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Today's Stock Market TORONTO 11 AM, STOCKS Cansdisn Press Toronto Stock Exchange--May (Quotations in cents unless jot, 2d ~~ xw--~Ex-warranis.) INDUSTRIALS i 0% Th MH 185 185 8 = a 3 3-3 5 FT i Fa ai + i 53 4 LY wSEERRES EER SHDN RR1REEE i 2 GEE E EE EH EE TU Es 8:8 1 ne ] 4 1] 3 FER LE * Sapels 2 FEFFF 12% % M% 103 12% 10% 18% wESEBERAISS EE 10% marked Ex-dividend, xr--Ex i Neb Wigh Low Tla.m.00'ge Stock Sales High Lew 11 3 170 Ld Sxfaiifle Trespass oy arenes, +5 - = + +li+11 Fed &F FRERRER Spgs $13 160 $414 41% $1. 13% $1» 3: Nn Bg: 5 ws 200 200 $12% 12% 87 T + + +1 256 256 $10% 10% #9 9 $26% 20% Sllverwd A $10% 10% BKD Mig 250 Southam Steel Can Steinbg A Texaco Can Thom Paper $82 #0 72% 72% 819% 19% $50 50 25 325 50% 80% 6 $0 4 EFT TITS TE FH EERE TUE FS DUI LETT 0 SG 8 3 EN Tor Dim + % T Gen Tr - sm. Ch'ge in T Fin A Th Trnww m ~% @ ~1 cBerezy eat |) * & 3 Fi a ++ Lee | F Fee ¥ veuzzlyynuls 160 48 A% + WH 13% + % 200 45 od -1 10% + % 9 2% 10% 20 + 82 72% 19% 50 1 25 +15 50% -- % "w ~% W Cdn OG W Cn OG wt W Decalta 300 200 SUBWAY EXTENSION MAP A 10-mile addition to Can- ada's first subway is expected to carry about 345,000 persons a day and cut by about half times for street Bro transit will be built in stages. first step is a $41,000,000 two miles long up Univer EGLINTON AVE, » Cid » , 1 » hd . L sity avenue, parelleling a part of the existing stretch on Yonge street, and hooking up with it at the southern end near Union Station, This line is due for completion 1963. Map also shows a projected $149,000,000 Bloor - Danforth line across the northern terminus of the Uni BUSINESS SPOTLIGHT Environmental Test Laboratory MONTREAL (CP)--There is a new laboratory in Montreal where scientists will test anything under any kind of conditions. "The men at the lab can tell after tests, how long a piece o cloth will stand up to the heat and humidity of the jungle. Or how long a new house paint will re- sist the sun, heat, cold and rain before. it starts to crack. Or whether an electronics instrument will work 75 miles up. They'll even shake and rattle a city bus and estimate its durabll- ity under the shocks, jolts and ars caused by potholes and the ik 0. All this and many more things can be done at the environmental test laboratory just completed by RCA Victor Company Limited here. Focal point of the lab is a chamber equipped with various pumps, gauges and instruments which can approximate such eon- ditions as altitudes up to 400,000 feet, or about 75 miles; tempera- tures ranging between 110 below zero fahrenheit to 360 degrees would stop and the two-ton trap door at the top would swing open | sutomatically, [ The machine is the brain child of James Brooks, 36 - year - old Southampton - born engineer who received most of his training while serving in the Royal Navy before coming to Canada about eight years ago. hile there are similar ma- chines at the Def: R ch mI EXISTING SUBWAY mmm FIRST STAGE mim Wo SECOND STAGE (ITI "THIRD STAGE fmm i | | | mos. } 3 ! TH AVE, WOODBINE AVE. pre] L Ontario versity Avneue route, to be constructed in stages between 1962 and 1969, oh Stock Sales High Low 11 a.m. Cb'pe $25 95% 39% 110 110 520% 20 $9 8 SRERsESeR 3 GE Listings on Toronto Stock Sales High Low IJ a.m. Ch'ge Curb Dalhousie 10000 16 15 16 1m 24 +8 12% 50% -- 0% ~ % GF Mining Gulf Lead Gunnar wis H o) Lakes Hud Bay Int Nickel n Irie Cop Iren Bay J Waite rtd Jacobus 105 +2 Jellicoe Esfaetifesnnitinn: MINES d SEagtnl = sseglinenson Baepul = g seul ens.n vesepiluene ua Baul 58 wjes > 3S = Bruna - a 3 3 Stand Cont xd 3000 000 600 500 235 800 600 300 1000 700 500 Young 35 Curb 112 111 10% 10% 10% C wis L Asbestos Keno Am Pend Ore Sales to 11 am. Exchange Net Stock Sales High Low 1) a.m. Ch'ge $13% 13% 13% 205 205 205 Fe¥zailonsd EET ad = an STIL BR = > ETTPRIONE. JOE TT JETT TR J J s8sudalinssliscanBeanseg - = ate 168 158 365 630 $24% 24 00 147 1 50 630 600 125 3000 64 100 263 $10,000. sesesieESatnetaston Bina uniatadast + os = < HG 32 2 32 $20% 20% 24 Sas THE OSHAWA TIMES, Tuesday, Moy 3, 1960 1 Asbestos % at 25% and Ford of|day in five years with C at 155, and Edmonton off % at Labrador was off 1, at 20%,|Royalite dropped 30 cents, with Hudson Bay down % at 43/$7.30 and Canadian Husky and Dome and Falconbridge 3% |Canadian jor each were lower at 18% and 28%. 