Ontario Community Newspapers

The Oshawa Times, 2 Dec 1959, p. 12

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5 _ 2 THE OSHAWA TIMES, Wednesday, December 2, 1959 -_-- ¥ High $17% $28% 87 $17% $53 320 130 $14% Stock Sales Nor Star A 125 Ri atta bd Neb Sales High Low 11 a.m. Ch'ge 22% 2% + % Th 29% 8% -- 2h HE TY EER | + : Jagereztoyyy oY ++ FE FEF $F Le! $11% $32% $84 §! 28 $19% 270 $75 $17% $33 West C Brew z5 Weston 4% pr 50 Wood J A 5 Woodwd A 400 Zenith 100 Curb Ang Nfld 100 CD Sug 2146 CG Inv 50 C Marconi 160 C Paper xd 225 Dupcnt 221 Int Pap 25 util 100 CETETLI EW € Pack B Can Perm csL C Bank Com Cdn Brew Cdn Can A Cdn Celan C Collleries 400 C Colll pr 900 C Fairbks A CPR $24 Circ Bar A 450 450 4 Cockshutt $19% 19% Col Cell 425 425 4 Comb Ent Con Gas xd Con Gas rts Corby vt Crain RL- Dist Seag D Fndry Dom Stores Acme Gas Alminex Am Leduc C Oil Lds C Chieftn C Husky wis 200 Cent Del 500 C Allenbee 1000 C Mic Mac 210 C West Pete 300 Cree wis 58 Dome Pete Dynamic Eastwd A Fargo 300 Home Oil B. 500 Gatineau GP Drill GP Drill A GN Gas N Gas wt Mill City N Cont NC oils Imp Oil xd Pac Pete Imp Tob Ind Accep 1 Ac wis Inland Gas Inind G wis Int Pete Inter PL Inv Syn A Permo pr Petrol Ponder Provo Gas Sarcee South U Triad Ol U Canso vt Un Oils Wsburne W Naco 56% + % 31 210 27% + % 250 +5 28% + % 24% -- % 25 37% --~ % 5% 13% 11% 103% + % 200 --8 Bn +H 1 0% -- % 15% + % 15 26% 12 21% -- % Abacus Acad Uran Agnico Akaitcho Alba Expl Algom Amal Rare Am Nephe Anglo Hur Ansil A Arcadia North Star 300 Low a.m 83 % 78% 0 11:30 Net High Low a.m. Ch'ge 9 + WH 140 16 7 11:30 'Net .m, Ch'geé 17% 17% + % 28% 3% + % 7 17% 17% +% 58 53 Sales 1000 600 2500 Stock Aumacho Barnat Base Metals Belcher Bouzan Bralorne Bu:iad Cable +1 +2 +% +15 320 320 130 130 45 % 14% -3 +h +1 +% TODAY'S TORONTO, MONTREAL STOCK 11:30 Net + J A - Sales fo 11 a.m. 472,000. 31 25 Vie SS 385 n2% 84 385 170 173 12 12 18% 18% 11% 32% 84 MONTREAL By The Canadian Press Stock Ds 2 19 270 127 127 77 $9% 20% 29% 61 64 64 19 = 210. --10 7% -- ¥% 17% 33 6 7% 17% 33 6 Stock Abitibi Algoma Alumin Alum 1 pr Argus Bank Mont Bank NS Banque PC Bell r Add BA Vv a do 0 wis Ihst C Cel C Ch CIL C Oi CPR 02201 pe pe C Vickers Colombia (Quotations in cents unless marked §. 2--0dd lot, xd -- Ex-dividend, zr--Ez rights, sw = Ex-w arrants.) INDUSTRIALS 11:30 Net High Low AM. Ch'ge $39% 39% 39% 3% 3% 29% 19% 31% Sales 165 555 635 z15 2! 452 $5 100 23 Phone 1250 Brazil oil BC Power Cal Pow Can Cem Can Cem pr Can Iron CSL 80 C Bank Com. 75 C Brew Cel 405 220 220 em Cell 200 C Fairbks A 275 C Fairbks B 100 500 C Int Pwr pr z10 1 275 570 100 Cickshutt Enam Prd A Fraser ¥r Pele pr Gat.neau Interp PL Jamaica Jamaica pr L Woods pr Lewis Bros Loeb M Mass Mass Nat §tl Car Niag Wire Fer 790 $11% 11% 11% + 3% F 5% p 25 $103); 103% 103% + % 220 $14% 14% 14% z100 $12 12 Group Urges Rir Control HAMILTON (CP) -- The Ham- fiton-Brantford branch of the Ca- Manufacturers' Associa- tion wants city council to join with it in asking Premier Frost to set up an Ontario air control co! n. Tax Funds Urged For Student Aid TORONTO (CP) -- A public opinion survey carried out in 2 Ontario Farmers A - : Receive Cheques control air pollution, The brief, to he presented. to| TORONTO (CP) -- Cheques [city Ai Doe hes nted: to totalling $579,000 are being three-year study cos and released Tues y Le suggested wider legislation mailed to 25,945 Ontario Farm- ers, the Ontario Wheat Produc- ers' Marketing Board announced Tuesday. They represent the unused por- tion of a nine-cent-a-bushel levy collected on Ontario wheat .The |the problem of air p (industrial areas will | creasingly se 5 wit - sponsibility for air control on in- dividual municipalities but that {ment of indust nira-|area control would be better be- tion of population. s pres-cause many sources