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{its rise to the record high of S4lflow was 1.12 per cent on July 31, e---- per cent last Aug. 13. The recordi1958. Bank Of Canada's Rate Ends Decline OTTAWA (CP)--The Bank of Canada interest rate rose to 3.49 per cent this week from 3.26 last week, reversing an eight-week decline, with the sale of $100,000, 000 in 91-day government treas-| ury bills. | The rate, an indicator of con- ditions in the shortierm money | market, had fallen steeply by 1.56 percentage points in the four weeks up to March 31 The rate now is at the level of early February, 1959, just before! 14 THE OSHAWA TIMES, Fridey, April 8, 1960 Today's Stock Market Listings on Toronto Exchange Net vm. Ob'ge THE ROYAL CANADIAN AIR FORCE ASSOCIATION ANNUAL BALL 411 SQUADRON BAND FRIDAY, APRIL 22 AT 9 P.M. at ST. GREGORY'S AUDITORIUM SPECIAL ENTERTAINMENT PRIZES Net Not a.m, Ch'e Sales High Low 11 a.m. Ch'ge 1000 12000 565 Stock Jaye Expl Jellicoe Kerr Add Net Stock Sales High Low 11 a.m, Ch'ge Reef Expl 1000 Royalite Tidal 1000 74 Triad Oil Un Oils W Decalta High Low 11 Shawin 26 $26 2% % Simpsons 15 5288 27% St Pav 100 $16% 16% % $32 3 8 me 5% $2 Stock Sales Sales HighLiw 11 TORONTO 11 A.M. STOCKS By The Cansdisn Press 930% y Toronto Stock LJ] (Quotations in cents unless marked §. #--0dd lot; xd -- Ex-dividend; xr--Ex- vights; xw--Ex-warrants.) INDUSTRIALS Net Sales Wigh Low 11 a.m. Ch'ge 100 $37% #40 $2315 23 375 108 209 Stock Dist Seag +1 -% 100 200 350 380 360 2000 ° 39 39 39 1000 19 19 iL] Anmacho 666 6% 64% 6 0 Brunswick 100 340 340 340 813% 13% Buff Ank 1000 175 175 175 87s IM Camp Chib a5 $7 7 C Malart $36 36 3 Candore $5% 5% Cassiar $13% 205 8 3 $85 55 7% Th 62 52 175 $34% 34% 10 $130 130 13 *» 8 2 Texaco Can Thornelf Tor-Dom Bk T Fin A T Fin wis 56 Tr Can PL 790 $22% 21% "Trans-Mt 21% 'Irans PPL 2» U Fuel B 125 UN Steel 200 Walk GW 150 Wat Equip 100 West A wis 175 Zenith 200 Advocate Akaitcho Ansii Eueine $10 10 5 740 170 165 $65 605 13% Cent Pat Chib Jac Chrom Coch - Will CG_ Arrow C Halliwell C Marcus N Gate 360 Con M 8S N C Mosher C Sannorm Coulee Crestaur Deer Horn Mr. Businessman ! FUNDS MADE AVAILABLE TO YOUR BUSINESS Solidify Your Pesition: fo your ite: TV 40% 2 $7% 25 340% 2% $42 OILS 65 $41% 100 320 47 3025 105 1700 600 1000 118 100 87 Ty 100 1 41% Ogilvie 320 320 47 105 580 ie Ample Parking Reservations: RA 3-9831 We con be of service business -- Wri Guild Placements SERVICES LTD. 99 Avenues Road, Toronto §, Ont, Alminex Asamers 700 Bail 8 5% pr 240 C Chieftn 100 $50% 50% 50% 60 5 881% 1% 14 Star su " Cdn Dev ] C Ex Gas 1 3500 78 200 227 85 48900 13900 2000 Tickets Available ot LEWINGTON'S FLORIST Admission 5.00 per couple -- Semi-Formal Quemont 51 3 Radiore Elder 200 : 1 b Rayrock Eldrich i Realm Eu:eka Rexspar Falcon Rix Athab $51% 81 51% . $331 33% 3% + 3 3 3 C Husky 5 5 525 50 5 5 2% C Husky wis 200 375 470 470 o! 5% Cent Del 1100 505 319% 10% 10% 75 3 C Dragon 1000 $9% rp fd % 48% + C Mic Mac 100 265 Fatim Cree wis 58 1600 2 Geeo Mines Dome Pete 700 Guco Scien Dynamic Giant YK HB Oil G Gunnar wis Hard Rock Headway 2% Hud Bay 1 $11% 11% Int Nickel 175 $102% 760 760 Iron Bay 500 305 7878 78 Iso 300 43 x 1) Jacobus 500 118 114 114 $31 5 Rockwin Sherritt Stanigh wis Steep R Sturgeon Sud Cont Sullivan 'Taurcanis 'Teck-H Temag 'Tombill Un Fort 52 : $144 $17% $614 89 