Ontario Community Newspapers

The Oshawa Times, 24 Mar 1960, p. 21

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Today's Stock Market Listings on Toronto Exchange TORONTO 11 AM. STOCKS By The Canadian Press Toronto Stock Exchange--March (Quotations i neents unless marked §. G E 2-0Odd lot, xd -- Ex-dividend, xr rights, xw---Ex-warrants.) INDUSTRIALS High Low 11 a.m $36% 36% $978 9s 9s 24% Ws 33% 33% Stock Sales Abitibi 955 Acad-Atl 5 Alta Gas 575 $2 Algoma 450 Alumini 345 Analog 50 Argus 50 Atlan Acc 200 Atlas Steel z10 Bank Mont 305 Bank NS 150 Beav Lumber 225 Bell Phone 1440 Bowater pr Brazil BA Oil BCE 4% pr BCE 5 pr BC Pow Brockville Build Prod Cal Pow Can Cem Can Perm C Bank Com Cdn Brew C Brew rt CBAL A wits C Cel $1.75 pr C Curt W C Hydro Car Cli CPR Cdn Tire Cire Bar A Cockshutt Col Cell ) 405 Con Gas ) 335% 35 Creative Tel ) b 0% Dist Seag D Bridge Dom Elect D Fndry D Fndry pr Dom Stores Dome Tar Econ Inv Fanny F Ford US 3638 + Stock Sales 2 Fndation 300 Dev 400 G Dynam 50 GMC 29 GP Drill 100 GN Gas wt 225 " GN Gas B wt 100 oa Great West 100 Ld Hardee 100 » Horne Pitid 275 Imp Inv 140 p 50 Ip Oil --- Imp Tob Inland Gas Inter PL Inv Syn A Jefferson Int Util Int Util pr Jock B wis Kelly wis Lakeland Laura Sec LobG 1 pr Lob G B pr MB and PR Mass-F Mid-West Molson A Molson pr Moore Nat Drug North Star pr N Star 57 wt 125 NO NGas Nor Phone Ont Loan Overland Page-Hers Q N Gas Rapid-Grip 200 Roe AV C 500 Royal Bank 350 Royal Bk rt 1330 StL Corp St Maurice Salada-S Shawin Shawin A pr Silverwd A Simpsons Steel Can lyn aco Can Dom Bk To: Iron A I' Fin A I Fin 57 wits 235 $15% $41% High Low 11 a.m. Ch'ge $9% 9% 9% Net Stock Sales Tr Can PL 740 Trans Mt Un Gas Venex Pow 15% + 4 41% -- 9 High Low 11 24% 2 $18% 13% $23 23 Net a.m. Ch'ge Stock Wstates Wsburne Curb Bulole 9% Wainwr Z: 200 Walk GW 5 $36 Wat Equip 450 Westeel West A wis Zenith Price Br Acme Gas Alminex Cal Ed Calvert CS Oil wis CS Pete Cdn Dev C Ex Gas C Homestd C Husky Cent Del C Allenbee C Dragon Con Peak Dynamic Fargo Gr Plains Home Oil A Home Oil B H B Oil G Jupiter Medal NCO wits Okalta Pac Pete Permo pr Peruv Oils Provo Gas Ranger Royalite S hire Spooner Stanwell Triad Oil Un Oils Wayne Wespac Abacus Advocate Algom Am-Larder Amal Rare Anacon Ansil A Arcadia Aumacho Aumaque Barnat Base Metals Bethim Bevcon Bibis Brunswick Buff RL Camp Chib Denison * Den wits + Halliwell Con M and C Mosher C Northid C Red Pop C Sannorm Craigmt Deer Horn Dome FE ar H Rock Hud Bay Hydra Ex Int Moly Int Nickel Sales Net 509 150 150 150 500 70 70 70 110 430 430 wy Bo Bw CEELREL 80 1000 S 470 5000 500 500 643 100 1000 520 500 3000 200 230 1000 High Low 11 a.m. Ch'ge Stock Irish Cop Iron Bay Iso J Waite Jacobus Joburke Joliet Kerr Add Kilem C wis Kirk Min Lamaque "Langis Leitch LL Lac Locana Min Lorado Lorado wits Macassa MacLeod Madsen Magnet Malartic Man Bar Maralgo Martin Mcintyre Milliken Min-Ore Multi-M Murray M New Bid N Dicken New Hosco N Mylama Nickel MS Noranda Normetal Norvalie Pow Pron Qu Quemont Rexspar Roche Rockwin Satellite Sherritt Sil Miller Siscoe Steep R Sylvanite Taurcanis Teck-H Thom L Sales 129 High Low 11 a 130 Net . Ch'ge +3 THE OSHAWA TIMES, Thursday, March 24, 1960 21 | for : Locomotive Firemen Ask Canadian Union TORONTO (CP)--The Interna-| The international union is affili-|used for a special action pro- tional Brotherhood of Locomotive|ated with the Canadian Labor|gram which means it will go to Firemen and Enginemen may| Congress. | finance the battle that is coming lose 5,000 Canadian members if| 1, I Brisbin, chairman of the(up with the United States rail it doesn't agree to allow a separ-| sonora] grievance committee for| Ways over work rules, Mr: Adair ate Canadian division within the|the protherhood's central region, said. union. . ; said Wednesday night that only| He said president Gilbert has Two Canadian executives of the one of 21 central locals failed to|said Canadian brotherhoods have union Wednesday night an- support the breakaway move injto be subsidized by American nounced the issuance of an ulti- a vofe he conducted. locals. "We don't