Ontario Community Newspapers

The Oshawa Times, 4 Jul 1960, p. 15

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THE OSHAWA TIMES, Monday, July 4, 1960 15 et Listings on Toronto Exchange Stock Sales High Low 11 a.m. Ch'ge Hore pda 900 14 a 1% -- % rk --- Labrador si 17% Tw --- 4 L Dufault 37 3 ims __Dow-Jones maser Level Down of their som, Murray Daniel, 5 By W. P. SNEAD fina of operations in such basic Today's Stock Mark Net High Low 11 a.m. Ch'ge $30% 39% 39% -- % $17% 17% 17% $13% 13% 13% $W% 28% 28% $16%4 16% 16% $6 6 6 $40 39% 39% $13 13 3 $13% 13% 13% $9% 9 $21% 21 $131 13% TORONTO 11 A.. STOCKS By The Canadian Press Toronto Stock Exchange--July 4 Quotations in cents unless marked §$. z--0dd lot, xd -- Ex dividend, xr--Ex- rights, xw--Ex-warrants. INDUSTRIALS Net Sales High Low 11 3.m.Ch'ge Abitibi , 125 $38% 38% 38% Alta Dist 1900 225 1 Alta Dist vt 3950 Alta Dis wits 1100 Alta Gas 200 Alta Gas wis 639 Algoma 110 Alumini 235 Alum 1 pr 200 Alum 2 pr 10 Argus bl Argus 2.50 pr 300 Bank ont 260 Bank NS 80 Bank NS rt 3776 Bath Pow A 74 Beav Lumber 139 Bell Phone 969 Brazil 800 BA Oil 682 BCE 4 pr 15 BCE 4% pr 30 BCE 5% p BC Forest BC Pow C Pack B Nel Sales High Low 11 a.m. Ch'ge Stock Sales High Low 11 a.m. Ch'ge $66% 66% 66% -- % $17% 17% 17% $f 9% 9% $26% 26% $27% 21% 280 280 $15% 15% $69 % $isls 18% 80 80 $524 52% $3744 #37 37 $165 16% 58% 8% $1314 13% 20 $31% 3% 315 315 $365% 36% Stock Con Gas Corby vt Creative Tel Dist Seag D Bridge Dom Elect D Fndry Sales Stock 7s 50 600 130 100 200 585 100 725 100 825 2 10 z40 wt 200 100 400 57 57 7 150 110 110 10 -- HH -1% 100 + % LS 7 LE3eEaEss sBiuifusansalin.nuEsEl General Hospital. Many thanks to Dr. Anderson. n McINNIS -- Ray and Noreen are happy to nnounce the birth of their pig eh %900: ot the J. H. Crang and Co. an argument for a repetition of Oshawa General Hospital. A sister for| The narrow action that had an inflationary boom. Edward. Special thanks to Dr. Cuddy. |y,1q the Dow Jones Industrial| The recessive forces in the Ca- NORMOYLE ~ Mae and Dan wish | Average just above the minor nadian economy are all too well to announce the safe arrival of their)|support level of 642 was broken [reflected in the Canadian stock jo Se or Moshawa. Special |12st Monday by an abrupt slide | markets and the employment . that in two, five-point drops c®- | figures. There is ample capacity ried the Industrial Average down in almost every line of industry to 642.49 and 637.46. The Rails|and the lack of new building 1s continued to hold to their narrow reflected in the statement from track above 141 and both the To-| The Dominion Bridge Company | 6 ozs., Friday, July 1, 1960, at Oshawa Research Director, industries as steel, hardly torm 5s Dosco 100 Dom Tar Dom Text Fam Play --- + % +h Stock g8s CEES PUP 100 New Hosco 7100 N Kelore N Man N My! Nipissing > PLEASANCE __. Susan wishes to an- nounce the birthday present of a baby ' brother, Steven Thomas, 8 lbs, 2 czs., on June 30th, at the Oshawa General Hospital. Proud parents are Tom and Ann (nee Snowden). Gr Wpg G Gr Wpg vt Imp Bank Imp Oil 700 24 2118 20 8 <] ¥ 30, thanks to Oshawa Fire Dept. $35% 35% ronto and New York markets that "based on results so far and 200 $151 15% have apparently settled into a|estimates for the remaining 580 580 pre-holiday drift. | months of the year, it expects net Sauid $23 $21 $39 38% 821% 21% OIL $18 Bail 8 5% pr Calvan Con Kelly wis Labatt Lafarge Lob Co B and PR Ma! M Leaf Mi Mass-F {ex LP Mid-West Moore Nat Drug NO NGas Page-Hers Pow Corp z10 600 $12% $19% 19% 150 150 $47% 46% $S14% 14% $118, 11% $22% 22% $4 u 76 70 00 250 250 840 $7% Th 205 205 476 476 12% 8% ga8essyaite: 5 | -F3- CSL pr C Bank Com Cdn Brew Cdn Celan C Chem C Curt W CG Sec A Frobisher Geco Mines Giant YK Glacier Gunnar Headway Hollinger ud Bay Int Nickel n Jacobus Joliet 38 Fated. Beta Earns toutinnangalin. nuts Prairie Oil Provo Gas South U Submarine Tidal Triad Oil Un Oils 100 1400 1000 8 £ ETH = 8 - 3000 Be as 1000 1000 Young HG 4000 80 77 Sales fo 11 a.m.: 539,000. 