89 $10% 1 $14% 8 av SUK 925 39% 385 $38 $124 300 Tel 400 $9% 225 $% 11300 100 2500 100 $11% 26 13% 2614 345% ANNUAL SPRING FLOWER SHOW Longpoint Dine at the RESTAURANT R. B. Reed & Sons 14% King St. East (Upstairs) Quemont was off 35 cents at : $9.55, Labrador lost % at 24%| @ a Green Houses » OSHAWA, ONTARIC and Hudson's Bay dropped 's at DANCE PARTY 45%. Gunnar was up 30 cents at DON PIERRE Sunday Afternoon APRIL 10th 1000 600 200 600 5100 Con Gas Pac Pete w Petrol 7 Provo Gas 240 Industrial Cut | Fails To Dim | Bright Market Cosmos Creative Crush Int Active Cattle Demand Halted TORONTO (CP) -- The broad active demand for slaughter eat- tle of the past few weeks came to an abrupt halt this week at the Ontario public stockyards. | VANCOUVER (CP)--A shrewd Slaughter steers, heifers and|group of officials is applying a 200 $10% Salada-S 240 +4 | BUSINESS SPOTLIGHT Officials Apply Home Principle Corp. of Canada moved up % at 11%. $8.60 and Consolidated Denison gained five cents at $9.80. and His Orchestre Hudson Bay dropped % at 12%, TORONTO, (CP) -- An earlier Home Oil A and Pacific Petro-| : iv ing : a _|leum were off % at 10% and 11% | where possible they make joint lead in industrials was cut back| 4 Bailey 'Selburn dropped a 3 \% 9 WS purchases. at the close of trading Wednes- | .ongs at $7. Great Plains was up | PAVILION J iy OSHAWA 8 Sir ynusul, yearlings traded at prices steady principle known to housewives for| Contracts are negotiated by any day but the stock market still!'s at 10%. ' years to save Vancouver taxpay- one of the seven. The school wound up on the bright side. 3 to the bulk of last week's sales i > | ers thousands of dollars annually. board, for instance, uses 3,000,000 | . and were 30 cents per hundred- | Index changes: Industrials up| The group is composed 'of pur-| gallons of fuel oil a year. The| 75 at 502.31: golds up .36 weight lower than the high sales chasing age! at DRIVE-IN" a we . nts for the city cor-|others combined use about 1,000,-/g9 61; base metals up .44 of Thursday and Friday. poration, parks at BOX-OFFICE OPEN AT 7:00 -- SHOW STARTS AT 7:15 board, school|000. In the past the school board| 6) 86; western oils off .75 | board, Pacific National Exhibi-{was buying at a better rate than|gg 50 All Color Show Tonight CORNEL WILDE IN od is TWIN PINE C vere fi n 11 prices| " r e ers se ity 'ows were firm and bull pri [tion, Greater Vancouver water |th others because of the quantity Final volume was 2,000,000] steady while veal calf prices district, Greater Vancouver sew-|it used. Now it gets a better rate against 1,627,000 Wednesday. PLUS GEORGE MONTGOMERY IN from Radio Station were higher and hog prices erage and drainage district and than ever because it is buying for Testers. Grovels 'A. took. the "Man From God's Country" WIL NIAGARA, N.Y. steady to the close. Sheep andthe public library board. the whole group. mR : ; initiative among industrials with | CHILDREN under 12FREE! ALWAYS A (COLOR CARTOON RED BA R ] mbs were unchanged. ewiv y it i r| The group uses a total of 1,250, la 8 Housewives know it is cheape 4 1 i 3 "wit 8 A J Bolu $7 00 Cattle receipts were about the|to buy in quantity and that it is 000 board feet of lumber. In addi- at same as last week and some 500) cheaper to buy certain articles at/tion to getting a lower rate B up 1% at 35% and Loblaw A head