The Ottawa Journal from Ottawa,  on August 19, 1964 · Page 8
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August 19, 1964

The Ottawa Journal from Ottawa, · Page 8

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Ottawa, Canada
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Wednesday, August 19, 1964
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" NEW YORK WV-The stock market edged higher In moderate trading at the opening today. Changes of moat key locks were small. i ; YESTERDAY'S CLOSE Br TM Amm latid PnM t -Odd M. td-K.-dr.lnan. ir-Ba- IWUI Ba-warraaU. NaM kaaaa Ja iiaai piaimn .y nan , A C . - NX Maah Sam Bltt Lm chM tVt acr ami im wtnH H Addraaa tm 4SH 41 UH Aitasaa an m im h aim ck . w h ixt iw-H AhunM isw uit tin iih h m mh an 4 H Am caa Una Am Oan l ana an im ina Am SW IIW An Sacr ana Am T Tai K Am Tak nm AaHH ' M 44H ' 44H H m am im tat tat im im h IH II II It tlH MH JIH Hi IN ll U4 H TSH ten MH H S4H M"t MH f H 4, 44H MH H M't Wt MH tt liaa Tm tin lm tin ant ant am - Am Carp Mtaa ana am a h bh am h lot MaM m tan., aa a H Batk aMi nw mh nn, a H Ml Paaaa tm fMH MH H ill , ION MH MH MH 4tH tin . na na tan tin h n war ma oh am H ua BdbM mm 4th art ns H Bran tan at an sh k Kri tan an mh j h Bade (v tana la im im - H art lad tm t w m- Bant. . 4Ha BH MH BH 4- H Ohnaxt . M iih tm im - H Camp Saap "H l H SI 4 U ra nr (im sm h iih "a Saa Hjr . . aa mh MH mh CWB , ,m 4m 4H 44H rant Jf Itm Mt 1M Wa H cnar Tr- ( tas a ra n- nhm -; ' ma aa ' aa am h a-aa nala SM .TM Tm n 4 nmar una a n am m rM. a ;, m ." T TH j ma u tn nau Mm "H a a 1W w : sa aa xit m m m aa am mt u i rs m a ra Can ad T lan rwa) Datt Caaar Am aH art rt at ax at a an aan h it Pmna Ca (V M a H it 4 t rrt ith ma .; L am ant 4jh ant t a si wnt ant - naa iaia tan sat it TtM at srvt it xm aan aan ax it SM sn M SHH Baal M . W I19H ins tm H Saaa I sir I liaa - UH t a na aitt im nt u i awa. tin iit 'H it lilt IIH ttH H tana sh ant a ;i asaa awa r ? . oak nn tmn st tr a-t it Oa Elaa WMk ajH IIH nt Oaa raa ' . 4a IIH IH Silt Aaa maa ina ant tm oh a H cmc isMa am at a ta oa P caaa an . ant ant mh a w naa Ttra wan, ant tnt nit a Pat ca . tm w ant n H ,aa a, ai a aa i am nt H m am H am H Oraa IM ' awa t"A t X'l nil una am CM Mar fty ana - am ant rH - h - im am am am 4 it raw mat la tam mm a am at ana tarn aw amt it laat fat Harr ina am am am a at aa awt am am tat Fa 4 inaa am n 4 it tat Tai ana am am am , m . laat am m m a it ian 4414 014 ant at Ta ar at 41 am am am am am am h IIH ItH ITH 4 H am ana am 4 at l.a MrN L fiat MHI' am ai am a a l Aar aa liaa a' at ft 4 raw-a , naa am it iat i - M S H4 Oar ina Maralk OH IMS Marina MM Maiak Fat Sat ih m m- h; 5 i Mtrtta 1 tan im wt Mrlalyf sm am am H iaaa aj m ana am Man ' tm tm ai t - h pia mm a am am am am m mm oat araa aa tm am tm Mnaw ,, ITMt im im im 4 14 m aunn tm tm tm tm Maal Waal in Sm MH H H Mat A vial , am fit HH IT at Nat Caak im Tm Tl tm Nat dm am am am sm h rtar cm am h 4 la NT caat wm am am m lit rtar Paa m sm am MH 4 Qosa Mar ma tm tm u Par paat aaai im im im Parma na am TH ITH TTH It paaa it m ant am aot It na calk am am am am w prhr am m Tt ant PMaa it e m tm tm ti a t pmbm am aai tth TT't tm Pk Pim sm tm tm n t oa am am sm am 4 H nnataa a im am am sm 4 ara . ram sua tl , 11144 it nalalak tm HM f l -1 Kaaak M tarn am am am 4lH nr Tak iam tm m 4 t M atarat Sm taHr 4t 41' H aral Dat kraaalPT Sm ,m rm Ift H Una Paaar am sm sm sm H sjiaa oa sm at 4i it - tint ram it"t a im , m m m