The Montreal Star from Montreal, Quebec, Canada • 23

THE MONTREAL STAR TUESDAY JULY 21 1970 "Business Today Quebec City stations CRTC orders sale CAREER OPPORTUNITIES Cable TV transfer falters Canadian Press OTTAWA A bid to turn over ownership of a series of cable television companies two radio stations and a TV station in the Kitchener Out H) 861-8371 SMOOO MANAOiR FINANCIAL PIANNINS A Minimum of 2 yean analytical background Will be retponilble for' Corporata Planning acquisition! and mergers Report! fa the Secretary Troi-urer Call Martin thaw S7SQQ COMM AcouNtiNp svstims orf talking about selling and telling full tytlemi the acceunting knowledge has to be sound the telling potential ready to be developed and of ourta bilingualitm It In thit cate a definite mutt Coll Blthord d'Autoull at a public hearing in April 1969 the CRTC denied the application but urged that the two stations one French and one English conform with ownership requirement before Sept 1 this year the government deadline The commission has the authority until Sept 1 to extend licences for limited periods "The commission has granted this renewal of licence to provide a further opportunity for the company to comply with the ownership direction" the CRTC said If Television de Quebec presents an unacceptable plan before Sept 1 applications for the frequencies will be accepted by any interested parties the commission said CRTC would receive applications for others to operate on frequencies held by the stations The ownership requirements are based on government regulations limiting the amount of foreign ownership in Canadian broadcasting operations to 20 per cent Television de Quebec is ineligible since 50 per cent of the common and 50 per cent of the preferred shares are held by Famous Players Canadian Corp Ltd a US firm Television de Quebec presented a plan at a CRTC public hearing in November 1968 for sale to a firm known as Teltron Communications Ltd After a further presentation Canadian Pitss OTTAWA The federal broadcasting regulatory agency has told the owner of two Quebec City television stations lo present a plan for selling the operations to eligible Canadians by Sept 1 or new applications for use of the frequencies will be received The Canadian Radio-Television Commission announced it will approve a licence renewal application by Television de Quebec Canada Ltd to continue operation of CKMI-TV and CFCM-TV only until March 31 1971 But if the company did not submit a plan before Sept 1 for transferring ownership and control to Canadians from the present US owner the PHARMACEUTICAL SALES OPPORTUNITY The position fluent bilingualism ra-quiri! university degree (preferably in the bio-sciences) or extensive experience or education in a para-medical field Th position open and competitive salary offon: challenging work with guided development growth in responsibility ond remuneration fringe benefits of car life and health insurance pension etc All appli'cafont ore completely confidential Write or telephone for appointment ELI LILLY AND COMPANY (CANADA) LTD Suite 300 3600 Barclay St Montreal 351 Quaboc 738-9268 $33000 PAHIS FANCC DlmCTQIr OF MAIIKITIMO CONSUMM A well etlablithed manufattur-ing company requires a bilingual Senior Marketing expert who it familiar with all atpettt af the Marketing mix In particular advertltlng Call Jean Pierre Jasmin $10000 BUDOIT ANAlYSr The telected candidal will be responsible for the analytlt of budgets variancet In the various operational departments of a commercial airline Suitable qualifications would ba bilingualism two years af una-lytlcal accounting including budget work ana studies in progrett towardt an accounting degree This it a newly created function Coll Irendon Wood Maclean buvs cable unit tH000 I CAR i BONUS CANADIAN SAliS RiMISINTATIVE -CHtMICAL INOINHD Minimum 2 yean Sulet experience Sola operation Primarily Onlaria A Quebec markets handling Industrial pharmaceutical organic A Inorganic chomicalt of measured purity location open ''all John Hutchinton grading 06 to one pc copper