Winnipeg Free Press

Saturday, July 27, 1968

Issue date: Saturday, July 27, 1968
Pages available: 126
Previous edition: Friday, July 26, 1968
Next edition: Monday, July 29, 1968

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  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 126
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Winnipeg Free Press (Newspaper) - July 27, 1968, Winnipeg, Manitoba Winnipeg free press saturday. July. 27, 1968 of labor Foree in service industries 13 by Jane Becker St. Catharines ont. Up when upper lakes shipping Ltd. Christens its bulk Carrie Canadian Progress it May be the last ship off the line Foi port Weller dry docks Ltd. Company officials say. Since it started in business 22 years ago the company has sen 47 hulls Down the slip ranging from Newfoundland fishing trawlers to some of the largest Ore carriers on the great lakes today it is afflicted with the illnesses which Are spreading through Canadian shipyards shrinking orders due to rising costs declining government a and stiff foreign Competition. If Canada wants a ship build Dunlop appointment or. K. Storey appointment of or. K. Storey Ai Asci ital regional manager Proi Riei is announced by or. W. Mcmillan sales manager Western Canada Dunlop Canada limited. Or. Storey is a graduate of Rye non Institute Toronto where he majored in business administration. Prior to joining Dunlop or. Storey Wai with a leading Canadian department store a a management trainee and soles supervisor. Most recently he was merchandising coordinator with a major lumbering company. Ing Industry it s absolutely Nee Essary for shipbuilders to hav More says Georg Black manager of fort Welle dry docks. Otherwise Canadian Yard cattle a total of 125 cattle 135 hog were offered for Sale at the Union stockyards St. Boniface Friday morning. The cattle Market closed of the week with Only fair action and generally steady prices on very Plain Quality offering. There was no calf or Lam Market established. Grade i hogs sold 75 cents higher. A few medium to Good steer sold from 24 to 27.50, com to 15 to 23.50. Medium to goo heifers sold from 22 to 25 common 15 to 21.50. Medium t Good cows 18.50 to 19.50, can ners and cutters 15 to 18. Gooc bulls 22.50 to 13.50, common am fat bulls 15 to 22. Good s t o c k e r and feeder steers sold from 26 to 29 medium 23.50 to 25.50, common 15 to 23. The bulk of Grade a hogs sold from 31.85 to 32.25. Thursday s average 31.60. Investors Syndicate limited appointment or. In Stanley or. Ron general manager Lance travel is pleased to announce the appointment of or. Jim Stanley to their staff. Or. Stanley comes to Lance from Cunard steam ship lines where for the last 12 years he was area sales representative covering Manitoba Saskatchewan and Lakehead. Or. Stanley has approximately 15 years in the travel Industry which also includes service with air Canada and the car. Or. Stanley invites All his former clients and friends to Contact him for All their future travel arrangements. Dennis l. Herman or. C. E. Atchison president of the investors group has an i bounced the appointment of Dennis l. Herman As Region manager of the Calgary South office of investors Syndicate limited. The appointment is effective August 1. Or. Herman joined investors in Winnipeg in 1962 and has had an outstanding record with the com Pany he was appointed a District manager in 1963 and promoted to division manager in 1965. He takes to his new position in Al i Berta wide experience and Talent in servicing the investment and pension needs of individuals and i groups. His division in Winnipeg i was one of the company s leading ones in Canada. J investors Syndicate limited is a subsidiary of the investors group the largest company of its kind in Canada with total assets under management of billion. Its three affiliated Mutual funds Are investors Mutual of Canada Ltd., investors growth fund of Canada Ltd. And investors International Mutual fund Ltd. Will run out of orders quickly and be reduced to ship repair work. Most won t exist on this alone last year port be Able to Weller dry docks a subsidiary of upper lakes shipping finished a 730 foot bulk Carrier and built two fishing trawlers. This year it has launched research ship and a trawler and is putting the finishing touches to the Canadian pro Gress expected to be in service by september. Its work volume last year will drop to in 1969 unless some new orders materialize the company says. At Peak periods the company has kept about 800 workers Busy. Today the work Force is Down to 450. About 300 of these and 30 of the 95-member Sala ried staff Are to be Laid off in August. Business has not completely dried up however. Port