sm tm m ant H am sm NM. Saatk Pat m ant m H 4 at awrr a aim h im tm Bt Braa 1m "Pt ta tt Mil Fmt sm aH ant - H hum sm s am ran MA MJ lim m aM-kar an t p m . m pi aa Iti , m sm am n i T Z r fasara ma S1H 'H H 4 H Ti taal sam am sm sm am Tntraa . ma am ana ant vt TiMakal im In ta is - M TMaaa O tm IIH !H IH Ttmaaa' IM M Sm -IH Tmai o im as ana tia cai am nan nm mit a h om am rm m at m a at UK Carp im SH SH SH a It vtar rran saaj siit am am t'S Ptal(M SMS ft IH rs oraa nt ra sa sm sm us Kaak irm Mt am am H H H us St) sim Vaaaaa CS im IH IH lH M M .. M ' a mh am an an tm m M sm 4 H a H Ua Tat lim 1 am H U garaa C am MaH I Talal tak ; Unlisted Stocks 3.' ".J aHilla mm) Ciaii ir Sia a.txi aak 'at Brtnca rll tad ITH II IH SH IIH 1J Smirk Prta m ai Caa Carp Makasiawnl Caa Oat BaartT B Wit . Cta Paa air 1H t art CaalUI laaiMS ... Biamiar Uf lu Traak LkM BO ... OraacmCM aaaaa ... tark Warraalt' 11111" Vrnrntm Lira . .. mrarl With. Mra-Miv PaclUa OOat Trtna PhlUlai aucttlaal Piaa ratal - ...... .'.".(.... kaaaa " T ... vzzr Tark TnM aat aartan 11 n 111 nt na sm . ' m IM IM II II MH 11 ITH II U II HI SM m m im in IIH II 14 II TtH MH SM SM . IH a a 25 Per Cent Would Take $1.2 Billion ty DON HANRIGKT (By The CP) Caiudum held about !J per cent of -the stack In foreign-controlled com panics operating la this country at the end of I960. To raise this share ownership to 23 per cent would have re quired, at that time, an addi tional Canadian investment of about, $l.ia.0M.0M m such stock, assuming III was avail' able.' i .This graphic Illustration of the foreign-ownership problem is drawn from figures recently produced for the first time by the bureau of statistics. It . was not known whether these statistics were available to Finance Minister Walter Gor don when In 19U he first pro posed the withholding-tax differential to benefit companies of fering at least IS per cent of their shares to Canadians. This picture has been painted by the bureau: At the end of 1980. there were J.ttt foreign controlled enterprises in Canada. COMPARISON DIFFICULT (It Is difficult to compare this with a total of all enterprises. There were about !2S.Me Canadian corporations of all sorts at that lima, but the figure In clude about 11.000 active cor porations and thousands of tiny outfits and personal holding companies.) These 4.S39 foreign-controlled companies had a total equity in vestmentthat is. In common and preferred shares of III,-723.MO.oeo. Caaadlaas held SMa.MMO of it for IS per cent. . -- ' . . ' : i Actually, about C per cent of the total Investment was concentrated ta 111 big forelgrt-cont rolled companies, each hav ing an aggregate Investment of S2S.0M.tM or inore. Of these, M were controlled by Americans. These,. M had a total equity investment of IS.SM.0M.M0. SOME IN BRANCHES However, about 42 per cent of that money was tied ud m branches and wholly-owrted sub sidiaries of U.S. parent companies, 'totalling 12 m number. In these, of course. Canadians had no equity Investment at all. Another 21 of the M compa nies were partly-owned subs id larles with a combined equity investment of n,SO3.0M.0M. Of this. Mlt.0M.M0 was In Cana dians' hands about 24 per cent. The 10 remaining big compa nies 'had a total investment of SMS.M0.M0 of which Canadians held S3CT.0M.MO. or 41 per cent. In the 1.SM smaller . Un controlled compaaJes.Ca-nadlans held nine per cent of the total Inveitment of S3.407.- . ... uutaoian snare aoiamgs ran higher in companies controlled elsewhere than In the. United States. .