believe their matum for a separate division or| He said if the international|figures," he said. the breakaway of the Canadian union didn't agree to a separate 'We think we can negotiate our members. {Canadian union it would lose 5,-| affairs in Canada without any in- 000 Canadian members. terference whatever," Mr. Bris- STOCK MARKET |WEST BACKS CENTRAL bin added. : He said Roy McCallum, general] If the international union does NET EARNINGS chairman of the western region, no! agree to the request and the {would issue a similar statement Canadian division is formed, it By THE CANADIAN PRESS jin. Wisusiveg today, backed i a il have dr solid vote mm e rothernoods * g itons, Coal 2a Tuyen under his jurisdiction. The east. "However, the certification can oad Fo To $1 303 829, |€r0 * region has refused to back|be transferred if Gilbert will al- $2.72 a share; 1956, $1,202,695, the move. low us to form 2 Canadian 4 $25. : » $1,292,605.) Mr. Brishin said he and J, B.|Vision," Mr. Brisbin said. Mem- al Building Credits. Ltd Adair, secretary-treasurer of the bers would like to retain their he gonquin Building Cr its Ltd. general grievance committee, de- affiliation in order to retain life year ended Dec. 31; 1959, $56,051, | ciged to issue the ultimatum after insurance benefits, receive union 51 cents a share; 1958, $24,477, 30 iio national president H, E. Gil- newspapers and other publica- i a wert refused to listen to their re- IONS. eralco Industries Lid., year cies for a separate Canadian di-| "We 'would allocate a small ended Nov. 30: 1959, $115,323; Cicion. per-capita grant to Cleveland for a Auaaison Gold Mines Ltd West and central Capadian|these. services, bit if tiey won't | vear ended Dec. 31: 1959, $5,088.. members feel their money is not £0 along with that we'll break 796. $1.08 a share: 1958, $4,761,026, 5.Vin8 them the return in service away completely. ; tor . » 1990, 9%,10L,020, | that they should receive, he sajd. Mr. Adair said G. O. Trites, |" Okanagan Helicopters Ltd Members pay $1.5 a month to general chsimual Of tie gvjev. vear ended Dec. 31: 1050, $282. Support local union expenditures|ance committee of the eastern re- year . $109, |and $4.10 for international union gion of the CNR refuses to join 659, 51 cents a share; 1958, $245, the breakaway movement. L. J. expenses. The vote, taken by secret bal- lot in the 43 locals of the central)' and western regions, occured be-|internat fore the international union's < Last December the attorney- Engineers (CLG) and the Na- 402, 42 cents. | {Broten, Canadian member of the general's department ruled that|tional Union of Public Employees Union Acceptance Corporation, fiveaman board of directors of the the board was a crown agency (CLC) |vear ended Dec. 31: 1959, $401. jonal union, also refused. and its employees could not join {083; 1958, $475,101. Paper were up 1% Moore Corp. increased Steel Co. of Canada Gooderham were up Lakes and 36% Industrial To Be Unchanged Enjoyed Better Da TORONTO (CP) -- Industrials enjoyed one of their better days this year as increases were re corded in nearly every section | Wednesday | Index changes: Industrials up 14.06 at 491.60; golds off .32 at 89.31; base metals up .43 at 157.74 a point at 73% and 36, and Alu- minium Lid. gained. 7% at 30%. People's credit Jewellers dropped three points at 19, while Molsons A was down 17% at 21%. Burlington Steel dipped 3% at 16% Cassiar and Noranda gained % at 12%; and 40%, while Hollinger was off 3% at 23% and Quemont dipped 's at 10 Consolidated Denison gained % at 10%, and Gunnar improved five cents at $8.35. Algom was unchanged Oils 'had an active day, with TORONTO (CP) ization among employees 0 crown agencies, W ill not be changed, Labor Minister Daley and Attorney-General Roberts in- dicated to Ontario Federation of Labor officials Wednesday OFL President Dave Archer said Mr. Daley told him that em- ployees of the Workmen's Com- pensation Board should not be represented by a union because they must make decisions af- _ The Crown? union ring The OFL has called a meeting The catbird, a ty f