of pollution lent legislation places most re-lare outside municipalities. unused portion came to 4.774 cents but the board decided to make it an even five cents by using $28,000 from the reserve collected as licence fees. The board reported exports of BUSINESS SPOTLIGHT BAY d'ESPOIR, Nfld. (CP)-- This south coast community is the heart of an area in which economic assayers find great po- tential. But developments, if any, are in the future. It has been tagged as a region with great potential as a port and industrial region, Premier Smallwood and others have endorsed the idea of a third Newfoundland paper mill here, The British Newfoundland Cor- poration has had the area sur- veyed as a likely prospect for the Moderate Trading On Market TORONTO (CP) -- The stock market, after hovering around lower levels all day, climbed back up Tuesday amid moder- ately heavy trading. 2,197,000. Best was industrial winner which jumped a whopping over. General Dynamics had a at 19%. Mines were quiet with only a few of the lower-priced issues doing any active trading. Changes were small. Interna- tional Nickel won 5% at 99%. Senior uraniums were mixed to lower. Algom went up % at 11%. Western oils were relatively in- active but Calgary and Edmon- ton led senior issues with a gain of % at 21. Index changes: Industrials up 51 at 516.45; golds up .17 at 85.46; base metals up .04 at 165.74; and western oils off .51 at 99.57. STOCK MARKET NET EARNINGS By THE CANADIAN PRESS Anglo Canadian Telephone Company, 9 mos, ended Sept. 30: 1950, $1,513,472; 1958, $1,331,548. 12 mos. ended Sept. 30; 1959, $1,- 896,434; 1958, $1,798,303. British Columbia Sugar Refin- ing Co. Ltd. year ended Sept. 80: 1959, $1,689,335, $2.11 a share; 1958, $2,119,962, $2.65. Canadian Malartic Gold Mines Ltd., 9 mos. ended Sept. 30: 1959, $67,685, two cents a share; 1938, $207,915, 5% cents a share. Distillers Corporation-Seagram Ltd., 3 mos. ended Oct. 31: 1959, $10,784,000 (U. S.); 1958, $9,981,000 (U. 8.) 3,253,005 bushels of wheat, 134, 797 as flour and 305,565 as seed, for the 1958 crop year. Metropolitan Toronto overwhelm- Nfld. Area Has Potential development of hydro power. Back in 1957 the now-defunct Newfoundland South Coast Com- mission called it the most likely place for industrial development in Newfoundland. With interests at the time along Premier Small- wood's line of thinking, the com- mission estimated the area could produce between 35,000 and 40,000 cords of wood annually for 20 years. ICE-FREE HARBOR The bay is ice-free the year round. This, on many occasions, has brought suggestions for a harbor development that could make the village a major ship- ping port. Situated between St. John's and Port aux Basques the bay is located mear world ship- ping lanes, GMAC MANAGER Volume was 1,895,000 shares, ; down from Monday's turnover of Anglo Canadian Pulp and Pape ; B5% | points at 49% on a small turn- | two-point gain at 49. Cockshutt : was the biggest loser, falling % | | | | Williom B. Legate |General Motors Acceptance Corp- oration of Canada, Limited has ap- pointed William B, Legote mana- ger of the GMAC branch office in Oshawa, Ont, it was announced today. He has been associated with GMAC since 1951 when he joined the Toronto branch. In 1954 he became credit supervisor ond 2 years later branch manager of the Toronto Uptown branch, As for accessibility, from the Fails, about 75 miles to the north. interior and other sections of the Zagsestion of the Shih province, there's just one means®? al present--a woods road builtPlant for metals produced in New- owned by Bowater's Pulpfoundland. and Paper Mills Limited of Cor- Besides a base metal mine at ner Brook. But the provincial Buchans, producing copper government has theand zinc concentrates, are building of a road from 'thetwo copper mines on the