- "..j". ;'.- In this group, totalling 1.IS4 companies. Canadians held 21 per cent of the itock. For the 22 big companies again, those with S23.KM.tM or mora ta equity inveitment thf Cana- aian participation was a. per cent. . Mutual Funds ta. U4 .'. PAT a. It ... Ill .., lajj .: 11 11 . in 4 11 II M ' I M -. It 41 .. ti n 111 ... MM ... Ill ... SM I.M ... til ... SM ;.. an All Caaaaiaa '..l. All Canadian Dlv Amrrlcak Orawtk 11 an in A -Mela it inrMtara 11 a I.M Caa Ofta trtk Bnarst ' Caa laraitamt CaaafaaS Canada Orawtk a 41 Imaianwtaltk ' ...... Carparata ... "V CTIP . . . Drrrfw io.a.1 .... karapraa Orawta ..... 11.41 IS Tl IS an ta H I.M 4.11 IM 111 1111 s.n is in an I I.M 14.41 Mil 1 Tt SM III Sn Pans M rrral oil ana oaa Ore tataait inrtatan orawtk Inmtart Inu Orawtk tnvratara Malaal It M Tjavaraft ' .w- S.1S. waiaaj acaawikwiMS ... in Mataal Baad ...u IN Malaal Band tlilaalt .... S.M Malaal Inaaait ...I SM narlk AaHrlcaa . II H Patnam Orawtk (Oa.1 I IS aarlan and la . . ... t.M TaMM BW ... I IS Traaa Canada t.M OnlUw. Aanuaalalrra ' IH IT1 NAT pat anal ram; POP aablla aSartae arm. uln Stock Averages foronto Averages M. Indue -2T 159.86 160.82 138.48 . Net Change .. Ctoea a IW4 High . . . -1964 Low .... Moatreal ladlcm S Indue. unch. ' 159.0 157.2 Change ......... Clnee .......... 1964 High ..... 1964 Low ...... 131 N.Y. A vera gas (Dow Joma) Open JOIndibt, 840.8J Mttal't 213.20 IS Utile ....... 149.34 tSStotka.. .... 300.01 ' SO tmt :a4 Low 851 JS ,1964 Hlglk 76608 TUESDAY 10 Golds 2 134.70 138.S6 130.30 IS Utll. 4 140.2 141.9 121.6 High 45.64 213,86 149.89 . 301.38 7 .....,.. . - W.'&X T loron ro TORONTO C Industrikls were lower at the opening bt quiet trading on the itock mar' ket today. INDUSTRIALS TIM lbMMa4MtMt flW M. ar4ITji-4ltvltMAtL UP-Ex rlsMa. iv-ti warruili, KM cliaas to a c 11 Hal Satoa Sllfk U a.. Ik ! aai iit uat m sa ass at -. in tana sm ih Atat ar A Ha cm aiu a at A a Nat us S1TH ttH SH AH Gat m ar atllH Its IM Ala Caa M ta M Alaaaia IM nm m T4H Alsaaa ar M SH m n Aiuaiaa sua aim sm sm H am 4H ar isa saitt ant ant,4 u Aaua I ar IM MSH am am It I m la w w Aas Wp ar lay Sam MH S4H 4 tt i a is aim am rm Arsai a nm ten ten it Art a ar a tsiH sm sm it AU Sunr sn lint ITH ITH U aak Mat im m m aa ns m amt tth m it Bw Hllb IM III II II Haka IIM asm Mia MH H Braril , am SM m SM -4 ar Tak in n a ba oil ms aawt ana an BC Park m lit It It 4 at M! Paw SM M U acPk H ar him lea m ., prac raa jzm ant naa mi mit im im ral Paw MS Rm tm tm H r Cm ar m in a M 4 It C Park A B PI Jl a C Pack tl ST Tl tl ca iaa - am- an m c araw tan aim nit im C Braw A ar IM Mm SI IIH H C a ai a w an im lat in C Clwai w SM SIS SM SM 4M c Duan m na im sia .tm C Imp. Bk c a lam am am H C tiat Sat art IWH MH MH" . C lial Oaa SM nm In im H sn aim ar cm h c ina m aim m am 4 h cwn oaa aa 11m. in im aa m tint mh mh 4 h iiairm 1 ' Hus nta tt Caa Baka KM M - S a Caa Bktf SM SISH MH MH a H Caa. BMs ar at MH -SH SH Caa M e lt tJTH ITH ITH H Caa Paaar Ta atS l . Caa Oaa a He aim ITH im Carar at - MS tTSH, Mat Ht 4 it era la at. - m iiih 11 ta tt Oama ar iim sa O n - D L na asm sh am im asm sm sm' ata ait it It 1 ta am tin tm sit KMvt tm uh - ta ins sn - u . n ... - 111 n ta s aw na ta M h ass SISH ittt ish - tMat Saa Dalaara Daal Tar Braa law Kmc rm Plat Unlisted Stocks TTmofrTO ICTraOwwat Aaa. ts an aarrkad kr ana Brakar iim m oatartai I tt IH I M It Akaraa Anala IH : IH m ' SH Ji ia "na im im Mm I