fewer than the same week certain times of the year. through joint buying, it makes|up & point at 27%. Canadian Iron in 1950. Receipts from Western| The purchasing agents are ap-| purchases in the off-season when Foundries went ahead % at 21%, Canada totalled 417 head, 165|plying that principle to buyingjthe market dips to its lowest| While Argus and Moore went head more than last week. There|such articles as gasoline, fuels, mark. ahead 3% at 29% and 40%. were three shipments to Eastern| automotive oils, kerosene, anti-| The groups meel three or four! Crow's Nest Pass was down two Canadian Slaughterers and No freeze, automobile parts, tires, [times a year and attempt to add points at 17%, with Trans-Canada exports to the United States. (lumber, plywood, castings and new commodities to its buying Pipe off 7% at 22% and Imperial Slanghter cattle: Choice steers| steel. list. Bank, Imperial Life and Shawini- : : 1 : :| : T. M. Galloway, city purchas- gan Water and Power all off % PoD with od 33/08 stBher: | JOINT BUYING __ |ing agent, says Vancouver is the at 55. 73 and 26. mon 15-1850; good heifers 20-21 Instead of each group doing HS fret city in Canada to use the| Noranda went ahead % at 41%, with Sales to 21.50 and an odd (Wa Wy he hive Joined svstem and so far it has proved Hollinger put on % at 24%, Cas- i medi sq. | forces, saving up to -|very successful. i as 3% at | ining choice to 22; medium 17-19.50; many cases the groups must|-- sole siar was up % at 13 and Mining common 14-17; choice fed year-| PAP {make individual purchases, but . Niagara Workers Steeves, honorary secretary of lings 23-24; and odd tops to 23; NET EARNINGS | On Safety Strike the National Heart Foundation, | good 22-23; good cows 16-16.50; | medium 15-16; common 14-15; | NIAGARA FALLS, N.Y. (AP)|gaid here that Canadians are| (AP)--More than 200 carpenters complacent about heart disease| Distinctive dining graciously 330M SERVED 00D. SE Yes, when it's a matter of good taste, you can rely on us to serve We you the finest foods, prepared te specialize in | perfection. Come in soon. Chinese eat hearty Food. We specialize in large steaks and DIAL RA 3.9422 chops . . . wonderful sea foods. HOME DELIVERY FREE for take-out orders TOO COMPLACENT ) HALIFAX (CP Dr. Lea for orders over $5.00 in City Limits WE SPECIALIZE IN SUNDAY FAMILY DINNERS eanner and cutter cows 12-14; good heavy bologna bulls 18-18.50; common and medium light bulls) { Bralore Pioneer Mines 1417.50. Replacements: Good handy-| year ended Dec. 31: 1959, weight stockers mostly 23-24 with 224; 1958, $380,622. il Ltd ling that their transportation intojour duty to do something about | gales to 25; eommon and med- ag adin Dilly a joi Your the Niagara River gorge is un-/it,"" he said. jum 18-22, | : ; : safe. ... ($368,500; 1958, $1,389,209. | dq Calves: Good vealers 33-35 with ™ 5 00 1. : _| The walkout halted work at the ehotce $0. 3650; medium. 