Burling. Trans-Canada Highway at Grandton Peninsula. a8688888888888E «vu 0 BEBIBEBIBEBEBEBEBEBEBEEEE 'Birks Feature Value CARVING SET set in a case OSHAWA SHOPPING CENTRE 28886888 88880B0888880888588808889898583888 JEWELLERS 6888888888888 8B8B888883088888838B8B8B839B88888368888388888383888B8888888888888B838888 OSHAWA (edad ad] [a CENTRE ingly supports the use of tax funds in financial aid for uni- versity first-class honor students. Nearly 85 per cent of the answers said tax funds should be used to guarantee the students an opportunity for higher educa- tion regardless of personal fi- pances. Nearly 81 per cent of University of Toronto alumni polled also favored similar use of public funds. The questions were included in a survey commissioned a few months ago by the university's national fund committee to help plan its financial appeal. Results are published in an article in the December issue of the Varsity Graduate, a quarterly magazine published by the university. In other answers, 70 per cent of those polled felt second-class honor students should also be assisted from public funds and 61 per cent of the alumni agreed. About 33 per. cent of the total and 15 per cent of the alumni felt all students should be as- sisted. Last year, a special university committee headed by vice-presi- dent Dr. Murray Ross recom- mended financial aid to Ontario students with first - class honor and second-class honor standings. Welfare Minister Bnnounces Grants TORONTO (CP)--Government grants of $814761 under the homes for the Aged and Charit- able Institutions Acts were an- nounced Tuesday might by Wel- fare Minister Cecile of Ontario. They include a progress pay- ment of $240,460 on construction of a new home for the aged at Peterborough; a grant of $46,917 for building of an extension to Sunset Haven, Welland; and $21,- 134 for an extension to Pioneer Manor, Sudbury. Sunset Lodge, Orillia, received $6,250 following completion of an] addition to the building. ! 'Food Price Spread Report Stirs Action OTTAWA (CP) -- Various gov- ernment departments likely will begin study soon of recommenda- tions of the royal commission on the price spreads of food prod- ucts. Prime Minister Diefenbaker said Tuesday he does not want to Open All Day Wednesdays Until Christmas vanes JOT HER Luxuriously styled to flatter all women, these gifts are long remembered-- reflecting your affection and discriminating taste. See these wonderful values at your Better Shoe Guild Stores. "Goods Satisfactory or Money Refunded" Store Hours This Week OPEN THURSDAY AND FRI UNTIL 9 P.M. DAY t on the ion's re- port, made public Monday. "Whatever the findings of a royal commission may be, they are purely recommcndations and as such must receive the fullest consideration," he told reporters. He said no consideration has _been given to the question of put- ting the recommendations into ef- ect, Oshatta Downtown BUSINESSMENS ASSOCIATION 1 KING ST. y Dancey's 18 SIMCOE ST. S. DIAL RA 5-1833 Burns EST DIAL RA 5-4611 32 Davidson's SIMCOE ST. N. DIAL RA 5-3312 Shoe Wing wh * \) A The Better Guild st downtown Gshawa CENTRE STORES OPEN TOMORROW EVENING UNTIL 9:00 P.M. CLOSED THIS EVENING AT 6:00 P.M. VISIT WITH SANTA CLAUS FREE CANDY CANES ARVAAARAAARAANARARANARRVAAAREEEENY PARTY DRESSES REDUCED TO CLEAR 19.95 TO 29.95 FOR DAD AND SON TRAY TABLE SET 4-piece, queen-size set. Tole rose on white tray. Flor entine brass legs, Easily folded for quick storage. Tubular steel frame electrically welded. Fitted with 4 quick lock plastic clips. Reg. 11.95.... a _-- "AERO" TOBOGGAN The youngsters will enjoy hours of healthy fun with this Aero toboggan. Made of best quality hardwood with varnished finish, 5' long to seat 4. 6.96 Reg. 7.79 ..cvseesnesesencseccccannans SWAN'S HARDWARE

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