a A -aoM C S I Ararar V 3 - I AaVara It IT Aknakr t . T .ma KM 1 m AB Cap I - T AaajMpje 1 I Arrttr I I Maaarfc i s Mar Btrt S 1 HrTait S Mrrta ; : mva n wim bl 1 t 4 S IT S t a s Ml Kaaa Man P Waraaat Waara M Mai N laara M 1ra N Mfd SH Ji 1 IS I I JH 4J M II II t . SH a jpl s a bou a a Baar C M" ramca . S '" T TH SH SrtfM IH SH BrtamS S 11 B MrD It Caavark IS ' IS Canrra M IS r aa m na sh ia -Paral 91 a tawa a 11 l Wacw 14 . a N traaa a a Jllmal t. ; H IH Kharaa S M Nlrkal O It . M Caa Far M mt Caa lm IM IM raaUkr T S II It T It IH Mt Cart his a rvHra S I cm Pan a ; mrrap , m 41 a 11 II is a t s t s a a Cat PI M si rmatrk It IS raa Cap tt ss m sh Caa oar a n Caa Harp S , I Caa Pat M Pt TTH MH I S s ' a tt . a . is 1 . 4 4 t I I S a IH IH H . S ts a s ' t SH t HH t t T SH SH a s Baa Mai I t Hart t a 4 S t' s !m ua I s Raa ' H IH F1 S -TH I t a. .. n. a a t 1 11 a SH N S IS raw) c an Part Ca M Part P I, Oaa Ca SH Ta m t m nal SUrar P IM IM tWraae a M Oil ilk rk m Krai M MaH Bar t M Mary I Haraar t I n T c C ii:oam 1. 1 rtaNpaaa m t'J a '. IS s SI M I Tara a u : s ? lianrra SH lad Ml . M taaiaBt S Jaral IS JaaL I iaMi . ' St . . ra Mat a Kamtaa ' T Vr antra I tladara . H vitlaa 11 War ; It Wadaw - t Walaaa IS Waatfkl a Wailrr I wm RL 1 wm Wat 14 V ItarM tt SH is it 4 tt M t t IS a IM I P I Kawas T IjMfcHa S 1 Baaa W ta Bap T ar oaa nastm Mar tat "altar ; N Sap TH t N M 4 S a a ijnwm IS Base M : .16 ; , 87J7 ' . 68.06 58.95 Bankt unch. 133.8 134.0 ' 118.9 Low 937.17 210.98 . ' 114 WOtlt .26 98.51 102.14 ; SI.08 S ' Nper ; 4 , I39J 142.0 188J Comb 5 149.25 . 150.03 1 129.42 S3 L'otnp unch. 150.1 151.6 129.7 Clot 84183 211.65 .Chga ' 2.62 1.79 ' 003 3.17 65 Siks. 30456 260.09 148.45 149.01 298.10 299.68 20 Rsil. IS Utll . 150.17 ' WM 220.98 178.81 THE OTTAWA JOURNAL Our Ownership i5 Cfeif - tr Amm orocK uuorations INDUS.(tn..) Pas Orm IM an - It , II avavcm sr sm at a rram m S1IH UH JIH- U r raunaa m am - an t umc - stasias MS an . UL Paaar Ui tMH MH wit O L Paw w ' IM SMH MH am 4 H uw iai a aa sh sh SH Graal Waal IM M a a t ir Was II ID HI ta M H 111 im m 4 h Hawaar-a Haaa Ml nit ih its H SIS IS It 4 U A aim ith im int im im as tta tttv h a 011 o m tint im itn Hat aria . in an , at m H Haakt m nm MH MH law OU MM SMH MH MH H aw Tak m aim im im m m an a latUa UN SM ITS MH-U latOW Oaa US SSH SH SH Bnaaa ar MS SM . a a at Nkmai Ml SM M M 4 H uiu . ' im snH ntt nut k lam PL am m m a. a A IM MSH MH MH H wQtwKQt C IM Mna m JwtCar IM IMH MH am Laaatt MS SU , tl . fl - 14 o cm w m 44 tt .44 mh an ax- ia M 1 H na iTt na Laara Saa aM MH MH MH Lava . ia IMH ISH UH Uvr 0 sr If! SM M H in am an m Laak at ' IIM IMt MH -an M S mb pa Masaa ta) M Laal Ml aa sa m ta ia 1 m iiih in im t H iim aan sm sm Mara IVt III II4SH 141 I41H IH mepc m na sn sn Mat sua a Me sa a a H MM-Waat . M M SM SM MaM Laaa IM SISH UH IIH Mam tia IMH a sm a H NM Draa. SM I ItH MH MH M ma wm an imh tm -tan Nta Win SM Sim UH 1SH Naraada - at) MaH H H IH Tarcaaa in m m m m 11m uh im h IMS II4H 14 I4H a H IM Sim UH . ITH H Osttrto Pac pm m MH, TH IH ... tm MH .SH SH. IS SMH sua MH ma a a at PmMaa Paw Cara m SISH OH ITH U Prtra Bra in aim tm mh ms rm Mat tm H uh aa saw mm s sia aw BarkwaB tl SMH' MH UH asa nm im mt k pu.ii aaak im nm rm rm 4 h MH Caa . m nm ISH WH' H saaa 1 ar in m a . m . saaa 1 u m at an an laiaaaa. SM M4H MH MH aa,itkan . '. ilm II 11 . v atanard '. , . m an im an " .. . Maal raa ' -tl SMH M MH ' A - a MIH MH .114 . TarDm Bk ' TS Mm MH an pm ja . ta