\ a Ae ‘ Wi - partly Water cascades skyward when a one-ton charge of dy- namite blasts a four - foot trench through a coral reef for an undersea cable, The trench off the Oahu Island in the ‘DYNAMITE BLASTS CABLE TRENCH Hawaiian chain will shelter a section of the 8,700-mile Com- monwealth Pacific Cable be- tween Vancouver and Austra- lia. The cable, expected to go _into service in December, will. Jand here on Keawala beach, at the terminal station of Cana- dian Overseas Telecommunica-~ tion Corporation. —CP photo. Stock price during next MONTREAL (@) -—— A_ special indicator published by the Mont- real and Canadian stock ex- changes shows Canadian stock prices are likely to steadily in the next two months. The indicator is called the Montreal Stock Price Trend In- dicator, and it forecasts the movement of prices three to six weeks from the present. Its designer, Dleap S. Hall, 33-year-old statistics and re~- search director for the exchan- ges, says its accuracy has been “80 per cent at the least” over the last two years. After hitting a temporary high of 50.5 in the first week of May, the indicator has been falling steadily, hitting 43.1 in its latest computation Friday. Meanwhile the exchanges’ 85-stock compo- site. index has been relatively than two per cent during the six weeks. The indicator readings, such as 43.1, are actually percentages. 4 Prince Rupert Daily News Thursday, June 27, : 1963 New pulp mill helps offset ECM blows VANCOUVER () ~—- The Reed Paper Group of Britain hopes a new pulp mill at Prince George will help offset the ad- verse effects of Britain’s failure to enter the European Common Market. Reed Paper’s annual report said the firm, which has large interests in Canada, wanted Britain to join the common market and was disappointed when negotiations broke down. Lord Cornwallis, Reed chair- man, said the Prince George mill is tied in with the probable clo- sure,of two pulp mills in Britain, because of acceleration of tariff cuts by the European Free Trade Association. Lord Cornwallis said it appears production of certain grades of paper, particularly sack kraft, will become uneco- nomic. in the U.K. in two to three years. “The project in B.C., earlier foreseen as a possibility over the longer term, has now become an immediate necessity to safe- guard the source of raw material supplies for our converting op- erations in the U.K.,” he said. “We consider this move into B.C. to be very sound strategic- ally, but for the near future and also for greater ultimate devel- opment.” RADIO CFPR 1240 Kilocveles Thursday now P.M. 7:00—CBC News, Roundup: Speaking Personally 7:30—Assignment 8:00—Radio International 8:30—Soundings 9:00—-Continenta] Holiday 10:00—News 10:15-—-Talk 10:30—Christian Frontiers 11:00—Thursday Concert, 11:57-—CBC News bone oo Peidiay, AM. :00—News & Voice Reports :10—First Cal! to Breakfast :32—Repional Weather :40-——Fishermen’s Broadcast :00--News & Weather :07--Second Call to Breakfast :25—Boh Goulet :30-—News :34—Volce Reports :39-—-Short Call to Breakfast :45—Morning Devotions '55--Interlude 8:00—CBC News & Weather §:10--BiI] Good Sports 8:15--Last Call to Breakfast 8:27-—-Nows 8:30—Preview Commentary 8:35—Max Ferguson Show 9:00--CBC News; Volce Reports O:10--Tnterlude 9:15—The Archers 0:30—Talke It Masy 10:00--19.0,0.T, Stenal 10:00-—Morning Visit 10:10--For Consumers 10:16- Court of Opinion 10:48-~Playraom 11:00+-Showtime 11:65—-Austin Willls PM. 12::00---Chuek Waron J2:10-—Interlude 12:16--CBC News 12:25--Sports Soundings 12:30—13.C. Farm Broadenst 12:65—-Interlude cr ee Jags SHON OD j3215 DIAL 3215 FOR THE BEST CHINESE FOOD TRY THE GRAND CAFE PRESIT BREAD DAILY Ruy your Show Tickets Anytime MLA for Cariboo Social Credit member legislature for Cariboo, was .re- ported in good conditien in hos- ‘ec VICTORIA () — Bill Speare, | pital i , of the,Speare was admitted to hospital:which were Hast Friday with a bleeding ul- changed. -The resulting total is in good condition Wednesday night. er. The basie calculation involves adding the. total number stocks advancing in one day to Mr.:one-half the number of issues traded but .un- decline of! slide seen © two months of the total number of issues traded that day. Each week an average for the five days is made, and this fig- ure is then averaged out with the figures from the four pre- vious weeks. This is done to put the movement within the five- week scope and produce less er- ratic fluctuations, Hall says. The key reading is 50 per cent. ‘When the idicator is above 50 per cent and rising steadily, this } foreshadows a climb in stock prices within three to six weeks. | When the indicator is below 50 ‘per cent and falling steadily, as it is now, a decline is indicated. ‘Widow’s death still mystery PRINCE GEORGE ‘()—A cor- 4 constant, showing a loss of less oner’s jury has failed to reach _a verdict on the cause of death lof a 25-year-old widow whose nude body was found May 30 on ig bed near where her 10-month- ‘old child lay crying. The jury of three men and three women was inquiring “Tuesday night into the death. of Joan Hartman whose husband “Ray, 31, died in a plane crash in ‘then expressed as a percentage February, )-- KELOWNA © — Lieutenant- I nal .I7 : © ® se STILL WEDNESDAY CLOSE. OF? To CAMBRIDGE , KAMLOOPS~ () -—: Kartiloops'|:; LONDON. (Dr. Robert Dear Governor J. Percy Page of Al-/couyicil has decided’ to ‘quash'lof the University of Western’ On- berta will be commodore at the plans to present a. new store|tario’s’ chemistry department: is. 57th. annual Kelowna Regatta|closing bylaw: Stores ‘here :are|.comingto Cambridge University: July 31-Aug, 3. closed Wednesday: afternoons. {on a ‘post-doctoral fellowship: we PAGE COMMODORE ‘ BREWED FOR MEN WITHA THIRST FOR PLEASURE | CARLIN( FREE HOME DELIVERY PHONE: 4 4032 Oo - ‘ THE CARLING BREWERIES (8.C.). LIMITED This advertisement is not published or displayed by the Liquor Controf Board or by: the Government: of’ British Columbia. 104 Choices — 3 You'll get the one you want from Frigidaire Only Frigidaire offers such a wide selection—all sizes, all price ranges, all types, and many colours. Choose the refrigerator, the refrigerator-freezer or the Frost-Proof that’s just right for your home. TW hbdesdsridede J yeti WV added duddsdeddede 4 Frost-Proof models No defrosting. 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