Weller has a order for Fence sharing work with de the United states Navy building masts funnels mooring posts and steel sections for vessels. Company officials say some of his work can be done economically in Canada because wages ice Are about 80 cents an hour Ess than in the ., and Cana Lian Yards can guarantee faster delivery than their american counterparts. Port Weller is building a Dock ate Worth about for n Erie pa., shipyard. It also As a contract to do drawings or another new Shipyard and a second contract to make Industrial air dryers under i ence for Zurn industries inc of Erie. The Zurn contract could be anywhere from to says or. Black. It depends on Zurn s ability to eur. So far. We be made two Ryers and sold them to our elves for about such diversification May be be answer for Canada s Trou led shipbuilding Industry which has few orders and where employment has been Cut Al most in half this year to about ,000. Some Large Canadian Yards ready have Industrial Divi ions. Others like Canadian dickers Are part of a diversified company Able to be maintained for a time at a loss. Canadian Yards say they Are coming increasingly strapped i competitive bidding on new hips. One reason is wages. A Cana Dian shipyard worker makes an verage an hour. In Brit in the rate is an hour in Apan 75 cents. Devaluation of the British Toronto Market Toronto up the Toron to Stock Market posted a wide Range of losses Friday for the fifth successive Day. However volume was Light and there were some signs of recovery in late trading. Among the main groups Only Western oils steels chemicals and construction stocks were steady. Declines outran gains 264 to 220. In industrials car fell 1% to International utilities 1 to 50v4, Levy industries 1 to . Phone 1 to 57, Hudson s Bay co. To 25% and Bank of Nova Scotia to Neon products and Dalex diversified were up 2 each to a and Argus corp. And a Bors drilling gained each to and 6% and Industrial wire 30 cents to among the most Active Trad eco Stales face problems technological Gap ers eaps transport Rose 10 and pc explorations to 16 cents to Revenue proper ties slipped to 35v4. Seaway hotels jumped 1% to 18. The company plans to buy Beverly Hills motor hotel Toronto and has just raised by the private Sale of Treasury shares and debentures. Universal sections advanced i to the company has acquired a major interest in Alva Craft co. Ltd. Of Montreal corp. Slipped to the company said it has obtained Well Over 90-per-cent of he shares of trans Canada corp. Fund and intends to in Oke the Quebec companies act o acquire the remaining Stock. Fruehauf trailer dropped Ivic to 15. Half yearly profits fell to 60 cents a share compared with a year ago. Noranda advanced to six month earnings were up 6.3 per cent. Newly listed gait malleable Iron Ltd. Of gait ont., closed at 9% after opening at 10 on sales of shares. The firm manufactures Iron castings and truck camping Marine and plumbing accessories. Scurry Rainbow Oil jumped 2% to 37, Hudson Bay Oil to 39vi and Canadian Grid Oil to 13. Dome mines lost 2 to 61, Patino 1% to 28% and Kerr Addi son to 17v4. New Quebec rag Lan mines climbed 60 cents to on Index industrials fell .94 to 166.08, golds 2.17 to 195.86 and base metals .55 to 103.26. West Ern oils were up .41 to 202.40. Volume was shares compared with thurs Day. Paper exports dip slightly to july Montreal up the newsprint association of can Ada announced that newsprint shipment for the first half of 1968 totalled tons compared with for the corresponding period last year. A statement from the association said that the decrease had oud last year enabling Brit come from reduced shipments in Yards to lower their Cana Ian Dollar bids and reduction of the Canadian government subsidy on Large carriers to 23 or cent next year from. 25 ave further crimped Canadian Ards. Shipbuilders Are also irked a aying to duty on imported lip components while British lips Are not dutiable when ought by canadians for service Canada. Rencona mines limited notice of annual and special general meeting of shareholders notice is hereby Given that the annual and a special general meeting of share mates limited wil1 be held at Salon a of the y 31 1s68 at hour in the 2. 3. 