nm im ira h Tt Jraa Pt ' SM 4IH 41 H H Traaa.Mt - MS UN ISH ISH 4 Traaa PPL IM MH IH Ml a tt Ua Oat a SMH sm MH , . Wan ow m sun tm am III M M M I Wtataaail MS MS II . M WaaWalr sr a Ml n II at A , Tin aim at it-l 4 Waataa B IM SISH lm ItH H wtHa 1 ar r n . a B Waadwd A SM WH STH ITH- H A L aiii(i iiiMkmaaaMaaaas " 1 "g j 1 Aaakin -. :: m m m m S Aa( U Oaa MM 11 11 tl Bau MM SH I ' S - H Cahorl t'i am M a n H cs Pm ua sa sa c Dasat mm SM SM .' - C En Baa SH IM IM IM 44 limn ii ma in iii ns -I cm Dal tii4 sm sn ta at WM P MS US , IM IM . ; Draaaaid am it it it Mitt tm UH UH UH m z Madal ' MM M M at m ar IM ISS . M U j . nco wm ' na a a " a ' FwaVmmal VS aF 19 19 Pantaa IM at M M 4t Prara Oaa UM tn til fa 4t Baaaar 'MIS la IM I Triad OS tm IM IM ' IM -4 um oa m imh iih iih II Caw M M M M -4 Wakaraa m Ml Ml IM . W Dataaa MM M M M4 I Merrickville Fair All Set MERRICKVILLE (Special)- Features of Merrickville's 120th Fall (air will be Jersey, Ayr shire and Holitein cattle snows and a horse and pony show. Final plans for the fair, to be held Aug. 21 and-22, went made at an executive meeting. Mrs. Harold Wilson will bo in charge of the baby show to be held Saturday afternoon. , Other sttrsctiona, arranged by program chairmen Russell Donaldson and Ronald Patter son, include a display of an tiques, a baseball tournament. Judging of m essay competition. and a wtnd up dance In the community centre. . Concessions in charge of Mrs. Percy Gorman were taken up some time ago. i ...4 Centennial Plan Approved At Beachburg BEACHBURG 1 (Special) Botn : wettmeath . Township Council and Beachburg Village Council came to tentative agreement on a Centennial project Ttieiday evening. The councils agreed to erect permanent anteroom at the $45,000 North Renfrew Agri culture Coliseum at Beach burg. - Journal Want Ada bring quick raeulta. - - ' Financial Column .... , . , , It's Your Business : .On Page 16 . WwMSMkwIamaiaaMlrit j ! 1 MINES I , J mwtftrwaia)iwMiaiamiaw x it A C AkaMrka tM -"!' M M Aa La roar sm IIH U A An MltT tm IMA IM IM Atikt-na, mm . m an m tarn n n is 41 Baaa Matt MM It . II It SM naa n n n ma at ' ai IN M M M Im M M M Black Bv SIM la M M mt m wm wm M MH M lit. im a 11 n CadaaaM - IIM 11 II 11 Caiafls Ml IB US UI -S Canap Ok MM M C Draa IM W M M C Paradav - Mk M M M t Caaaara Ml IIH UH IIH - H Caattar m IIH tm UH - H CMata ' m ai , ai ai Caa Shaw RMt M M M CO Arraw IM M a ' M C H.Ik SM MH a a C Maml IM SM M M C Marram M M M M r m IM IM 1M C Naeaa SM II It H r alhaA ' m . a TT S 1 Bad Pap M ISH MH MH H r Rnraart sm is a m in an an r a, , MM II ,11 II Cawtrk SMa.M - M. M . 4S miarM M lit it it riaa in , ia ia am im u ii H D 1 ntnsana ' S IS u DalM Paa M IS M SIS Daralaa ' loot II II Oaraa ' SM' II M at 41 Eaat Mai IM M IM M Can Saa ISIS M M M Kt M .IM 4 P Mar tm IM M IM 41 OM MaM ISM M M 4t otaaa Vt m UH UH UH a H OaataH MM 41 M (I tl op Miaaas sm ana i . Unaaaa . ua M M M oaa L ' iM-a a a I Oaaaar Tta tie M M - Hud Hark am U U U Har-MM IM SH SH SH-HI - H a H I Bar m us a tm M KaaakM I N . . i Warn . M UH UH UH 4 W J im n a ta M M M 4 TM ta tM -4 1U tM IM -4 MH MH lH . SMH MH MH n is u . , ; Karr Ada a Kaaaa IS IS I H M St 4 H UH IS : IIH 41 ItH tH I4H Ma s I s M SISH ISH ISH . m nan Mattrad natal Wmm M lit lit lit -MMrhn . IM It 11 II a H an wrtsM ana si m si tl NM EM SM UH It't IS Naw Cal 4SM 41 M M ' iim ns sn sn -s N Krtara i sa tl u IS - H I II U I Naw Taaa SM MH MH H -m Ntm . tm m ta M 4 h ajuttta m m m ia 41. NarsaM