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12 THE OSHAWA TIMES, Tuesday, November 17, 1959 TODAY'S TORONTO, MONTREAL STOCKS TORONTO By The Canadian Press Toronto Sfock Exchange--Nov. Sales High Low 11 a.m, Ch'ge 365 365 365 17 (Quotations in cents unless marked §. 0d xd ~ Ex-dividend, rights, xw--Ex-warranis.) INDUSTRIALS xr--Ex- Net Stock Sales High Low 11 a.m. Ch'ge $37% 37% STW $93 9 9 26% C Collieries Cdn Oil CPR Cdn Pet pr Cockshutt Col Cell 15% $27% 27% $1683¢ 168% $19% 19% $7 25% 475 $10% $15% $103 103 $53 53 $64% 64 $35 34% $37% 37% $41% 41% Fo.d xd G Deve G Mackay B G L Power G« Coal A Gr Wpg vt Hard Carpet Hardee pr Hur Erie Imp Bank Imp Oil Ind Accep I Ac 225 pr 1 Ac wis Inglis Inland C pr Inland Gas Inland Gas p Inind G wis Inter PL Intp Stl Jefferson Jockey C Kelly ts Kelvinatc Lakeland LobCo A LobCo B LobCo pr Mass-F McCabe Mid-West Molson pr Mont Loco Moore Nat Drug North Star Nor Phone Ont Loan Page-Hers Pembina Powell R Pow Corp P Pipe Mig Premium Q N Gas Rapid-Grip Roe AV C Royal Bank Salada-§ Shawin Sicks Simpsons Slater Southam Spartan St Pav new Stedman Steel Can Suptest ord 7s 10% 15% 825% $28 $4244 $11% $32 32 180 180 $394 39% $18% 18% $40% 40% $15% 15% $403 40% 00 300 25% 2 2% 11% Pp 15% 16 7 ® 78% 78% 15 ---% +1 Anchor Asamera Basco Britalta Cal Ed C Oil Lds CS Pete FEEFFF C West Pete 300 355 Cree wis 58 300 Dev-Pal 2462 Duvex 1500 Dynamic 600 Gr Plains 100 Home Oil A 1135 HBOIG 125 LI Pete 5000 Majtrans 6000 Medal 1125 Midcon 6000 Mill City N Concord Provo Gas Ranger Sapphire Secur Free South U Trans Can Triad Of Un Oils Wayne Wsburne Curb Dalhousie Acad Uran Akaitcho Algom Amal Rare Ang Rouyn A Arcadia Atl C Cop Aumague Aunor Bankfield Barnat 600 Base Metals Baska 1500 Bicroft Baordulac Bouzan Boymar Bralorne 500 9500 100 6000 2000 500 % +h Chib Cdn Astoria 1 C Malart C N Inca Can Erin Can Met Cariboo 1500 2000 7284 3000 Cassiar Cent Pat Net Net Stock Sales High Low 11 a.m. Ch'ge Sun 115% 11% -- % 156 102° 102 Net Stock Sales Higa Low 11 a.m. Ch'ge -10 8% 58 C Callinan C Denison C Dne wis C Discvry C Halliwell Con M and 8 1135 C Mogul 1440 Con Negus 3000 Con Nichol 1000 1922 36 24% -- % 1 17 --% 185 240 --% gslsseg S a § gsEsEiiy E-] Sales to 11 am.: MONTREAL By The Canadian Press Stock Ni (Quotations in cents unless marked $. s--0dd lot, xd Ex-dividend, xr--Ex- rights, xw--Ex-warrants.) INDUSTRIALS 11:30 Net Sales High Low s.m. Ch'ge 25 $37% 37% 31% 28 2 "3 368 § 75 $42% 2% $48% 48% $31% 31% $28 2 $52 854% $70% $40% $32 S44 $34% n Geco Mines Gaitwin Genex Glenn Uran Gid Eagle Granduc Greyhk Gunnar Hard Rock H of Lakes Heath Hollinger Hoyle Hnd Bay Ind Lake Int Moly Int Nickel Irish Cop Iso Jacobus Joburke Jowsey Kerr Add Kilembe L Wasa Leitch Lorado Lorado Lorado wis Louvict Lynx Madsen Malartic Maritime Martin McIntyre McMar Mentor Meta Uran Milliken Min Corp Moneta Mt. Wright New Ath N Goldvue Stock Abitibi Alumin Alum 2 pr Ang Tel 290 p Argus Asbestos Banque CN Bank Mont Bank NS Bell Phone BA Oil BCE 5 pr BC Power Brown Build Prod Can Cem Can Cem pr Can Iron Can Iron 4% p 10 C Av Elect z50 C Bank Com 75 C Brew 265 C Br Alum C Hydro Car 500 9500 100 250 200 100 500 125 300 52 54% 70 40% 3. 4% u% 9% 29% 32% 25% 2% 8. 