4. To receive consider and if deemed advisable approve the financial statements of the company for the year ended May 30, 1968, together with the report of the auditors thereon and the Annua report of the Board of directors to the shareholders p to elect directors for the ensuing year. To appoint auditors for the ensuing year. To transact such other business As May properly come before the meeting and further take notice that the meeting is being called and will be held As a special general meeting of the shareholders of the company for the following purposes 1. To consider and if deemed advisable confirm a Resolution of the directors of the company passed at a meeting of the directors held july 11, 1968, a Floming the company to apply for supplementary letters Patent confirming a the cancellation of All presently authorized but unissued shares without value in the capital Stock of the company b the consolidation of the presently issued and outstanding shares without value in the capital Stock of the company on the basis of one new share for every four shares presently issued and out standing so that shares without value will be issued and outstanding c the increase subject to the consolidation of the capital Stock of "-1 the company As referred to in clause b Hereof of the issued and outstanding shares in the capital Stock of the company from 1100214 shares without value to shares without value issuable for a consideration not to exceed in amount or value the sum of d the change of the name of the company from Rencona mines limited to Kelly Lake Nickel mines limited and 2. To consider and if deemed advisable to approve a the Purchase by the company of All of the property and assets of consolidated re court mines limited at and for a consideration to be fully paid and satisfied by the issuance of shares without value in the capital Stock of the company after the consolidation of the shares in the capital Stock of the company As set Forth in paragraph 1 of this notice and by the Assumption of the liabilities of consolidated re court mines limited of approximately Fand the Purchase from d. Phillip Owen of Toronto Ontario of 10000 shares in the capital Stock of Consego Nickel mines limited on condition that the said d. Phillip Owen release to Consego Nickel mines limited his right to receive a Royalty of of one cent per Pound of metallic Ore re moved from the property of Consego Nickel mines limited at and for a consideration to be fully paid and satisfied by the issuance and allotment of fully paid and non assessable shares in the capital Stock of the company after consolidation As aforesaid. Dated at Winnipeg Manitoba july 15, 1968. By order of the Board Gary t. Brazzell Secretary. Shareholders whose shares Are not registered in their names should Contact their broker the Montreal Trust co., 213 notre Dame ave., Winnipeg 2 or the offices of the company 600-213 notre Dame ave., Winnipeg 2, Man., for farther information to the United states Africa and Western Europe. The european common Market countries Are work ing hard to close the techno logical Gap with the United states so As to improve their competitive position in world Trade. James Nelson of the Ottawa staff of the Canadian who spent a month in common Market countries tells of the difficulties they face. By James Nelson Paris up at the sea port of St Malo Brittany from which Commodore Jac ques Cartier sailed away on a smiling morning in May on m s first exploration trip to Canada there is a Law prohibiting any Structure taller than three storeys. Its purpose is to ensure that Cannon in the fort behind will have an unobstructed line of fire to any sailing ships enter ing the Harbor. The Law was promulgated 300 years ago by Jean Baptiste Colbert Louis Xiv s financial reformer and Navy builder. It s still in effect re presenting the kind of archaic regulation that pervades not Only France but most Mem Bers of the european com Mon Market. The six France Germany Italy Luxembourg and the Netherlands Are moving into the forefront of world Trade in a highly competitive spirit. And they Are All worried about their so called techno logical Gap with North Amer Ica the Way the United states remains constantly ahead of them in developing new skills techniques and products. The problem is a deeply rooted one which politicians have fought Over universities and other research institutes have Analysed and business men have discussed. Arts emphasised it shows the markets for Industrial goods and in re Tail stores and food shops where English and american Brand name products abound. It also lies at the Root of re cent student disturbances. There Are violent complaints about the educational system which is Over weighted on the arts rather than the sciences and requires Many More years of spotting to turn out fewer technicians than Ameri can universities. But trying to do something Concrete about the technological Gap even in one Field such As housing is frustrated by regulation and deep rooted National conscience. In the face of Competition in lumber and Timber from the scandinavian countries and the now predominant use of steel and Cement in Commer Cial construction