SM MH MH MH NartarUa -ti SOS SH aH m I .. im aa SM Ml 4M N c tm uh UH UH- H MartkaM ail Hartksm 4. a. ttw at aa at - M M Ml ..m 4t o'z . im 1 f ta M m t - tt IM SM M M IS m in in in MM I M M . M M M at M M M 41 a a a 1 s IIH UH IIH H m na tat M M M M MM SIM M M It m M M M H a " a - a im im ta 1 IM 4M tM IM uhraiaaj - SM ItH ItH UH a H rat raa m M 41 - me nun v h - im m m m 41 ms - ia ia m . ss Traaa caa M m . m tat S ra . ts mi m tin Tnt cm sm ish UH UH a H v ntanaaaj wm ara rra art 41 ucl Mm Ms aaa Oa MarAt MM M M M , . up Caa M IIS 1U IIS Urkaa ; Mrs It M , M IH raaaa naa ri n Tl Vlatam IM M M M IM 144 IM m im at M4 . MM II 11 a in 11 , .. a. II WMdraa Yk Baar ISM M IM ia TM II tm a I 41 H TP saaii a II a.M.1 l.naaaa ' ABB tanaaa It a-n. Sanaa . Dividends .V ' By The CaaaaTiaa Prase famdlsa CeOlerlea Rusartts Ud, five per cent pfd. 21 cents, Sept. It, record Sept. 11. ; Dean la im - Seettlsh .hveat-Bteftta LuL, common five cents, Sept. 20, record Sept 10. Eemsaik Uteslttrtat Tnat Ltd, common eight cents, Sept 30, record Sept. 10,.' y Fbbmm Play art Cam dlaa Carp. LtaU common 28. cents, Sept 11, record Aug. 20. ' Gnaaar Mttrtag Ltd, M cents, Oct I, record Sept It. ' . Lablawi Grace tar las Ca, Ltd, flrtt pfd. aeries B 40 cents, Oct 19, record Sept 10. .' Msism Brwwerlea Ltd, class A 21 cents, class B 2S cents. Sept 21, record Sept 4. The Wklta Paat end Yakea Carp. Lf, common II cents, Sept IS. record Sept. I. Dollar Exchange . CANADIAN DOLLAR , NEW YORK 40-Canadian dollar unchanged at 92V In terms tjf U.S. funds. . Pound starling down 1-84 at W. 78 41-64. VS. DOLLAR MONTREAL CD The U.S. dollar hV terms of Canadian fuadt wtt unchanged at $1.0713-16. , Pound sterling wu up 1-16 Lak Mar m L Dataaa M L Sham." mm mm La Laa M tU IIS tU . - LatM AM MS U U IS - H LaMrk : 171 m M M . Larada - m IM LM IM Laartat MM -ItH Maraaa ' .. SM MasM ' ' IMS MartMS i MSt Oaaaaa Oaaatlaka Orrkaa . PaUna ' I Paa Kan TM PM Craw SIM Ptrk Crww , SIM Plaal.a " M a stria m Q Mrsk rtl M BtstM . " Mm am Aism m nm Alkak MM BpwaafMs bad flrr Stat tt 83.00 7-16. r - a i Mon ra.A. WEDNESDAY, AUGUST 19, 19M Muhiel Lift of Canada Anrwuncamanft :; U h. LANG . , A. R1EDEK, VAJi. MacGREGOK, TJUL ! Announcement is made of a number of Mutual Life of Canada management changes to be effective October 1, lStft. .'' r L. L. Lang will become Honorary Chairman of the Board. Mr. tang was first elected it director of The Mutual Life in 1922. He was President of the Company from 1913 to ISM, and has been Chairman of the Board since that time. . E. A. Rleder, F.8.A, President of tha Company since 1BS9, will become Chairman of the Board. : . t .. , K. K MacGregor. F.8.AH of Ottawa, will become President to succeed Mr. Rleder. Mr. MacGregor is widely known In life insurance and financial circles, having served as Superintendent of Insurance for Canada since 1953. He is also currently a Vice-President of the Society of Actuaries. ... Ov The Indus. trial list ww Mirbwiy higher in moderate trading and specula tiva mines continued to be ac tive at the opening today of the Montreal and Canadian itock exchangee.. - - -j . -. . , YESTS WAYS CLOSE v Bt Tka Caaaataa Prm MS In il thalillaat I Ttmdtrt naa. xrwBx-rtiaUji w b-ainMi. Nat M mat ail '! at kaarS-kMI ; A C . : -. ...... v.; .. SMaa Btrk Law Ctoaa.Ck'sa taaa aim lH m . , AWaaea IM IIIH IIH IIH H m nm tm tm taw niit atta sm it Aaa T ar M M t&4 M M 4. U Arsaa M SISH MM Mt 4 It sin sziH a sm a h ah ant , m aim ith ith a