Ontario Community Newspapers

The Oshawa Times, 19 Mar 1960, p. 8

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12 THE OSHAWA TIMES, Seturdey, March 19, 1960 : BUSINESS SPOTLIGHT Easier Money Weekly Summary Of Stock Market Activity | Rumors On Gas [Lifts Market [] Research Prm---- cee This WK mare J. H, Crang and Ce. TORONTO WEEKLY STOCK QUOTES ek fs rh mp no 1960 stock Berm vals Week Change High Low Stock Sales High Low hye Change High oh Boost For Oils : A trend fo easier Tale fed dian P A by 383 to 313 on Kelvinator 100 $7% 7% TH + % Ponder 700 17 u both Canada and the the Toronto Stock Exchange this week. Issues un- L to N Prairie Oil 1800 200 > 450 2% By GREG MacDONALD paper stocks showed gains, while States, ict To A was 8,374,000, down from the : 280 ge nun 8 9 ii i 8 Canadian Press Staff Writer |only one went down, Two were previous week's 9,510,000. Total sales for the year 5 24 4 5950 1 1 ke Ss 3 Bn Wh + Pd Canadian stock markets closed|unchanged. The five tur it: on natural gas ex- W019i. (Quotations 8 cents wien 10h SIE 50 $47 5 5 higher this week for the first time|ing issues showed gains but all/port policy, brought some upside 25 $28 y 29 875 80 850 this year as investors came away three liquor stocks went down, [activity in both the Toronto and WEER'S MOST ACTIVE TORONTO STOURS > Ch ag HHP. EP. i g. from the sidelines to take advani- Most of the copper stocks ad-|Ne¥ York stock markets Bis 4 $20% By TH Cheatin Pron =i 40 39% 420 + 40 3 ~~ Kilembe 181502 280 --63 age of a spurt in the western oils\yanced with the exception of ok. easing in money rates in Stock Sales High Low Close Change High 1 900 500 U 40 16 14n 13 . il Cw ox --- ea Bn section. hich Won last kilembe, which was hit by a wave p, vi "ino United States and Cane INDUSTRIALS 08 100 100 A rumor, which caught on lastof selling brought about by TU-ada can hardly be read as op- Tr Can PL 6173 $25 21% 2% +1% 26 19% : 2 z2 L to N Friday, that the National Energy|mors a secondary offering. Golds Creatv Tele 47397 $i1% 10 11 : Board would hand down a deci-|were generally higher, as were timistic when one considers that 82 62 5 BA'Ol 3m saiw ow Si a 113 8 tg da Ti a i @ 6 5% @ + 1 sion shortly on the natural gas|yranium issues. diy ne fhe 0.5. has. been 1 MB and PR 16862 $15% 15 15% of TUL S002 SI 2s 0 500 exportatio- hearings conducted in|, toa) of the 24 of the 40 listed|* " wind" : % t last month, shoved west» lean against the wind". From dit 0 mo 3 Fo Ottawa ag ad for the first time| VeStern oils went ahead on mucha high of 4.670 per cent on 13- bis ern oils ahe; activity and gains were good. week U.S. treasury bills in De- in months. olf pri Index ch at Toronto: In- The surge in ne a ®€5| qustrials up 5.19 at 487.02; golds picked up iy iyng be A1t|9P 1.13 at 80.15; base metals up|lowest level since last June A the indust: CE a i he|2.85 at 158.43; and western oils up This reflects a lessening of de- the industrial index closed the ses a 10073. mand for money and bank credit week witha gain of more than| "yygex gang at Montreal: Banks|by businesses and points towards five points. 