the Cana aircraft technique applied to housing Vancouver up a former test Pilot is using an aircraft construction technique to carve out a share of the expanding instant housing business in Canada. W. G. Anglin of North Van Couver introduced Monocoque design in his factory assembled buildings eliminating struts and supports. Instead stress is absorbed by the Layor of finishing material Over a Light Shell. In the Case of buildings this is done by gluing Wall sheathing on a Frame of two by threes. We weren t the first to discover. This idea but we Are the first to adapt it to building construction. It makes our buildings both lighter and said or. Anglin. His company fab co manufacturing Ltd., has provided work Camp housing at lumber Mills overnight stations for railway work gangs school buildings and even an instant City Hall Foi Gold River . When the units leave Here hey Are fully said or. Anglin an Engineer trained at the Boeing school of Aero n a u t i c a who incorporated taboo in 1965. They have stoves furnaces refrigerators air conditioning bookcases Beds made up with Linen and blankets kitchens Complete with thing the owner his biggest competitor is Atco industries Ltd. Of Calgary which has been operating since the second world War and had sales last year of Atco is Canada s biggest manufacturer of such buildings. Fab co developed from the West coast trailer group of had an interest. It has a had an interest. It has a Square foot Plant on five acres and now Sells instead of Leas 1 ing its units. Cost for 13 overnight railway stations for Canadian Pacific j railway workers was i they contained 421 bedrooms and Kitchen facilities and were used from British Columbia to Ontario. The filly equipped units Are heavily loaded during shipment but says or. Anglin the Mono Coque construction absorbs the stress. The units also have been lifted by helicopter into Remote areas. The floors Are built on two by six joists. But the Walls Are attached to a Light Frame of two by threes instead of the usual two by fours and Are glued not nailed. This distributes the stress to the Wall itself instead of just the Frame. For insulation and soundproofing the three Inch space Between inner and outer Walls is filled with Glass fiber. We can come up with different combinations of accommodation from the units we Are producing said or. An Lin. Dividends Dominion and Anglo invest ment co., 5-per-cent pref. Sept. 1, record aug. 15. Guaranty Trust co. Of Canada Ltd., common 12 cents oct. 15, record sept. 30. Dian government has been trying to interest Western Europe in Canadian techniques of Timber Frame construction for housing. Europe is desperately Short of housing with a big backlog of demand still remaining from War damage and a rapidly expanding population. Multi unit Row housing if not High Rise apartment blocks is the Only answer to the limited space available for housing. Still Hunt Timber but fear of fire and require ments of sturdiness still Dic Tate Brick Stone and mortar construction heavy and slow to erect. Some Timber Frame houses have been built in the Netherlands As in Britain but breaking Down prejudices against it is a slow process. Use of Timber Frame construction the technique now almost universally used in new housing projects in can Ada May bring to Europe too the use of Canadian fur Naces plumbing fixtures and hardware some Canadian officials think. But Italy s dominance in this Field with its Small fam ily run enterprises of 10 employees or less is Likely to re main and probably grow with the removal of Tariff restrictions among the six. Other officials say that the Only real Hope Canadian manufacturers have of breaking into the Market is to produce totally new and distinctive products unlike anything on the european Market. At the other extreme from Basic housing materials and techniques there is a growing Market in Western Europe for electronics products from Canada. This appears paradoxical in the Light of German prowess in instruments and the like. The reason is that an entirely different set of Crite Ria enters into the electronics business than in most other Fields. One expert in the Field said that Price Quality and Avail ability Are the main factors on which such things As wheat Timber base metals and retail goods Are sold Rhode and Schwarts of Munich is a big supplier of electronic measuring and metering devices. In addition to its own production it imports and retails american and some Canadian electronics to round out its catalogue a company official in co Logne said Price is not the principal Factor. It is first specifications and second features. Availability and service rank next then Price. A new improved version of