h Pkm M MH M MH H ns m snn mt tTH u pane ru , Ta m m . aa .. Batk P M SnH IIH UH Batk PA. US M M M H nam, ran mh am Mtt 4 H vaaw s sr m asm mh mh '...?. .."M lit tM ' tt - BA oa : IIM MH M" MH t.M BC Faraat IM MIH IIH IIH H bc raaaa mm mh n h a nm tm m Brwrk M MtH H IIH 1MTTM Ml MS cat Paw na asat tm tm H Cap Caaa MT M , MH am H c Dm aaa an mh m a 4 H Caa ina m mh sm an H raa. . an aam mh sm . tin aim iih uh H C Ckaaia IM SM Sia SM - c tmt aa e m asm am aan at cr paw in nm ith iih h m asm sm tm m Ct pw ar . its MM am SH H , -aaa atTH ar - arn r- m nm im im a -H C IMrartar M IM M . M 4 H f raa irai . a.ar a aa a IIM III . IIH M . 4 H rap M m M 17M tm H Can Paaar . aaa arm am. a ra tm -., m Sim ISH ISH ? a.- m ssm am am ns m 11H IH - H '- M SMH MH sm H ,t ta tlTH It. It . H - M IIIH IIH MH U D Staraa d lit MIH tlH IIH H Dm Tar MM MH Vt MM a H Dai Tot III SMH MH aH H Daaahwe . - M IIM WH MH Da PaM : UM Mm MM SaH 4 A r.kna . m smh am mh H Tarn TUT - M SMH ISH lm Pram MM a a - H O Dram I a aan sm tm - H OMC ' MSIMH MH WH tlH Or Br C lav IM lim I4M I4H or a c tat a m Mm nn am GL Paaar . M SMH MH MH - H Hands Andy m a , a a 4 Hawk SM . m nn m - TH 4j M naknaar M SISH MH MH j ' II A M S1TH ITH ITH H Ham M IIS U M nana Pt - mm m Mtt Had Ba. 1a MT n St H Haakr OB MS aim MH WH im oa sm sam mh sm a H Imp Tak , IM lim lm im H tad Arrap 4M M tm tm H I Ac tw r a sam mh am rat NteM MM Sam Sm M H M Pap MM sm IRH H Mini. - iim arm mt mh a at tat Ins pr m mh mh mh at Laaaa ' , in m n n H Laar PM 1 , M SN UH. UH a H Am im sh m h ., , MM SMH MH MH H M S A ta m a " a a h MB PB MM sam sm sm . Mar cm 4M asm mh mh Maap Mm sam sm sm - H Mam H St SM II41H 141 H UIH IH Mlraa sa M 111 II II I a A - M MH M B H MM Lars M IIIH IM lm H MaM Trwat MM M M Ma.it Carp ft MH M : MH .' Starn Bah a M IIIH 14 I4H a H NIM UsM M nm Mt MH H sia earn am mh , m sh H nn at M MH SH SH m sim tm lm m iim im in M M ' M M na nm tm iih - h im tm tm a h MM lm MH WH MII4I IM 'Ml 1 IM MH MH MH IM MH SH SH tt BM Ataaa ! M M .M . M - 4M an m . am m m nm it m .I Rattaad A m nm im im . aral Bant IM MH MH ft ml Cm a m ssm sm sm a u Salada-P . MM Iim UH UH H ShaB Can IM Sim UH ItH aaa lava r M MH M Bit H sim w n m a a , - nm lata uw a h a Ml It t M H aa smm , m sim is m i StaM Caa 4IN SMH a BH H Taam C M MH MH MH U smm ma ua m . . m m , ' " ... T. Z J Tnr-Dm V IIS MSH SMI Ml - tt MT Fin A . MM IIM UH UH TrCOarp M WH SH SH Tr Can PL IM Milk- nH MH Tr M Pip tat M Sim MH ItH Tampan ' M MH Mt M WaM OW ' IIM SMH SH Ml W Cam TT IM SIS M II Waataa A M IIS Wt m wm sp p.-;- m nam mth wth Matn tlMt aVrfl 194 fc ( CANADIAM AlHad TaM , A braa A . M M M . S M II t 4H MH M I IM M at a m s SMH u . . Ana B Bi Aaa Pip at a H is t 4tl IM tilt - H Baad Ore Balamaa M , s IS H mark an tam a M at -t IM M M M S SH SH a H a a I .- a rataraal Canvfat : C DtM l J fti i . ia Panada : , nb lp Oraa Flaan PaM ' Pamaaa Paw Car Prm Br -On Oaa (ta Can r Oa PattM BaBaaaa a ' tie ta ia Ala C. ataxia IM IM IM IM MM IH IH IH IM IUH UH UH lm SH IH IH im im m im 4M in in in sm i mi IMM I4H ISH 14 M 4H 4H 4H Carttrr 4 Caawtar cant Maa Caaattad Caamatlay Chlh Cap CTUpmaa rlaialaad H - H tt Camtnsa. a a Caa Canaa I M II 11 11 -I c Mntr . asm Ji at ta .1 OMia MM n UH MH H uaurrama m MH MH MH Darta Btaat IM ITI Ik SI 4l M.MS I Dataaa SM n II 11 4l d ouiwta in smh' an mm DaraaM MM II 11 II I K. VwMaraa IM U n U ' 1 Batx AW ' a 4 tan ii i a-.:-a U 14 H -IH PaaAanit ' PI Kan arte Fai Lata -1 Paadr S M I -I M I MH 4 IH IM m IS -I m 4 "r rntarrtr ' . Oklatea OM'Laka nm . an a m lu us us M IS OM Par V HaaUnaa MS Sk tnlaad C Sm I IM AUat D im IM MM - IS Kaltr D "' IM M sm im m m m a ia . ia M II ! ?' 