18% 58 175 3300 500 $9% $29% $32% $25% 250 S24 $82 $18% $58 $34 $13% $10% $15% $45 $234 $24 1115 CL C Int Pwr p C oil CPR C Pet pr Colombia Cockshutt Con M and 8 Dis. Seag D ulass pr D ..wres D Tar Ford US Fndation Fraser Fr Pete pr Frosst A Home Oil A Horne Pitfd N Mylama New Rouyn Nickel MS Ni i +11 FFFEEE Ind Accep Ind Ac .25 pr 25 Inland C pr 6000 Int Nickel Int Ubl N Coldstrm N Rank Obaska O'Leary Opemiska Orchan Ormsby Pardee Patino M Pato Paymast Pitch-Ore Placer Preston Pronto Que Ascot Que Cop Q Metal Quemont Radiore Rayrock Rexspar Rix Athab Rockwin San Ant Sherritt Siscoe Slocan VR Stdcona FEEFF EES I++111110 MacMill B Mass Fer 1345 Mitch Rob A 100 Page Hers Penmans Price Br Steinbg A Tr Can Pipe 215 $25 15 15 3 Hh 9% Hh --W Walk G W 150 3% $75 MILLION Steel Mill On Prairies By RICHARD J. GWYN | OTTAWA (Special) -- Canada's fifth fully - integrated steel mak-| STOCK MARKET NET EARNINGS By THE CANADIAN PRESS year ended May 31: 1950, $687,-| 693, 60 cents a share. 1958, $403,- and trained while young, can rivallby TCA since Canadian Pacific 005, 40 cents a share. |3 mos. ended Sept. 30; 1959, $20) FARE CUTS IMPOSSIBLE |252,406, $1.53 a share; 1958, $17,-| WINNIPEG (CP)--Trans-Can- 750,384, $1.34. 9 mos. ended Sept. i i i | (ada Air Li resident G. R. 130: 1950, $60,422,244, $4.58 a share |. 1 oTes Pre 1958, $48,000,164, $3.63. McGregor said Monday that fare -- | reductions planned for the begin- TALKING BIRDS ning of 1960 have been made im- The common starling, if ible b of r lost Buffalo Gold Dredging Ltd.,| ht |such talking birds as parrots and|Airlines started its trans - con- International Paper Company, mynas. tinental service last May, ada's most promising Industrial development. | Iron ore production for 1959 will! ing industry may bloom on the|likely hit 20 million tons, a record | level prairies of Saskatchewan. | This possibility emerges from| the announcement that Pacific Midwest plan to spend $75 million developing an iron ore mine at Choiceland, 40 miles from Prince Albert. | Most probable, the only, market for Choiceland ore will be Interprovincial Steel in Regina which in turn owns pipe mills in Regina and Calgary. Inter - provincial president J. W. Sharp outlined earlier this year plans to create a fully-integrated steel manufacturng operation and a financial tie-up with Pacific Midwest would achieve this. Full integration means that one company and its subsidiaries own the iron ore mine, the pig iron blast furnaces and the steel mill. Currently there are four fully- integrated steel companies in Canada, two in Hamilton, Ont., Algoma at Saulte Ste. Marie, Ont., and DOSCO at Bell Island, Nfld., and Sidney, N.S. CANADA-WIDE The Saskatchewan operations are part of a pattern that is de- veloping right across the coun- In the fantastically rich iron ore deposits in Quebec-Labrador ore is now being sent to the U.S. and Canada with more ambitious plans to ship it to Germany. The Ontario' government is moving slowly to develop Moo- sonee as a full-scale port on James Bay to ship iron ore from the Belcher Islands and Great Whale River. Most experts see this happening within 10 years but not much sooner. At the Lakehead Step Rock fron or mines, owned by Cyrus Eaton, have optioned sites in Port Arthur and Fort William to con- struct a mill to turn out pig and other forms of iron for the Ameri- can market, Officials of Mines and Technical Surveys here say reports from Mexico, where an original process using natural gas instead of coke or electricity is being tried out, are "most promising." The experts here ex- pect to see developments at the Lakehead very shortly, In Alber ta, French and British interests are considering setting up a fully- integrated steel making operation using Montana iron ore. UP AND UP These developments, and many after a poor year last year but a good one in 1957. Official fore- casts place output in 1965, only| six years away at 55 million] tons, a jump of 150 per cent. I Currently only 1.8 million tons | of our iron ore is being used in in fact almost | Canadian mills and