344% 44% "U% + Hh $55% 55% 55% -- 108 105 105 -3 21 21 21 250 800 50 1500 945 200 700 25:88 Cdn Pet pr Cockshutt Scholarships 205 Roe Av Can 476 500 CIVIL DEFENCE TIPS 70 There is included an action This booklet should be obtain. guide of what immediate steps ed by all persons who have a de- should be taken on warning to|sire to protect themselves and occupy your shelter and move in|their families from fallout. Dp last minute equipment such as tails on how to obtain the book- of increased defence spending cents a share. This is about half HARRINGTON -- At the Montreal Mabel Ruth Metcalf in his 83rd year. | nouncement that the U.S. Treas- the sales val of completed con- (Mrs. R. M. Hamilton) and John, both | 88 | year", Here again is a Mountain Street, Montreal, 2 p.m. A . ini gins due not only to the intense lieu sent to the Canadian Cancer Funds.i'y.t the main cause was the news| manufacturers but .also to the Friday, July 1 1960, William Hay- ity -- vest level since . : capacity the Jowest level ¢ the Canadian economy is a re- Black Watch Veterans' . Guards of | i y 5 ¢ t 6 per ? 3 ry ain from 5 per cent to 6 p to stimulate this by revising the B. and grandfather of Christine and oF (O! g nro- . per cent to, 5 per cent, also nr chinery and by removing some of Serv p line in © 0 i A CHAPEL served to check the decline selling prices of Canadian goods Pleasance DEATHS The bulls who have been talk-|income for the fiscal year end- ing further inflation on the basis ing October 31 will be about 80 and budget deficits in the U.S. the $1.74 a share, earned last s July 2, 1960, Joh ; 3 | A er Der ed tshand of | were disappointed by the an-|year. The company anticipates Dear father of Margaret (Mrs. R. E.|,.y wil] wind up the fiscal year tracts will tota 20 mil- , and A Bal ; ' 1 gg I Pg both | ended June 30th with a surplus of lion, about the same ov last of Ottawa. Funeral from the Chapel ($500 million and the forecast that \ lustra- of Joseph C. Wray and Brother, 184, gyrplyg will also be shown in tion of the squeeze on prbfit mar- Tuesday to Mount Royal Cemetery. [fhe new fiscal year. This partly In of flowers donations may be | triggered the decline in New York competition between Canadian MACDOUGALL, Wiliam Hayworth [that steel production this week | severe competition of imports. Zigin, Ontarlo, 54 er ddenly, ot Port Elgin, Onur, had droppediio 518 per cent What is needed here to help worth MacDougall' DCM of 28 Cassel} July of 1958 Road, Brooklin. A veteran of Imperial | Jul} 08. : tion of capital goods spend- e rise in the bank rate in|SUMP Canada, beloved husband of Euphemia Bat 3ise ing. Ottawa could do a great deal Dewar Paul, loving father of Malcolm bial dnd In gent, witch followed aD Inerense very inadequate tax provisions for a in the West Gers the depreciation of p'ant and ma- | ; vided some hear ammunition / 2.0 . i i the exc taxes on automobile: 12 0 GERROW FUNERAL against the inflation theme. It and oie eal gods that force the interest rates in the U.S. which >t 1 | rh | higher than the true economic Kindness beyond price, had been moving lower on the yet within reach of all. RA 8-6226 390 KING STREET WEST LOCKE'S FLORIST Funeral arrangements and floral requirements for all occasions OSHAWA SHOPPING CENTRE : 24 HOUR PHONE SERVICE RA 8-6555 {sensitive U.S. Treasury Bill rate | indicator. As has been noted here before, inflation, as a theme to the stock market, has become rather worn. Should short term mons move in any quantity to Britain lor Germany in pursuit