3 Bak PI M Mrrraaa Maarval aa MrAdant MM Mt-tntna f M sh sh m- H it a. a - m - a M. ttH MriCMar , Tim Mar CMP SMM IS : II tlv I MH IIH M II M M M I MM Mi M M M t a s i -i 114 . IM III i M M M 44 mm raw U . a MH M '. n . n M a M ,t .' t4 4 a m sh t H a . m a i in im. -im i IIH UH ItH - H m - a .a M M M .I MM M sh SH H tai iat in um lit ti u raw l-p I ar m wm , m , a im ind m sam a a 41 . 1 Oaa Pk a im MH MH MH 4 H am m irt m in a Baka Paa .. m M M M ML Calaaa tm M M M Mrr Baa am IT M M U4) Mtrr sanak Sm IIH IS IS I surr Tm am uh It , tt I Sahaa 4M SIS IS tl a Par aaa . Ms n m n H awanan - . ipa, a M M .-, stain r im ia im us al SM OaM IM UH IIH IIH -I Snaairatk '-MM tn M all ant rd m mh sm MH a- H aaa rata V .- . ' m , M B 14 Tarha UM M ' M N I TaUanaa , IBM ' M N It - Ttk Ktr . m ih mm M LacB 4m MH M M 1 THan , - im t , T . t ? 4 1 Traaawr IM a ', M M 44 Ua Oaaltkl PtT 44 41 ; 41 - V Tarn B Mill II II H m Maaprt turn Mt miiSt aa M 14 M III II Mattra M ssm a M mi cam- mm m Mt CatMaa M tl N Panaa SM M. I N Imparl MM n tl Nawrtrk SM B M NW AraaMl M". S Narana IM aH ar an am Nartk Ba ' SM NW Capiat UM Nan Mm 4M Oram r.H SM Paarw Bror M Paaa airrar M Panwtna Vansaard Waaama Waatrllla WkIM Star I I s I 111 111 Ml ' , t ? It M M M I SSH SH SH ' Tark Spaa Taut talaai ifntaatliala HIM. a Us 14TUM . Net' Earnings By The Canadian Press Angle Canadian Ca, tlx months ended June 30: 1944. S2.632.U2. 4.24 share; 19SJ, $2,218,148. $2.08. , '" Canada Wire and Cable Ca. Ltd, six nrnnthi ended June 30: 1044, $601,000; 106, $543,000. ' Opemlska Capper Mines (Que bec) Ltd, six months ended June JO: 194, 11,550,100. 28 cents a share; St.4lt.t00, 20 ints.-.;..,.... t-.- Indutrlal Minerals ef Canada Ltd, tlx months ended June 20: 1104. ttLUO, IK). $136,121 Cesatea Imperial Mills Ltd, six months ended June : ISM. SltlrOlt, 48 cants a share; 1963, S"t,sii, ss cents. v ', . Caaadlaa Power and Paper Sacurltles Ltd, year ended July 31: 1S04. $2M.4f2. 41 cents .a share; 1943. 4210.608, 37 cents. London Stocks LONDON (CPl 411kd rlianiaal Aluminium IAA . ISO",. Bowater Panar Corn Sit Srt. Brit Ara Tnh SM Sd. Brit Patrol Lid as, 4ilt Can Pae SM,. Courtaukla Tta Sri, Dtttlllrra Sat Set, Ounlop laa sa, Om t laa ait Sri. Hawkar atttdrl.r Ma, Hudannls Bap ItMa StL Imp Cham 4.1a I Hit. Imp Tob 4Ta SrL Mrmannto Cham tka 44, Bh) TV Ina aia, Bantaa Mntnra tia ad. Shall Oil aaa 11,4, Unihmr Ud S4a Stt. Vkkrrt Ma 4 ltd. Wonlwmih STt, FRENCH 1 . ENCLISH 1 i 1 SPANISH" ' " ITALIAN , 1 . cerman r any other language ' ' ' THE .. v ' CEFiiTZ sc:::cl CF LAKCUES SI Metcalfe Bt 222-8343 , ; . KAKACEKEMT TRAINEES I!r!rLjS,tIl,l?l tamttMma tra nfftraa to ytMinf maa arilh kwceina aatockttnd arlttl Canadaa largaM katHdar .Mltaanaa. , . !L!lH,'.i.'' '". ,r" """'swiica: nave Iha Inltlallrt and at. I of a man aeekint amplnarrvant with a ST"!! anllmttad poUnllal: kava ractmUr aaaalrad a f. Comm. darrna: and ara wlillnt ta tocala In Caatant ar Cantral On tarts or WeaMrn Canada; m " h,V'"r appUeatlop, strlns IttU partlcnlara. to ba hald ta 4m,."'.. v.V p.-; f.-'n Mr. Bernard C KurU, CooaolldaUd BuUdlng Corporatioa " " Limited, 99 Avenue Road. Toronto S, Ontario JI L 1 ' : - :fi i ' , I)..'. .tl . -. $)) i ... ...... U -:(;;:, t v - . ' 'M i i. "

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