foundaries, | By 1965, this is expected to in-| crease to 5 million tons. | SECOND INDUSTRY Iron is perhaps second only to | oil and natural gas in the num- | ber and value of secondary in- dustries that it can create. Whole cities such as Hamilton and Sault Ste. Marie have been built upon | it. | Development of steel industries | in Canada will lessen our depend-| ence on the United States, the| value of which has been shown up by the U.S. steel strike which forced the closing of the GM plant at Oshawa and threatened many Canadian industries. Iron ore, though it is a weak cousin when compared in value to gold, silver, nickel, lead or zine, has proved invaluable in| opening up the northlands. Seven! Islands on Quebec's forbidding north shore, Moosonee and now, Choiceland would be les of this. { Development of iron ore also falls neatly into line with two of {the Conservative government's {most cherished aims: develop- {ment of the economy on a {national basis (diversifying the] prairie economy and bringing civilization to the wilds of Que- bec and Labrador) and develop- ment of secondary industry to move Canada away from the| dangerous position of being sole-| ly a hewer of wood and drawer) of water, or more accurately aj nation which digs minerals out of | the ground and sells: them) abroad. | 3 Crew Members Of Dredge Rescued HAMILTON (CP)--Three crew members of a dredge grounded off Burlington Beach were res- cued Monday after spending Sun-| day night stranded on stormy {Lake Ontario. | The A. L. Quinlan, a big dipper | |dredge, was part of a convoy en {route from Lakeview to Hamilton [to begin dredging. Two hours after taken off, the crew was the dredge was re- others such as shipments of B.C.|floated and continued on to the ore to Japan, are part of the pic- Steel Company of Canada dock. | ture which is making iron ore,/Foreman Robert Mackie stayed that unglamorous mineral, Can-on board. [| HOLODY ALUMINUM ANNIVERSARY SALE 1 Week Only DOOR AWNINGS INSTALLED UP TO 40" WIDE 3 \ 2 Stripes or solid colors Ridged or flared ends Heavy angle construction Ventilated louvres Custom for patios, verandas Windows and carports sky-light | at extro cost Self-Storing Windows al: 2095 0.95 SIDINGS All Windows Caulked Before installation Any Size Double Hung Window Rush Deliveries Self-Storing Guaranteed Installation STONE-TEX INSULATED No Drafts No Painting Required Saves up to 40% on Fuel Consump- tion Street Noises Cut to a Minimum Low, Low Upkeep Beautifies Your * Home P ® Home Value is Increased New Homes made from Old Houses Adds Structural Strength Increases Property Value Hos the Beouty of Stone Practical Economical Beautiful . SELF-STORING DOORS Canada's fastest selling, top qua'ity ALUMINUM DOOR-- 45 00 1 Reg. 59.95 NO MONEY DOWN EASY TERMS HOLODY SALES s2: 30 GRENFELL ST. 2 Streets East of the Shopping Centre Pl Later the Czirachys drove tol Ottawa with their chippings. They stopped en route southwest of Bancroft and walked their counter down a bush road. ; It nearly buzzed itself out of its box. So the couple chipped some| more samples to show to federal | mines department officials. ! But at Ottawa, the samples) were dismissed as "pocket jew- elry and unimportans," said Mrs.