26.93; |, Consolidated Discovery YI river level but did not affect other THEATRE GUIDE e Yines a {phases of the project. Nearly Brock -- "The Bridal Path," 7.20 and 9.45 p.m. Last eomplete show at 9.00 p.m. By THE CANADIAN PRESS ah left their jobs at the Niagara which causes nearly 50 per cent | power project Thursday , elaim-|of male deaths in Canada. "It is Satisfaction Guaranteed TONIGHT UNTIL 9 P.M, RETAILERS TO THRIFTY CANADIANS BALLET SLIPPERS "A Treat For Your Feet" 1 98 LADIES' BLACK AND BEIGE SOFT VINYL BALLET SLIPPERS, elasticized tops, eommon 20-25; boners 12-18. Dec. 31: 1959, $786,382, 20 cents Hogs: Grade A 21; heavy sowS|y share: 1058, $881,889, 32 cents. | 2,000 carpenters are employed on 15; lights 17; stags 10 em a Patino of Canada Ltd, year the project. ls dressed weight basis. ended Dec. 31: 1950 $234,773: | A spokesman for the striking Sheep and lambs: Good handy-|1958 $183 620. : 4 »" 7" | carpenters said no guard rails weight lambs 23.50-23.75; some| Rio Tinto Mining Company of line the steep, mile jong Toad ju good feed lots at 24; common Canada Ltd. year ended Dec. 31: the chasm and complain that and medium lambs 18-22; sheep|1950, $2,656,812; 1958, $488,497. {buses taking the men to the site 410 according to quality; spring| Webb and Knapp (Canada) 14d.|are driven too fast. lambs at prices ranging from year ended Dee. 31: 1959, Si6,105;| The walkout has vot heen Koi 4 1058, $11,994. p r| ! rs uni ms in Lik po - land there will be no picketing, Regent -- "The Last Voyage" in DESPITE HIGH PRICE ens "work forthe Meritt, Chap.| Daily at LW, 335, 535, 735 Marks -- "Who was That Lady," 12.30, 2.45, 5.00, 7.20, 9.40 p.m. "Wonders of Ontario," 225, 4.40, 6.55 9.20 p.m. Last com-| plete show at 9.20 p.m. o EXTRA » "WONDERS OF ONTARIO" in color Come Along or Bring A Friend !! {man and Scott eonstruction firm| 9.30 p.m. Last eomplete show F 1 {of New York. at 9.00 p.m. By BEN PHLEGAR t DETROIT (AP) -- --Since they became available in volume three| months ago, the big three's com-| pact cars have cut sharply into foreign car sales in the United States. No one is yet sure just how deep or how permanent the cut is. But from both sides of the At- lantic the consensus seems to be| that the peak of the import boom| has passed | Imports ive popularity among foreign| |ears but that the division is will-| ing to let the German-made ear | seek its own sales level, Pontiac, which sold 22,683 Vaux-| halls last year, already has cut planned imports for this year to Simca has been dropping stead-| ily since last summer as Chrysler |dealers pushed the Valiant and| Dart. D. R. Crandall, director of Simca Sales for Chrysler, says| TO-NIGHT Dancing to the Clyde Don Quartet 9 T 0 12 P.M. Y.W.C.A. 199 CENTRE ST. Admission: 75 MEMBERS $1.00 NON MEMBERS Simca now is concentrating on its 609,539 foreign cars ; Last year orels {lowest - priced model (just under | -------------- were sold in the U.S., a whop- pi 63-percent increase in 12| months. The total represented 10| percent of all car sales In the U.S. import sales this year in| January and February combined | were about 86,000. March figures are not yet available | As early as last August, Gen-| eral Motors, Ford and Chrysler predicted that the imports would | drop to about the 500,000 mark in| 1960. BEST GUESS ; "That's still the best guess says Jack Kemp, who directs US. sales of Ford's English and German lines, "but it is only a guess. We are watching it very, very closely. In outlining Ford's thinking, | Kemp said the most vulnerable of the imports obviously are cars selling in the same price range as the American compacts -- from $1300 to $2500. Foreign car volume in this particular price] elass topped 150,000 units last year, with Opel, Simca and Vaux- hall leading the