and molybdenum equivalent LANGUAGE TEACHER DATA SINIOR PROGRAMMER to STOOO ilingual with minimum 3 yoart in AccountingProduction applications to work In a 360 DOS installation Syttemt Analyst! to 1 JS System- Analyst Cornwall to 1 3 System! Analyst Accounting to 12 Junior Syttemt Analyst AttCobol to 1 13 Prog Analyst DOS Cobol tolOSK Call Peter Jessop area to Electrohome Communications Ltd received only partial approval yesterday from the Canadian Radio-Television Commission The commission federal regulatory body approved an application lo transfer the ownership of CKCW and CFCA-FM radio stations and -T in Kitchener to Electrohome Communications Ltd The CRTC refused however to allow Electrohome to purchase cable TV systems in nearby Stratford New Hamburg Baden Kitchener Waterloo Preston and Gait from Grand River Cable TV Ltd Under the proposal Electrohome a public company would have held 80 per cent of Grand River and 100 per cent of Central Ontario Television Electrohome Ltd a large TV and radio manufacturer in Kitchener would have owned 55 per cent of the new company Electrohome Communications Ltd About 54 per cent of Elec-t Ltd would have been owned by the Pollock family of Kitchener under the proposal Business failures much higher Canadian Press TORONTO Liabilities of Canadian companies which declared bankruptcy in the first quarter of 1970 increased 715 per cent from the debit figures of businesses which went belly-up in the corresponding period of last year Statistics released by Dun and Bradstreet of Canada Ltd Toronto show liabilities of $69519000 among 621 business failures in the first three months of the year up from $40528000 among 550 bankruptcies in the similar period of 1969 Ontario and Quebec accounted for a total of 552 of the first-quarter failures The four Maritime provinces however had a combined total of only two bankruptcies in the period SELECTION SERVICES CANADA LIMITED 615 Dorchester West Room 300 Montreal PO A South Shore junior college requires the services of a modern language teacher Duties: As a member of a teaching team designing and implementing a language-learning system at the junior college level Qualifications: Interest andor experience in: tutorial teaching instructional programming urd instructional systems Experience in teaching English French Dalian German andor Russian A university degree Must be able to interview in French Remuneration: According to the scale of the Minittry of Education Apply with return of education and experience before July 39th to: Mr Florent Grandbois COLLEGE EDOUARD-MONTPETIT 945 chemin de Chambly Longueuil TORONTO: VANCOUVER: (416) (604) 360-1293 688-82S1 HALIFAX: OTTAWA: QUEBEC: (902) (613) (418) 429-3173 237-2888 522-8171 PACKAGING SUPERVISOR (Toronto) Maclean-Hunter Cable TV Ltd has agreed to purchase all the assets of Lakehead Vi-deon Ltd 50 pc owned by Famous Players Canadian Corp Sale is subject to approval by the CRTC Price or terms 't disclosed Famous Players is controlled by Gulf Western Industries of the US Atlas Expl Latest drilling from Atlas Explorations copper molybdenum discovery in northern Chile returned a 413-ft intersection averaging 213 pc copper and 0182 pc molybdenum disulphide Some 10-ft sections returned higher assays Cima Mines a wholly-owned subsidiary has been drilling on the property since February of last year and until the most recent exploration indicated a tonnage potential of 30 to 50 million tons PROPERTY (Concluded from Page 21) mand is increasing by about 1 to 2 million square feet a year Generation gap On a world-wide basis Mr Cummings feels that Canada and Quebec in particular "has to be one of the more desirable locations and there's no more excHing city than Montreal where the political climate is improving" One of the latest development of Cummings Properties was the formation of Link Programs Inc with the Himmel Corporation of Chicago to examine the potential of urban America and a move which will help to counter-balance the impact of US investment in Canada Mr Cummings described by