5 Ket is still at|0:S3 at 53.06; utilities 0.3 at 138.3; jon increasing liquidation of ine However, the market is still at|;yq,sirials 15 at 281.7; ie hea accumulated in the ex- a w= fo Ww C Dragon 175600 Un Olis 148158 141741 93840 g8ulas w S Milt Brick M Cont A y Molson A 97 $227 ¥ A Decalia Hi Molson pr 5 5 3 " ase a Mon Knit pr : 8 86 9 83 W Naco 10150 Willroy 1 6 Mont Loco ' Th 16 Windfall 4500 Orchan Mont Trst 2 X "4 3 Yan Can 27800 4 Moore new $097 $0 i 6° - N Mylama = Rwad Sabiel a low level and the bond remains|y y a4 9339." papers 4.1 at 414.1; |pectation of very active business 265 +8 as one of the biggest deterrents.| nq v j Mactie 0 Ay 1h % A $200,000,000 Government of Can- golds 3.75 at 78.34. in the first quarter, Ajit A ) ia 10% 1 ? » } MacLeod 5 00 ada issue announced Monday was 4 ] . Jo 5% Shei 1 9% Nn Sta 290 §: ! i p : 3 30 40 Madsen £6 i 2h =} readily absorbed and prices con- Tr a d E 18% V S 4 $19 Ya 19% 1g - Magnet 23 Y K N 4 25 u "as io ms" 1 a ry ; A Malartie y= 3 tinued the strong advance ex 3] Xpansion N St wis 57 65 + 175 250 -- 5 6% 64 ; Maneast perienced during the last several a 190 25 180 NO NGas RR Cho 1 Maralgo } weeks, Alls fu 193 Ne row ip 3 1 " Aba Expl 400 5 5 5 glatean PE Another drawback on the mar- ou ht For | J S 1g Cen w 550 550 550 1 NW Util oe F 1. 73 70 BBO ier a ? '2% Martin Ed ket is a lack of intérest by U.S. Ne Alionim 1543 $20 (in a > ee : LR, ; ; i tte Wise dtersoils, Wie By JACK LEFLER loyment dropped by 318,000 te . 3 3 Xirg Ocean Cem $1 1 11 +3 Am Nephe 5 58 58 i 56 aybi > . . i . oymen 0 Alum 1 o os $193 | Co Dh Office Spee § 15 '2 17 13 Anac 315 3 3 $ 0 = Mehr y 19 19 -- brokers felt that the current slidef NEW YORK (AP) -- Broad 5,931,000, Analog 400 $6% 6% 6% + 3 be Gl Data A 156 Bs 2; 1 18 2 ah McMar 500 7 - has about run its course and that/moves to improve the United| Personal income in January was Ang Pup p Parker 305 Mclat 7 3 1 15 investors are once more on theStates' foreign trade highlighted |at a seasonally adjusted rate $388 Ashdown B $1 Phina ; 3 7 4 Merrill : ! 4 lookout for deflated de ts this week.|000,000,000. This was $200,000,000 Ash Temple y 4 TH 7 Fenmans 1 4 15% tian C : 3 y 10 13 Meta Ur : i stocks with - the hope that a President Eisenhower, in a|above the previous January high. Atlas Steel 329 . 2 2 Pow Corp 300 $4814 4n4 47) 4 0g 10 7h ' nd : stretch-out-b oom will present/special message to Congress| The stock market took heart ; P Pipe Mig 20 305 - 5 4 Amada ISHS Shir "3 Mind 6 4 |profit opportunities. urged 'a more virgorous effort by| from favorable developments and ror pio 330 5 i 7 Atlin Ruf 5900 ( Oil refinings had the best week|both government and business to|gained in four out of the five ses Bath Pow B } : bl 1 isn Aumagtio on the Toronto industrial board.|improve our capacity for inter-|sions. Beatty 5 y N qu KT 4 ' Aunque Of the 13 listed stocks, nine ad-|national competition." There were some adverse de 50 33 3 oN Gas vs 1050 298 = 20 Bankeno vanced, three declined and one| He ordered intensification of velopments. Private housing Sel Phine Roe AV Can 5031 5% 5% y Bankfield remained unchanged. Seven of 10/government promotional efforts in|starts last month dipped hop Pod Bowater pr 3 } al Roe AVSH SL via ui Th Barual onl 2 3.8 to pradisate last year's goat to an angus) rate e of 1.1554 Bowat 55 pr | 110 4% 46 5% oyal onl LEK a Bass M 700,000,000 deficit