cing! Agency Act, barring union organ: c.. ..vt week of the unions af- bird : oe 2 oe Hotkine $21.54 a share; 1938, $1797,1%4 fected by the act, notably the In-|/imitates the songs of many other : ternational Union of Operating!types of birds. BIRD SONGS Western Grocers Limited, year ended Dec. 31: 1939, $2,015,006 Cleveland headquarters an- WOMEN BARRED 'nounced a $2 assessment would| Monastic rules bar women from $18.21 * be added to regular dues. the great library of the Benedic- Wn |SPECIAL PROGRAM tine Abbey at Engelberg, Switzer- | | "This extra money is to be'land. 1960 SEVEN PIECE fected members of other unions. western oils up 1.14 at 100.85 Central del Rio gaining 45 cents The volume was 1,475,000 shares at $5.30. Canadian Husky was up compared with Tuesday's 1,710,- 25 cents at $8. and Hudson's Bay 000. Dominion Stores and Great out 3% at 12%. Bailey Selburn lost at STARR'S WERE SELLING THE FINEST! 1 SLEEPin LUXURY 'with BETTER POSTURE : Va ASAPLUS! |} five cents at $7.60 and Calgary and Edmosjn was off Y% at 20% SECTIONAL SUITE TESTIFIES Jerome K. Kuykendall, above, chairman of the Federal Power Commission, said in Washington today he held a ¥ 1 private telephone talk with a £ company representative during a multi-million rate case. He was appearing before the house commerce commit- tee Electrical Rate Hike Unavoidable EDMONTON (CP) -- The cost , ; of producing electricity, like most 5 ¥ Ie other things, is rising. Power . compan revenues are dropping. A suggestion came out of the western zone meetings of the Ca- nadian Electrical Association here this week that it's time something was done about it--in- crease the rates. It was little more than a sug- gestion, advanced hesitantly by CEA President N. S. Crerar of Montreal To reporters cQvering the meet- ings Mr. Crerar posed the ques- tion: Why does talk of increased power rates make the consumer see red? He noted the price of & ee | Posture is a plus. . . because it sleeps you, keeps you at your level best new Sexy posturepedic mattress Sleep level, and you sleep best! That's how tired back muscles relox ond tone up. That's how Sealy Posturepedic's firm sup- port helps overcome daytime slump. Your Sealy Posturepedic that an increase in can't sag--always keeps your spine on a line. Smooth surface bread or butter or eggs or beef evokes only a dis- gruntled shrug from the con- sumer. But let there be a hint of a rise in the price of electricity and there are loud protests. GOVERNMENT - REGULATED Mr. Crerar was careful to point out that utility rates in Canada generally are governed by provin- cial government regulation and that he was not speaking for the individual corporations, public and private, that make up the 67-year-old association The first step, as he saw it, was to undertake a campaign to educate the public that an in- erease was necessary. The next was for the individual companies to seek approval of higher rates. The CEA president advanced some statistics on costs and prof- its: The generating capacity of the Canadian electric utility industry at the start of 1950 was 8,427,000 kilowatts -- 11,300,000 horse- power. It now is 21,167,000 kilo- watts--28,300,000 horsepower DOMESTIC REVENUE OFF Yet the average revenue from domestic has dropped to 1.6 cents a K att hour in 1957 from 2.3 cents 1930. A kilowatt hour is the power required to light ome 1,000-wait lamp for 'one hour or 10 100 lamps for one hour Mr. Crerar said most cheap sources of power (hydro) within economical striking distance of markets have been put into full production. Future power--26 per eent of last year's new generating caparity---woiild have to come from more expensive thermal sources. | too. Here's sheer sleeping luxury that helps improve posture during the day. Now in new smart covering. Own it, and you own the best. This ultra-modern, fabulously-priced 7-piece set is styled with SAVE 200.00 '299 OPEN FRIDAYS UNTIL 9 P.M. LOW DOWN PAYMENT eo EASY TERMS ARRANGED * Before You Buy... Give Starr A Try * STAR Helps conect daytime slump. 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