some coiieagues as "a conservative businessman during the day-time and swinging liberal in the evenings" likes to golf ski and play tennis as well as travel with the family "I spend a great deal of time debating the ways and wherefores of the new generation with my elder sons one 20 and the other 17 as well as their contempories ment division of the ISC Canadian Group of Instrument Systems Corp -it the US Radio Trade is the largest Ontario distributor of West-inghouse products and is exclusive distributor of Webcor and Lloyds Imp Oil Imperial Oil reports fest-half net income was $45 million or 35 cents a share against $46 million or 36 cents a year earlier Second-quarter net was $21 million or 16 cents a share against $22 million or 17 cents Operating results showed increased product sales refinery runs and crude oil production but these were more than offset by the failure of product prices to keep pace with continuing inflationary cost increases A further factor was the rise in exploration costs in the frontier areas Inventories slip but orders rise Canadian Press OTTAWA Manufacturers trimmed their inventories slightly during May but had a small increase in new orders says DBS Shipments for the month totalled $3788100000 compared with $3777600000 in April and $3764100000 in May last year Taking seasonal factors into account inventories of raw materials goods in process and finished products at the end of May totalled $8-015900000 This was down from $8042900000 a month earlier but higher than $7-544300000 a year earlier New orders totalled $3-668900000 compared with $3649900000 in April and $3564000000 in May last year Orders for both durable and non-durable goods increased during the month Pound slumps Reuters LONDON The pound slumped today to its lowest level in nine months as a nationwide port strike neared the end of its first week Six points were knocked off the currency's US dollar rate during the morning bringing it down to $23880 to a depth of 450 ft Olivetti Olivetti Canada Limited will move its Quebec headquarters into the Nun's Island complex It is planned to move into its own building on the Island in May of next year Robert Morse Robert Morse Corp's wholly-owned subsidiary Johnston Pump has received a $1-400000 pump order from the City of Detroit for the latter's water supply system Canada Northwest Canada Northwest Land has agreed to purchase Bayou Petroleums Ltd and Nassau Petroleums Ltd in for 205000 Canada Northwest treasury common shares Cdn Vickers Canadian Vickers reports a i -h a 1 loss of $260117 against a net income of $357989 or 65 cents a share a year earlier Sales were $10369135 against $20176548 Latest results show a slight improvement from the first-quarter when the loss was $313069 against a net income of $154667 or 28 cents a share Second-quarter net was $52952 or 10 cents a share against $203322 or 37 cents a year ago The improvement is expected to continue in the second-half Labor negotiations are continuing and "it is hoped a satisfactory contract will be achieved shortly" the company said Gt Lakes Paper Great Lakes Paper reports first-half net income was $1943000 or 54 cents a share against $2184000 or 61 cents a year jearlier Sales were $38358000 against $37049000 Second quarter net was $1023000 or 28 cents a share against $1223 000 or 34 cents Sales were $20830000 against $19526000 Revenue from premium on US funds excluded from sales declined to $2 million in the first-half from $27 million a year ago ISC Canadian Radio Trade Supply Ltd a major distributor of electronic components in Canada has been acquired by the White Electronic Develop- SERVICE CENTER MANAGERS Large petroleum marketeer requires mature businessmen who have shown initiative supervisory ability and administrative attitudes in the service station operation Candidates should have completed high school be bilingual and bondable Salaries commensurate with ability Fringe benefits and possibilities for advancement are available to the right men Send detailed resume including a recent photo