an already established elec tronic device is not going to make headway in Europe unless it is so greatly different and improved that the owner and user of older equipment is prepared to scrap it he said. Scrapping an existing device usually Means that All the re cords of its use built up Over a period of years become obsolete. A Rhode and Schwarts Salesman also said Europe faces a particular problem in the electronics Industry be cause of its great variety of languages and cultures. Distance is Handicap a user who wants to com Plain about a particular de vice or seek further information about it has difficulty picking up a Telephone and simply talking about it be cause of its if the conversation is in his native Tongue. When products move across Borders and language differences become involved the difficulty is compounded. The Only solution then is to have an Engineer come to the Trou ble spot and Deal with it first hand. It s not easy or cheap for a Canadian Engineer to Fly to Europe As frequently As May be needed. The Canadian Trade com missioner service has run into problems in getting Canadian suppliers of electronics or scientific equipment of any kind to have their sales and specifications data translated into the Many languages required. Italy s rapid Industrial expansion in the Milan Turin area is. Believed to provide a major Market for Canadian electronics and other sophisticated Industrial equipment. One of the major difficulties Here As in other Fields is for Canadian manufacturers to know what markets there Are for those requiring new devices to know what is Avail Able in Canada. Canadian Trade commission Empire Sheet Metal Mac. Co. Ltd. 725 Madison St. Specialist in shut Metal fabricating ers make it a major part of their jobs to try to Bridge this. It May be necessary to hire professional Market consult ants locally in the most promising areas to ensure More Complete and current information on Market Poten tial is available. Etc Termi by Iancu school buses in Stock new and used Welles Wayne bus sales Ltd. 827 Bird s Hill re. On 59 Highway phone 533-8746 downtown restaurant for sue owner retiring seats 100 Early closing phone 942-1584 business meetings foods Choice location excellent service warm hospitality Marlborough Hole Smith Ellice 942-6411 Albert Stotzki main d a glands limited preferred dividend no. Twenty six notice is hereby Given that the Board of directors has declared the regular dividend of 37v40 per share on the outstand ing preference shares of the com Pany for the Quarter ending the last Day of August 1968, payable on the 31st Day of August 1968 to the shareholders of record thereof at the close of business on the 16th Day of August 1968. By order of the Board. Nathan Starr Secretary of Ackland limited. Toronto Ontario july 26, Barnes Security services Ltd. Announcement m. H. Kelly c. Barnes president Barnes Security services Ltd. Montreal p.q., is pleased to announce the opening of a Branch office at 356 Furby St., Winnipeg to Manitoba. M. H. Kelly has been appointed manager of this Branch office after serving with Barnes in Hamilton Ontario As assistant to the Man Ager and As Branch manager of the Chatham Ontario Branch of fice serving South Western on Ario. Office space for rent . Of prime office space at Portage and main 6 offices plus Board room air conditioned w. To w. Carpets in offices Walnut and mahogany panelling attractive decor. 2nd floor location available on sub let basis. . Plus utilities made to measure for chartered accountants Law office or company Branch office. Early Possession. Phone c. Hollands 947-1667 executive requires 3 . Home to rent in West end St. James Westwood Crestview or River Heights. Mckean Harris realty co. Ltd. Phone 774-2505 evenings 774-6461 artist designer Neon products of Canada Ltd. Requires an experienced artist designer capable of designing and sketching illuminated signs and building exterior modifications. Salary commensurate with abilities. All replies confidential. For personal interview Telephone 452-3140 j. A. Bracken Neon products of Canada Ltd. . Drinnan . Miller Hugh a. Benham Bruce s. Thompson Stanley Brock limited announces executive changes and elections to the Board of directors made at its recent annual meeting As follows . Drinnan retiring president and general manager after 39 years of service with the company will continue As chair Man of the Board of directors. . Miller formerly vice president and assistant general manager is appointed president and general manager. Hugh a. Benham executive director the Winnipeg foun Dation and Bruce s. Thompson1, partner Thompson Dilts company barristers and solicitors Are elected to the Board of directors ;