25 cents at $6.15 and $9. Western oils had their worst|son's Bay gained % at 10%. Industrials, Gold Drop On Marke TORONTO (CP) -- The stock market closed lower in all sec- On index, industrials 67 at 484.60; golds were 26 at 81.43, a new low 1959-60; base metals were off 1.66 at 153.53 and western oils dropped 1.27 at 88.33, their lowest point since The final volume was 1,215,000 compared with 1,827,000 Friday. Bathurst Power B was off 1% at 31, with Canadian Packers A and Great Lakes Power both down a point at 44 and 24, Domin- Ly + Ld tL tile hr fon Bridge % lower at 18% and Dominion Foundries, Dominion Stores and us org all off % at A gained 1% at 44, International Paper 1% at 99%, Railway Move Ruling Due OTTAWA (CP)--A ruling was | expected today from the Mac- | Pherson commission on transpor- tation on a railway move aimed at preventing the commission from considering a proposed new Highway Transport Act. The terms of the draft act.are |STOCK MARKET NET EARNINGS By THE CANADIAN PRESS Canadian Locomotive Co. Ltd., year ended Dec. 31, 1959, net loss $797,637; 1958, net loss $618,922, Consolidated Paper Corp., | $2,271,799, 44 cents. : | Chrysler Corp. 3 mos. ended March 31: 1960, $10,900,000, $125 a share; 1959, $15,200,000, $1.75. Hudson Bay Mining and Smelt- | ing Company, 3 mos. ended Marc | 31, 1960, $3,083,497, $1.12 a share; | 1959, $2,310,570, 83 cents, | Kerr-Addison Gold Mines Ltd. |8 mos. ended March 31, 1960, | $1,322,803, 28 cents a share; 1959, 191,223,534, 26 cents. | Minnesota and Ontario Paper Company, 3 mos. ended March 31, 1960, $1,50,398, 60 cents a share; 1959, $1,187,473, 46 cents. Pend Oreille Mines and Metals Company, year ended Dec. 31, 1959, net loss $7,833; 1958, net loss $122,088. Reeves MacDonald Mines Ltd., year ended Dee, 31, 1959, $69,308; 1958, $6,273. Thompson Paper Box Co. Ltd., year ended Dec. 31, 1959, $60,989, 4 sents a share; 1958, $29,248, 13 cents, 3 | Monday, May 2, 1960 1 ended March 31, 1960, The Nova Scotia election cam- | $2,958,474, 50 cents a share; 1959, |paign reached the floor of the Parliament Gruyere cheesegoriginated cen- turies ago in the Fribourg region of southern Switzerland. the six-man royal commission by the Canadian Trucking Associa- Lions. 0 CINEMASCORPE At-A-Glance | Bic IN SPECTACLE AND LAUGHS! By THE CANADIAN PRESS Commons as the House debated problems of the Atlantic prov- inces. vista - Twillingate) proposed an Atlantic capital projects fund, special fiscal incentives to pri- vate enterprise to invest in the Atlantic region, and other meas- J. W. Pickersgill (L -- Bona- | - {1% gd," [eo] dq STARTS TOMORROW ! The Five Pennies" . "Flaming Feather" LAST §§ DAY: WINNER OF 3 1960 "OSCARS" WEDNESDAY TO SATURDAY Winner of Two 1960 British Academy Awards IT TREADS ON THE TOES OF UNIONS ALL COLOR ures of aid, Erhart Regier (CCF--Burnaby- Coquitlam) urged that a publicly- owned steel mill be established in the Atlantic region, Defence Minister Pearkes in- dicated that work on Canada's two Bomare sites will continue for at least another two months; no final U.S. decision on the Bo- mare program was expected un- til the end of June. Tuesday, May 3 | The Commons meets at 2:30 p.m. EDT to continue debate on problems of the Atlantic area. The Senate sits at 8 p.m. THE CANADIAN CONCERT ASSOCIATION OSHAWA BRANCH MEMBERSHIP CAMPAIGN May 2nd to 7th 3 Concerts 5.00 Students 2.50 MEMBERSHIP AVAILABLE WILSON & LEE 87 SIMCOE ST. N. Canada's Greatest Artists . . . on your own stage! Board in Ottawa and at the Unl- vresity of Toronto, it is the only| one in Canada with as many test-| ing capabilities. | For example, it Is equipped with a cooling system that can keep, say, a radar set from melt- ing while testing it at high tem- peratures. It has