| Czirachy. | The "jewelry", though, led later to other prospectors finding| Canada's second largest uranium # strike -- in the Bancroft area. Now three producing mines there| hold, combined federal govern- ment purchase contracts, until| 1962, for $120,000,000 worth of! uranium concentrates. | Another fortune eluded the) Hungarian couple a .few miles from their farm, A defunct uranium property, closed by! maladminstration, qualified for a letter of intent from the govern- ment to buy $28,000,000 worth of concentrates. Its ore body out- crops as far south as-the farm. Mrs. Czirachy, daughter of the P4late Count Imre Andressy, and her husband received their Cana- dian citizenship in 1954. In Eu- rope they ran the gamut of the be Second World War, invasion, attles, flight, International Red Cross camps, the disappearance of relatives and friends. Thev came to Canada in 1948 to begin a new life and now, de-| pite pleas from many friends to| move to the city and hold down| salaried jobs, they prefer to pack| 2% a hammer in the knapsack, pile' into a jeep and go prospecting. Over a lonely campfire in the bush they dream that some day |they will strike it rich. | MARIE CZIRACHY Count's Daughter 'Mine Prospector Hydro Appoints | | New Manager TORONTO (CP) Appoint-| ment of Joseph M. Hambley, 54, | as general manager of the On- tario Hydro-Electric Power Com- mission, was announced Monday BOBCAYGEON, Ont. (CP)--|and-bush farm near this villageby James M. Duncan, Hydro Marie Czirachy, 38 - year - old!25 miles northwest of Peterbor-| chairman. |daughter of a Hungarian count, ough with their sons, Joe, 16, and] Mr. Hambley, a native of Cop- is still an enthusiastic mining Peter, 6. |per Cliff, has been with Ontario prospector despite being side- Hydro since 1930. He re ; 3 i places A. [tracked from a rich prospect MADE DECISION W. Manby who will retire Jan. 1. {when she first took up the pur-| In 1949, when a prospecting | {covering every region Ex-Governor-Gen. Chairs Project TORONTO (CP) Vincent Massey, former governor - gen- eral of Canada, has to become chairman of the council organizing the Duke of Edin- burgh's second Commonwealth study conference, it was an- nounced Monday. The conference, to be held in Canada in 1962, will include dis- cussions on the human conse- quences of the changing indust- rial environment and uy tours of Canada. The first conference was held in Oxford, England, in 1956. Special money-saving automobile insurance categories with the For more information, call your Acadia Agent today! W. B. WHITE Insurance Limited 110 King Street East RA 5-3579 suit a decade ago. rush for uranium swept Canada, | The mother of two, who rolis|/they found themselves down to her own cigarets, continues to|their last $250 on the farm. |search Canadian rocks with her Would they buy a cow for their husband, Paul, and uses a dia-|pastures or a geiger counter to search their rocks? mond drill in search of ursniim, | molybdenum, gold and base met-| Mrs. Czirachy, an economics |al igraduate of the Universitr of The couple, both Hungarian- Budapest, decided on the geiger. born, own a private exploration| Within hours of its arrival, she] company which has molybdenum | was listening to the tell-tale buzz- holdings at nearby Norland, aling from wuranium-bearing dikes gold property in Colchester underfoot on Noggies Creek. She County, N.S., and other small traced them to a high - grade showings showing at the north end of the That's the frightenin nerve 100,000 Canadians may be going blind. glaucoma -- the insidious destroyer of the optic Read of the war on this cruel disease in this week's Star Weekly. g truth revealed by experts on They live on a 500-acre rock-ifarm and took some samples. | New Formula Esso Furnace Oll --a top-quality clean-burning fuel--free from heat-robbing deposits--made to rigid standards' of uniformity and purity. Weather Controlled Delivery-- automatic metered delivery to ensure a safe level of oil in your tank at all times. 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