way. CHEAPER MODELS SAFER | Kemp figures the under-$1500 lines, such as Volkswagen, Ren- ault and English Ford, are rela- tively safe from the compacts, along with such luxury lines as Mercedes-Benz, MG and triumph, Ope! and Vauxhall are General Motors products sold in the U.S. by Buick and Pontiac dealers. Simca is marketed by Chrysler Corporation. $1700 at port of entry) and also its intensifying efforts to line up| independent dealers. Volkswagen remains king of the imports. It sold 119,000 in the U.S. last year, and sales during the first two months of this year] ran at an annual rate of more than 130,000. FRENCH OPTIMISTIC Renault, second largest foreign seller in the American market, is| ing campaign, largest by far of the imports. Jay F. Walker of Chicago, who distributes Ren aults in the = midwest states speaks optimistically of the fu. ture. "We have overcome problems availability," Walker said.| STODAY & SATURDAY continuing a $5,000,000 advertis- ¢ PLUS 1960 ACADEMY AWARD WINNING SHORT! OOLIMSH pense "Our dealers have been able fo| hold their prices and most of] them are making good money on every deal." | New and different models are! being introduced in the US. in an effort to keep the American buyer interested in foreign cars. Hillman is offering a radically different automatic transmission which claims gas mileage equal to any manual shift. Next month Austin and Morris will introduce their "850" models which seat four people in relative comfort but are only 10 feet long and| sell for about $1300 Kemp feels the American com- pacts will dent the imports but won't kill them off. But what about the rumored *'small-small" American cars? "If one of the big three brings OWN MODELS Buick and Pontiac will have their 'own compact cars in the|VW-Renault-Anglia size in the ¢ fall. At Buick, a spokesman said Opel is expected to hold its rela out an American car of the $1600 price glass, the imports will| be dead," Kemp said. SATURDAY MATINEE ONLY! CLIFTON WEBB--JEANNE CRAIN--MYRNA LOY in "CHEAPER by the DOZEN" TYRONE POWER in "PONY SOLDIER" (color) STARTING SATURDAY at 3:30 p.m. CONTINUOUS FROM NOON---MONDAY & TUESDAY S| THRILLS & ACTION !1 "OREGON TRAIL" In Technicolor with FRED MocMURRAY OORS OPEN 0 ADULT ENTERTAINMENT LAST TIMES TODAY: * RIOT IN CELL BLOCK 11" ""CRIME-IN THE STREETS" Both Adult OF THE MOST INTENSE SUSPENSE IN MOTION PICTURE HISTORY! EVERY DRAMATIC MOMENT FILMED Feature 1:30 - 3:28 5:25 - 7:25 ond 9:30 ROBERT STACK - DOROTHY MALONE GEORGE SANDERS - EDMOND O'BRIEN Reus A FAMOUS PLAYERS THEATRS Chow's... Exotic and Oriental Dishes Canadian rv 19 KING ST. W. SPECIAL ON ® DINNERS ® BANQUETS ® LUNCHEONS ® CHINESE FOODS ripple arepe sole, able, well-made. Sizes 4 to J Zeller's Thrift Price. eomftor- Exceptional value ef DOWNTOWN 21 SIMCOE ST. §. Phone RA 3.2294 ZELLER'S LIMITED SHOPPING CENTRE 226 STEVENSON RD, §. Phone RA 3-2209 WILSON & LEE LIMITED ACCORDION SAXOPHONE VIOLIN SPANISH GUITAR POPULAR PIANO TRUMPET home for practice. MUSIC STUDIOS Register Now For Lessons On These Popular Instruments CLARINET HAWAIIAN GUITAR TROMBONE VIOLA CELLO Our 6-week beginner's course on the accordion at $1.50 weekly includes the FREE use of an accordion during that period which is taken TAKE-OUT ORDERS OUR SPECIALTY DIAL RA 5-2543 OSHAWA MUSIC STORE 87 SIMCOE ST. NORTH WILSON & LEE LTD. RA 5-4706 )