to: Personnel Department PO Box 6048 Montreal 101 Quebec Graduate engineer with a minimum of 2 years supervisory experience in packaging of consumer products Non-graduates with extensive related experience will also be considered Our Company is a major manufacturer of proprietary and ethical drugs located in Northwest Metro Toronto Salary Is fully commensurate with the indicated experience and qualifications A detailed resume should be sent to: Personnel Manager RICHARDSON-MERRELL CANADA LTD (Vicks Proprietary Merrell Ethical Drugs) 2 NORELCO DRIVE WESTON ONTARIO ADMINISTRATOR WELFARE FUND This is a well-established employee welfare fund jointly operated by Labour Unions and Management A vacancy exists for an Administrator who will report to the Board of Trustees The organization is Montreal-based but operates across Canada The welfare plan provides a range of benefits for medical and hospi tal treatment and drugs disability and death The successful candidate will probably have a good background in personnel work andor labour relations The position calls for a diplomatic individual who is really skilled and experienced in handling men and has proven administrative ability The salary will be commensurate with experience and qualifications and will be made attractive to the right man The location is Montreal very little travel will be involved Reply to our Montreal office quoting reference No 72442 omplete con fidence will be observed POWER BOILER AND RECOVERY FURNACE SUPERINTENDENT Churchill Forest Industries (Manitoba) Limited The Pai Manitoba has an opening for a Steam and Recovery Plant Superintendent in their 450 TPD Pulp Paper Mill Operation Preference will be given to applicants holding a 1st class Steam Engineers Ticket and having experience in the Pulp Paper Industry The successful applicant should also have experience with all aspects of Water Treatment and Clarification Procedures The Pas situated in northwest Manitoba is an outdoorman's paradise providing excellent hunting fishing boating and other outdoor sports The Pas also has first rate schools including a Vocational School and is the home of the WtSter Sports Festival Excellent employee benefits and relocation assistance are available Please send letters of application in confidence stating full particulars of experience marital' status etc to: Mr Nelson Personnel Manager Churchill Forest Industries (Manitoba) Limited PO Box 21 89 THE PAS Manitoba but it seems to me I don't often win an argument" Vancouver TORONTO Box 260 Royal Trust Town- Tocoato-Dominion Centre MONTREAL 2604 Stock Exchange Tower WINNIPEG 220 Portage Ave VANCOUVER 1 1 7 7 Wesc Hastings Sr The Thorne Group Ltd Net Net Low Close Ch'ge Stock Sales High Low Close Ch'ge By Th Canadian Press Complete tabulation of Monday transactions Quotations in cents unless Stock Sales High marked Net change Is from previous Hi Chief 400 Himont 3100 HBay Mtn 10000 In Pv Sil 1500 18 18 18 595 290 290 16'j 15 15 -1 18 18 -1 MANAGEMENT CONSULTANTS board-lot closing sale Net Stock Sales High Low Close Ch'ge MINES 80 80 3 Inf Tech 6500 Iskut 500 18 75 18 39 13 18 75 Jason Ex 39 13 Jersey Jericho 8'A 24'A 24'A- 71 18 39 13 8'A 24'A 76 28 11 52 27 19 65 28 Kalco Kamad Kimberly Kopan 1500 5000 1000 500 27000 300 5500 3700 4000 1000 300 4300 35 18900 1-4 Largo Laura Lon Pride Lornex Madrona Magnum Mariner -5 2 VICE PRESIDENT MARKETING 10 52 25 19 660 33 100 30 15 22 21 675 35 IO0 28 10 52 27 19 660 35 100 33V 15 23 21 19 145 170 35 Marshal 1500 Mercury Ex 6500 15 25 21 WA wo Mln-tx 18 1 -1 1 160 17(1 ri 29 100 19 173 Molymlne Nadina New Imp New Terr Norcan NEW Vent Omega Pac Asb Paramt Peel Pinnacle Placer 155 170 18 28 100 16 165 39 12'A 29 -1 1 We wish lo discuss with those having a record of proven accomplishment in consumer oriented marketing the needs of our client for this position Duties demand total control and development of the marketing function concerned with $12000000 annual sales now product cfeveopmenf and an aggressive diversification and acquisition program Career potential