in the bal-|Bad weather disrupt mar- Seem A 70 81 NET EARNINGS ance of payments--the difference|keting pattern for beef cattle and right i Jetween Jn coming in and hogs ad prices, went | up. - going out. olesale costs registered Salada wis 810 30 4 es Belleterre V By THE CANADIAN PRESS | The government also announced their biggest weekly gain of the Selkirk A 7s ? ; Pei N Dicken Auto Electric Service Co. Ltd. it would guarantee American ex-|year. Shonie A pr $3 THE 3 181 9 5% N Harri year ended Dec. 31: $394,538, porters against losses arising| Steel production dipped to 91.1 Sicks 2 2% 2 ier g : 67 § New Hosco $303 a share; 1958, $343,128,/from "political risks" includingper cent of capacity from last Silverwd A 2 1 . Bi SOP Bi To ' y 4 '" Rew Jason $2.67. currency restrictions, confiscation week's 93.1. Automobile output Sopris. 8 A a y No Consolidated Paper Corporation|of property or funds, war and was estimated at 149,000 cars this Ltd., year ended Dee. 31: 1959, civil uprisings. week, a slight gain over the pre- $13,086,774, $2.55 a share; 1958, The labor department reported vious week, as the industry built $12,574,534, $2.45. employment in February rose by|its inventories to 1,000,000 ears Maclaren Power and Paper 500,000 to 64,520,000. The total was for the first time. Sales in the Company, year ended Dec. 31:|a record for the month and 1,800,-|first 10 days of March were found 1959, $2,836,930; 1958, $3,193,365. |000 more than a year ago. Unem-'per cent ahead of last year. SKD Mig 8 2 7 Bouzan 000 65 . 42 Newlund Slater 10 5% 5% --13 i L Boymar 8 6 1 Southam 0 80 Brajcrns 1 P S) a 8 3 ul aii now re wa 7] Russell - Industries, Ltd., year ended Dec. 31: 1959, $1,049,491, $1.39 a share (including 372557 CROSSWORD PUZZLE profit on sale of fixed assets and I NPANES securities); 1958, $305,940, Gad EUR 40 cents (including $24,436 on i IO1Y IA IR] fixed assets and securities). Somerville Ltd., year ended 1959, $1,014,018; 1958, -] = = £3 £3 28sonBlizalendslabulan bE a: - = =) Bunker Hill 3500 Burrard A . Stedman | a oe > Steinberg A 3 1 1 able 1503 Cal Pow a : 3 . S Propane 133 13% 138 p 3 Cadamet 3525 S Prop wis 1 5 205 7 Camp Chib 5850 Suptest ord 14% 13 1 Y 7 13 C P RL 1120 Switson 00 320 3 3 Rit Astoria 4000 o > Dyno 10575 Tamblyn 135 $40 38 Majart | 25000 Tancord 730 $5% 5% 3 4 53 C Inca 10043 5 rth, Texaco 1021 $51% 45% S51 +52 1% 45 : Nwest 0 tem ore Thorncliffe 800 $814 8 - 1 Cdn Thor 5 8 6 N Golderst Tor-Dom Bk 3149 $5214 50% : th Cakdore N Rank Tor Elev new 275 $11 11 1 3 y Som Ein Northsp 36% TGen Tr 160 $43 4&2 3 San Met xu Nors A wis . C Bank Com 3554 56 46% Tor Star pr 200 $59 3 Capta 0 7 7 North Can G. Tamblyn Ltd., year ended Cdn Brew 7918 1 1 Fin A 2945 $34% 33% 34% - 374 3 arth 95 8 8% a Norvalie : Dec. 31: 1959, $600,046, $2.05; 1958 C Brew rts 83272 78 7 T Fin 4%. pc 100 $80 80 80 +3 7 a 00 37 7 23 3 Naga! iii 0108 $521,534, $1.77. 19. Corundum 5 $12% 1 1 TFinS5pe 55 $34 34 : 7 3 521,534, $1.77. . T Fin wis 562000 150 140 150 Spit ® 8, Wu Qbaska Ss » Westell Products Ltd. year and pussies . L 4 1 1 rie : : , x T Fin wis 57 25 23 5 7 0B Cory 2 OBR 4 ended Dec. 31: 1959, $600,871, 32. Me 30 O'Leary 3 oo by 3 $1.28; 1958, $607,447, $1.29. Ope Zeller"s Ltd. year ended Jan, 31: 1960, $2,009,117, 32.33 a share; 1959, $1,806,751, $2.24 amour 0) & & y & =? 