtcu to country stations. wooden cnau. cxtrslarge It-II: large II-D: Ine- dilrn l-O: small Q: I III; C II. Receipts: III. Inner: Current receipts. I1:

oi San Marit1o's Red regime aft-

Group of Communist voluntcerler twn-week long bloodless rev- policemen prepare to put downioiution. The anti-Communist pro- their rifies following surrenderl

SAN MAI NO LOSERS

visional government - recogniz ed bylltaiy and the United

States - formally takes power Marina since the end of World in the 38-square-mile republic. War II.

The Communists had ruled San

AP Wirephdo

OTTAWA (CP) - Plans to es- tablish a national development policy in co - operation with the provinces and in Canada's north- ern territories were announced Monday in the throne speech.

The speech, read at the open- ing of Parliament by Queen Elizabeth. said that as part of this policy steps are being taken by the Progressive Conservative government toward at least four development programs:

1. Federal assistance in co-op- eration with the provinces for creation of power and transmis- sion facilities to provide cheaper electricity in the Atlantic region.

2. New discussions with the Saskatchewan g Dvern ment to make posshle "the early com- mencement" of the South Saskat- chewan River power and irriga- tion dam.

8. Federal financial aid for the Beechwood power project on the St. John River in New Bruns- wick.

4. I-ttiernont of international problems in connection with the Coitnnbia river. which flows from British Columbia into the north-

Advenfurer is On New Voyage NEW YORK (AP) -A French

lantlc last year in an lB-footsail- boat lnft &onday for a solo cruise

life raft.

weighed anclmr at sheopshead Bay Yacht Cid). Brooklyn. Lacombe's I5-loot surplus air

ried no water or food aboard. saying he hopes to prove he can

during the trip.

Before leaving. Lacombe forti- fied himself by stawing away a large steak and a martini.

HAS ONE ORE I-Ila raft is equipped with one

to maintain stability. and a can- vas cover to protect him from rolling waves.

Lacombe said he intends to sell his raft when he reaches Hail- fax. return to New York and then buy another raft to sail home to France.

He crossed the Atlantic last year in his is-foot sailboat on a trip from Toulon. France. to San

due in sailing time but ovhlied away many months en route with at Barcelona Casa- blanca snd the Canary islands. Lacombe a bachelor from Pants. purchased his raft. named lluipocampe sea horse from wages earned here no I hitches belon-

In your future?

You don't need a aystsl ball so one your financial future. An investors syndicatevtan will make your financial dreamageorne true. Talk it over soon with an investors representative - "your bed fnend financially." Call in

adventurer who crossed the At- to Nova Scotia aboard a rubber sin-ne.50 onlookers cheered &-

year-old Jean Lacnmbo. a for- mer leather worker. as he

Ioree raft has no ermine but car- ries a soil. The Frenchman car-

live on fish and nnall plant life

oar. a radio receiver. leeboarda

Juan, Puerto Rico. He spent or

western United States, to make way for a Joint federal - B.C. power development on the river. ATLANTIC DEVEIDPMENT

The speech said:

"As an immediate start upon a program of more extensive de velopment in the Atlantic prov- inces. you (Parliament) will be asked to authorize for joint ac- tion with the provincial govern- ments. the creation oi facilities for production and transmission of cheaper electric power in those provinces."

it was learned earlier that this program is slated to start with construction of a steam power plant at Saint John. N.B. It was first proposed by the Liberal ad- ministration before the June 10

election.

Plans Announced For Cheaper Electric Power

The plan is to build steam - power plants in New Brunswick and Nova Scotia and Join up their transmission lines. A fed- eral subsidy on coal used in the plants is expected to be part of the program.

An earlier estimate of this PTO- grams' cost to the federal govern- ment was ln the vicinity of 3150.- 000.000.

It was understood that assist- ance for the huge Beechwood

power development on the St.

John River wouLi be in connec- tion with a proposal made early this year by Premier Flemming of New Brunswick for contsruc- tlon of a third hydro unit. it

likely would be coupled with afor-

ane of water on the Tobique River.

Fisheries Cases Are Being Heard

three fisheries cases. one from Jude's Point Wharf, and two ti-om Alberton. were ad- journed Wednesday evening un- til October 17th after some pro- gress was made in taking evi- dcnce.

The cases are being heard by Magistrate 1!. S. Hinton. with Mr. W. Chester 3. MacDonald representing the crown. and Mr. J.0.C. Campbell. acting for the accused.

in the first case. involving the possession of undersized lob- sters Mr. Campbell has moved for dismissal on constitutional points in regard to the applica- tion of fishing regulations be- yond certain distances.

In one of the cases from Al- berton. the accused is charged with "Possession of lobsters in a place where fishing is prohibi- ted."

The evidence disclosed that

following a chase, Fisheries Of-

, Wed.. Oct. to. iis-I 11.. Guardian Page II

Queen's County Magistrate- Hears A Number Of Cases

On October 7th in Queen's County Magistrate's Court the preliminary hearing of a woman charged with forgery was ad- Journed until the 2m.

At the same session a driver charged with improperly pass- ing another vehicle on the high- way was fined five dollars and costs or five days; two resid- ents of Kelly's Cross and a resi- dent ot Charlottetown for intoxi- cation in a public place were each fined S20 and costs or at days. and a resident of St. John. NB.. for driving whilst impaired was fined 860 and costs or 30 days.

on Wednesday. October 9th. eleven cases were brought be- fore Magjstrate Gilbert A. Gaudet in the some Court.

A resident of Johnston's River charged under the Excise Act with possession of illicit spirits was fined S100 and costs or three months; a resident of East Roy- a-l(y charged with driving whilst impaired was fined I65 and costs or thirty dsys; a resident of New Argyle charged under the Criminal Code with threats to do bodily harm was bound over to Ioeop the peace for one year; a resident of Charlotte- town charged with operating a vehicle at OXCDSSIYC speed in order to prevent passing. WII

ficers had seize- n truck with lobsters in the back yard of a home at Aiberton South. Mr. Campbell stated that the accus-

ed had been charged with pos- session of lobsters in a place where fishing was prohibited. and he contended that since not- ing in the section of the Act un- der which the charge was laid. implied or indicated that fishing in this man's yard was illegal. and since the Fisheries offlcera did not know where the lobsters were caught. the possession of lobsters under the circumstan- ces could nnt be proven to he il- legal.

Mr. Campbell contended that the Federal Parliament only has jurisdiction over fishing at sea. and that their attempt to regulate fisheries on land made the case ultra virea.

fined wt and costs or ten days; a speeder was fined 810 and costs; a party charged with cp-

ierating a vehicle with defective

equipment was fined 35 and costs or five days. and a similar fine was levied on another part) charged with operating an un- registered vehicle.

Also on October 9th evidence for the Crown was heard in a charge under the Excise Act possession of illicit qirits - in volving a resident at Charlotte town. This case was adjourned one week to October 16th. Mr Gerald Foster is appearing fm the Crown. and Mr. L.P. O'Don- nell for the accused.

in addition on Wednesday two non-owners charged with (at operating a vehicle with detect- ive equipment. and (bi driving without a license. each received reprimands. and a resident ol Carleton for hunting without a license. was fined five dollars and costs or five days.

On Thursday Magistrate Gaudet levied a fine of S6 and costs or thirty days on a resid- ent of Halifax who pleaded guil- ty to a charge of driving whilst impaired.

On Friday evening in the same court a Chndottetown resident was fined 815 and costs or ten days for failure to return rec- ords contrary to Section 106 of the Uounnbyanent Insurance Act. Mr. s.c. Bryenton. U.i.C. inspector laid the information.