requires that the individual be prepared to accept major executive responsibilities in the near future While a university degree and bilingualism are asset's neither am mandatory Location is Montreal and the position will interest those present earning in the $20000 range For further information and completely confidential interview arrangements please call Smith at 867-9984 mentioning file 4705 INDUSTRIALS Abltlbl 100 $734 7 7 Austin Inv 800 50 50 50 Balco 100 VM 6 434 Block Br 6975 305 285 300 25 Burr Mtge 1600 275 270 275 Capt Int 400 310 300 310 15 1 Comlnco 150 $20'4 20'4 20'4 Cred pr 3700 140 140 140 Cuninghm 100 $9 9 9 Dlst Seag 4000 $46 46 46 Doman 200 3V 3 Driver 240P $37 34 34 EDP Indus 100 140 140 140 Gt Land WOO $80 80 80 Grt Ind 100 3'4 3Vi 3V4 Grouse 100 130 130 130 -5 Stoln 50 3 3Vi 34 Hvs Can 100 300 300 300 Inter Br 100 430 430 430 Intl Hyd 400 180 170 1 70 20 Intl Util 100 $22 22 22 lonarc 10550 195 180 195 15 Johnston 100 $6'4 4 Key Indust 1000 $35 35 35 Keystone 100 395 395 395 MacMII 100 $22 22 22 Melton 200 105 105 105 5 Micro 1000 $45 45 45 5 Natl Ho 400 165 165 165 5 Neonex 1O0 3V4 3Vi 3'4 Noranda 100 $28 28 28 Pace 1350 130 110 110 PWA 700 $9 8'A 1 Tokar 200 1 60 160 160 Glass 300 425 405 425 Tr Mtn 150 $15V2 15'A 15'A Equities 300 185 185 185 -5 Wall Redek 300 280 280 280 25 Wardalr 1000 120 105 105 Realty 600 440 440 440 Whonnock 100 SWj 5'A 5'A OILS Ballndery 3100 85 84 85 Bison 131 170 170 170 -5 Fortune 1000 15 15 14 Canarctlc 500 46 46 46 Comercl 500 15 15 IS Five Star 500 2 3 2 3 23 Manhat 1032 40 39 40 'A Aierland 100 39 39 39 -5 Midland 7000 7 7 7 Pete 500 8 8 8 P'alns 3250 2 5 2 3 24 Pondcrv 5130 80 78 78 1 Ve 1000 73 70 70 Shard 500 12 12 12 Pete 6000 16 15 14 Stmoede 18400 170 165 1 67 -3 Sunllre 200 4 2 TC Res 1150 68 68 68 Untd Bata 2800 385 283 283 Western Ex 500 20 20 20 BANKS 'Bank BC 143 WVt W'a 39 13 29 3234 14 IS 35 31 Quatsino Adonac 1500 PA PA PA Adera 2900 34 33 34 Alax 1000 10'A 10'A 10'A-- Va Alice Lk 5500 31 30 31 1 Alwln 1800 10V 106 106 Anuk 3500 21 20'A 20'A 'A Ardo 19000 32 32 32 Arlington 5500 27 26 26 Arctic 7650 19 17 18 1 Atlas 48550 124 100 114 15 Avino 3400 125 115 115 Bathurst 8500 51 58 58 Beaumt 88600 52 41 45 Benson 1000 22 22 22 Beth Cop 30 12'A 12'A 12'A Black Gt 2100 105 105 105 Blue Gulch 11500 52 48 52 Bornite 10500 26 25 25 Boswell 1000 46 48'A IVi Brameda 200 252 252 252 Brenda 790 960 935 960 10 Brenmac 12350 46 45 46 Brycon 4200 125 110 110 5 Buchanan 1O0O 9 9 9 BuvJ Ex 12000 30 28 28 Calico 3000 14 15 15 Calta 2600 40 40 40 Barranca 1000 46 46 44 Capri 1500 46 46 46 Car Bell 200 68 68 68 Car Gold 1000 88 85 85 Casino 5000 192 180 180 -15 Churchill 900 330 320 320 Coast Sil 5500 29 29 29 Canyon 1556 32 30 30 Coleman 200 285 285 285 Columbia 1100 55 55 55 Skeena 12000 40 38 38 -2 Vantor 6500 17 '6 17 Cinch 2000 17 17 17 McKinnay 1000 11 11 11 Potash 1000 6 6 6 CPR Gt 1935 33 30 31 Cop Rldat 5400 58 55 55 Cor Gulf 1000 35 35 35 2 Coronet 400) 32 30 30 Crownex 16900 :0 38 'A Crovoen 2000 27 27 27 -1 Davis Keay 1060 300 IK 290 Dolly Var 1300 39 38 38 Dundee 34000 37 32 35 Early Bird 13150 47 45' 47 ralafse 3500 4o 46 46 Fortune 27000 130 148 11 Frontier fb 1300 39 38 38 Gt Masc 1955 280 185 GIbrfliar 5800 420 10 420 5 Gunn 6000 55 53 53 Hart Rlv 1530 40 40 40 -3 WaarflU oOO 32 32 32 Radex Riviera Agsssiz 19 28'A 100 18 165 39 13 29 32V4 14 15 35 31 160 30 50 70 40 27 150 24 45 29 14 14 35 31 160 30 Shield 4700 900 200 5500 29500 1500 7000 10700 1000 5500 2000 500 2000 2500 1500 1000 100 4000 MM 500 10000 500 1600 2000 1500 1000 1000 4000 6000 1000 5800 12500 1000 SIMUI Mr 160 31 30 71) 40 Silver city Chief Silver Lee Silverqk Published Daily Deadline for advertisements: 5 pm 2 days prior to publication Monday's issue 5 pm Friday When proof of advertisement is required please allow an additional 24 hours Rate 80tf per agate line ($1 120 per column inch) For use of a Montreal Star box there is a charge of $100 which covers mailing of replies in Canada and United States 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