25; Small closet burned pies, Am 5% Mutual Funds | mea» Patino wits . ho Bid And Asked Ask 588.82. > BoSNBBBILS reg 60 64 4935 320 y 4 y Reco 365 C Fairbks A 1435 A . Univ Cont A fon Jake Sec A 2350 $15 Vanadium 1 p 5 | G Sec B 100 Venez Pw outages & Hydro Car 3460 9% Venez Pw 5 450 5 450 Son aur L $ Viceroy A n Key 5 Viceroy B 5 325 5 C Bellekeno 3000 H = = C Beta G 4166 C Callinan 5 g PETE TEE = = All Cdn Com Fd. Amer. Growth New Ww Shel C Den wis 36215 C Discover 11005 t % Cdn, Investment Fd. 1 135 C Fen U86 2B 24 MU -- . 50 33 West Groc A 3 % 32 : Hs ile g Con Glllies 4500 7 : Canafund Jee pm BB 3 B® CGAmow 3125 29 2 ront 31 2: 1 : Corporate Inv, Weston B 1610 $30. 28% 1 % 2 C Haliwell 52012 . 0 0. =] Group Accum. 19 . , 1 + 3 Con Howey 1760 2 x : or A 0 if oy Wer 4 lig gs > 3 a 20 C Marben 1800 p 27 Invest. Growth 2 3 y ood % ¢ Marcus 19% 60 63 43 ue Cai 5 Investors Mutual Col Cell Woodwd A 935 $17 1 > : ; : C Comb Ent Wdwd A wis 1160 650 : 25 56 Con M8 5031 Siew Imm Jy Mutual Ace. Fd. 7! € Mogul 4640 3 Om Ba » y : Zemin C Morrison 7300 2% 3 -- 30 North American : : A C Mosher 32000 M : Supervised Ex. 1959 Con Gas A 10 1 100 Anglo-Nfid { 6 4 i E " Con Gas B 5 10 ' 780 $2¢ 25 26 Con Negus 8067 2 ! + T.V. Electrics Corby vt 5 [ 1 Con Nichol 5333 5 6 4 United A Fd Corby B 17 Ce 170 $2 % 20% --1 2 C.Northld 13011 Quemont 0 nite cecum, , Cosmos 7 . 3 9y C Persh 3000 915 g Radiore 65 7 Creative T 47397 11 C Mar % Sh SU + % 6 5° Gos Que M0 3 : % VETERAN WORKER Crestbrk 200 x -- * ape Et} U A 6 Ah gcourt 000 8 8 8 pod Crush Int 1000 $9 9% 5 $75% 7: 4 > 8 18500 150 ST. CATHARINES, Ont. (CP)-- Crush Int pr 25 $101 +1 1 3 BB = 0 ow © J ; 1 Mrs. Thomas Vance, who died re- 21 sion y h 1 3 1 0% toi aa" i "op Ci 1 XP 35 cently at age 94, retired from her "w so 1) 50 $11% 113 Va 3 Ye "op 9 8 7 0 6 4 8 job as assistant postmaster at 513 sus Su on + YOu BW 8 Th " % Coule y 7 26 2 0 Ns. Rix Ap BN a 9 Smithville when she was 86. She 4 lv : 1 1 + % oche ' 3 200 $98 Price Br 50 $40% 39% 39% --1% y rn : L 4 20 . 20 was the former Mary Catharine 00 $TH oh 8. 7 Sangamo Slik 11% 11% --1 4 5 5 50 Fisher, native of Guelph. 110 $12% 12% Zeller's $84 2% HN +1% A b : Sa Ld 3 -- hint NEIL 5. CAMPBELL Independent Insurance Consultant Mr. Executive! In our opinion, detailed comparison tH SIN LITERS we Se Eonefeq (poet.) 20[™43. Wicked Bucs aSo 888838 -- w S Satellite Sheep Cr Sherritt +++ Brew 50 $45 Acme Gas AP Cons Foon Ja 7 » 9 : All Rox am Play 1 b 1 Alminex 0 'E Fanny F . : Am Ledue 7! Dea Fed Grain 192 $41 Anglo Am Dome Fed Grain Asamera Donalda 4 to Fittings ) : Bailey S A Duvan Bianigh. wi Fleet a 00 36 ' ¥ Bail 8 pr 1 $ 1 3 E to KX id Ford com 1 i 1731 pail 8 5% p $1 ) . g E Amphi " 6% ¥ Steeloy 12 9 Bata 1 5 1% 4% bh 3 Steep R Britaita 260 5 Sut Ln : Sullivan Calalta 21 1 2 El Sol 3" 6 & Sunburst L Sylvanite Sigma Sil Miller Sil Stand Siscoe Slocan VR Stdcona Stanleigh FEE FF FESS +l 1+1+ & CERES BE TE 28 TEER EYT Ome mm mre wm 1 urcan! Fwest Tung Jie Ya y Teer " Fatima 56 Sl Temag rancoeur A Sh 5 516 9 5 Perrito; Frobisher 76015 Thom LT Frob debs Gaitwin Geco Mines Ge, ; NF EE C Homestd C Husky ro C Husky w 5 37. 