rain-simulating sprinkler devices through which a steady stream of water, at varying lorces and size of drops, can be Siren on a specimen under est, Lamps can duplicate solar ra- diation, reproducing the main parts of the rays of the spec- trum, above; and relative humidity be- tween five and 95 per cent, Every possible climatic condi- tion on earth can' be duplicated inside the chamber which meas- ures 5% by 6% by i feet, The walls are a foot thick with a heavy steel pressure shell on the outside. Stainless steel inner sides and several layers of insulating materials are in between. It can test the durability of var- fous goods and instruments under different conditions and also is large enough to test human and animal relations under them. However, no plan for such tests have yet been made. A man locked inside for simu- lated tests at say an altitude of 50 miles would be under constant observation . through thick win- dows and port holes, If the sub- ject of the tests wanted out all he would have to do would be to press a button, the machinery Chou En-Lai Asks Papermen Pact WASHINGTON (AP)--Chinese Communist Premier Chou En-lai has named his price for a mutual exchange of American and Com. munist Chinese newspaper men--- a formal agreement between the two governments, Peking Radio in an English broadcast monitored here Mon- day quoted Chou's terms in a question and answer account of the premier's press conference in Katmandu, Nepal, last Thursday. U.S. state department officials Russia May Dominate In The End KIRKLAND LAKE (CP)--The free nations may not be able to stop Russian domination of the world, Maj.-Gen. W, H. J. Mack- lin sald here Monday night, Speaking to the Canadian Club and answering a question from the floor, the retired adjutant. general of the Canadian Army said: "Russia says, 'My system fis right and I'm going to win. Maybe they're right. Maybe we can't expect to win all the time. We've been awfully lucky so far." He also said that in the de- partment of national defence the minister has dictatorial powers and doesn't have to give reasons to his military advisers for the decisions he makes. The defence minister takes the | responsibilities and generals who make statements on poiicy while | in service should be fired, he said. A general's job was to give the best advice he could---confiden: tially--and when a policy was set by the minister to do what he was told, , » Gen. Macklin suggested | that Canada should get out of the | quickly labelled Chou's stat retaliation business, re- a "propaganda gimmick" and sald he had no real interest what. ever in allowing US.» men to enter Chinese C VED tat + 'military gain its sovereignty from the United States, and unite its three services in'o one task| force Pp of the territory. |peace anywhere. : : i For far thicker growth MASTER i RASS 54 CHURCH ST. Exclusive "Green Gro- Koted" process gives you a more luxuriant carpet of healthy, deep-rooted grasses. Available in four different lawn blends, each best for its purpose. BIRDS DO NOT EAT IT READILY Available Af... YOUR ONE-STOP GARDEN CENTRE MASTER FEEDS OSHAWA ~--Free Customer Parking-- DIAL RA 3-2229 ALLY LY DRIVE-IN | AA EXPLODING WITH EXOITMENT ! COLUMBIA PICTURES presents A WARWICK PRODUCTION = VICTOR MATURE - LEQ GENN' ° TANK FORCE! A TJERRY- THOMAS PETER SELLERS MAURICE HEPBURN |] CHEVALIER I LEEC LI wie} Seow or ---- wel LOVE IN THE AFTERNOON = Produced and Directed by BILLY WILDER ADULT ENTERTAINMENT BOX-OFFICE OPEN 7:30 -- SHOW STARTS AT DUSK CHILDREN under 12 FREE! ALWAYS A (OLOR CARTOON SPECIAL After-School Matinees Daily at 4 pm. COME AT 4 P.M. AND BE HOME FOR SUPPER A FAMOUS PLAYERS THEATRE Intrigue and Danger marked young David Balfour for doom...until he met the reckless Soldier-of-Fortune who lived by the sword! WALT DISNEY Sobers Louis ftscensons idnappe Peter FINCH- James MacARTHUR Bernard LEE *3io. rosesr stevenson lessad by BUENA VISTA Distibtion Co, lc. ®Wat Disney Prouctions, oN 2 cy LAST TIMES TODAY: "Rise end Fall s Diamond" Adult Entertainment also "The System"