45 50 26 26 29 Tribag Res C Superior 15 812% 1 12 A > : --W Trin Chib Cent Del } 5 60 4 J % 23 2% Ult Shaw ; Charter Of 5 [ U Mining Great West Ss 450 47 5 4 C Allenbee 6635 6 5 a 5 5 U Asbestos G Wpg Gas 6 . ' 1 C Dragon 175600 4 5 G 3 1 Un Keno GWir gw 1 M C Fast Cr 3000 & 2 0 Goldray ' ' Un Fort G Wp 6 w 1 365 ry 385 C Mic Mac 16700 8 ) 2 Grandue 3 Upp Can 2 2 2 sez © > vzotr.esiis 25fubiZantaRaasuila es Hpd8rscas va.g:88s CY of your present Pension Plan with Con Peak 19417 3 3 5 2A Greyhk /andoo st ' + og et : oS %i Gul Lesa iu de 3 4 Bh Vom No wt oh a n = what is available on Today's Mar- 3 20 9 x 5 Violam Dev Pal 22605 ¢ 4 +6 1 Gunnar wts Waite Am hy ; 3 cedon ; ket Is a very wi 5 75 18% : Werner ) 2 9 I Y M | 83900 1 3 W Malar Ve Yh 4% 5% 4 r Ise ove Wiliroy 11800 42 5 H of Lakes 9 8 1 3 Wiltsey 1200 75 5 Headway Winch ins 1755 1 + 3 Heath 5 5 5 6% $5 Wr Harg H Smith 5 3 3 39 Gridoll 50 5 - L High Bell 3 5 9 Yale Lead Imp Bank i Ya 52 Home Oll A 1525 $11% 9% 11 3 2 Hollinger Fi i 33 9 Yellorex 8 7 Imp Inv A 9 Home Oil B 03 3 0 y % 81 Hoyle E Yk Bear 3 Implnv pr 11 2 HB Oil G 5469 $125 ALY 2% +1 4% 0% Hud Bay $46% "5% id " Young HG 5 bd Fee Basis Only ! Imp Oil 1 $3 bd Jump Pod § 1 1 + 1 Hydra Ex 255 5 3» Yukeno 4 4 5 Imp Tob 11 11% ui Jupiter b 5 165 Inspiration 5 % UK AK Imp Tob pr 5 N Int Nickel Ini Moly 130 Bio _ a ® Preliminary Consultation Without Iron Bay 9200 5 0 208 Pend Ore. 1300 20 220 us Obligation ! so Yukon Con 6 67 BTOTTY mem 7Trawp Inland Gas 5 } 5 5 Me: pda) id Gas wis 950 1 tidcon 76 1 ar ® 4 / red wi in the corres Ld i iti Inia Gas pr 5 : 5 5 fle MiB, WEE ZX 11 . Output Of Autos [Pred vith 101.28 in u | Metro Committee 8 Years with Government Annuities! Int Bronze {ponding period last year-- made! Int Bronze pr 100 322 22 NG 9 {up of 86,940 cars compared with | . Inc i 2140 1% 3 Cont 0 5 28 31 3 3 * Steady At 10,265 |85,648 and 19,454 trucks compared | Blasts Estimates * 12 Years with Insurance Companies! Int Pete oh an 2 Northeal 00 9 33 TORONTO (CP) -- Canadian|Vith 15,611. | TORONTO (CP) -- Metropoli- : NCO" wis 145 60 52 2 ;2 motor-vehiele production this tan Toronto executive committee CO | 13 week is 'estimated at 10,265 ve- WARLIKE DANCES irefused Friday to accept a $71,- Northid : +1 13 hicles compared with 10,257 last| WORCESTER, England (CP)-- [426,999 current budget which Okalta s 43 week, says the Canadian Auto-|Council of this Midlands city will Would have increased the 1960 tax M3 Dn] % 14 1 Pac Pete 74 $1i% 10% 11% +1 12% 935 . mobile Chamber of Commerce. [not allow local farmers to hold|rate by 1.08 mills, ai 8 160 ] 1 3 2 Pac Pet wt 3 ; Production isted of 8,346 | . Jefferson 1 3 s% 1 y 3 p 0 on consisied of any more dances in the city hall.| The committee in an unprece- Jock ce 9 5 200 218 57% . % 61 55 cars compared with 8,228 and During a recent, dance a battle|/dented action cancelled all de- dock C B pr 310. 8 bs 8 ' 5 rruv Of 700 144 128 138 4 44 7% 1,919 trucks compared with 1,825. broke out with combatants using partmental estimates already ap- Xn : i on 1 Pe 3 3 2 a Production to date this year is| {cheese rolls and butter as mis- proved and ordered a general Kelly wi M0 estimated at 106,394 cars com-'siles. Ireduction in proposed spending.

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