of higher| linterest rates, then inferest rates |must rise in North America fo lact as a depressant upon both [the North American economy land the stock market. A high level of inter rest rates and a low! market could soon become a buy level needed to broaden markefs and stimulate employment. The bear markets in Canada have come a long way in the process of discounting these un- favorable factors while the grou | < Mh td group action in New York has| obscured a partial 'By Bank Of Montreal MONTREAL -- Six - hundred- discounting | and-fifty-seven young Ontario stu- that has gone on there. One can dents are in the running for the be more bearish now about New |!3 Bank of Montreal Canada Cen- York and about Toronto and, | tennial Scholarships which are to given a few bits of encourage-|be awarded in their province in ment from Ottawa, the Toronto!1960, the bank Applications for the scholarships -- each worth $750 in the first year -- have now closed. has announced. | This is the 4th in a series |n of information bulletins pub- lished from the City of Osh- awa Emergency Measures |a department. b The following is a review of a|P' pamphlet published by the Basement Fallout Shelter Advice Jems fpom radioactive fallout.|Warning-of fallout will be broad-| blankets, food, etc. lets will appear in the press, MUCH DETAIL radio and TV shortly, and will The pamphlet goes into consid-|also be published in this column. erable detail on all the above| Interested 'contractors may important subjects and with the |tain a copy on request assistance of the working draw-| Emergency Measures Organiza- ings and material lists, any cit- tion, Privy Council Office, East izen should be able to build his Block, Ottawa. own shelter or have sufficient in| Next week's column will fea- formation that will enable him to|ture the subject "Protection of get a price quotation from a re-/the Farm and Vegetable Garden liable contractor, lin National Survival", umber of Canadians is likely to|but in the path of the falout. ortundtely this danger can be|cast by radio. verted or considerably reduced| -petails on the shelter and how y the use of comparatively sim-| to build it follows with special le measures. {Expjauations on "do-it-yourself" In order that one can protect construction. The shelter can be The Ontario boys and girls are| Queen's Printer, entitled "Your himself against fallout, it explains built in various sizes to accomo- among 2208 of this year's high- Basement Fallout Shelter, Blue- something of its nature and how date up to eight people and the school graduates across Canada|print for Survival No. 1." caused. price of materials varies from competing for the first year's| This is not yet in general] The protective factors of dif-/ several hundred dollars up. ships the study of supply, but will be announced as| ferent types of building material 50 scholarships for the study ol Pply FUNCTIONAL LINES The shelter layout concentrates arts and sciences at Canadian| available at the Oshawa Post Of-/is mentioned as well as the for- It deals with the indoor type of cays rather rapidly, but points On functional lines. For example, =n U.S. Congress MONUMENT COMPANY SPECIALIZING IN Monuments, Markers Memoridls, Cornerstones universities. Every application|fice very shortly. tunate fact that the fallout de-! had to be accompanied by "the| tatutory of all types 1435 KING ST. E. Ph. RA 8-311] or RA 8-8876 | | IN MEMORIAM | SHESTOWSKY -- In loving memory of our dear father, Jacob Shestowsky who passed away July 4, 1945; and our dear mother, Anastasia Shestowsky who passed away July 1, 1940 You're not frggotten, parents dear, Nor ever shill you be; As long as life and memory last We shall remember thee. so that there ~Ever remembered by the family. SHESTOWSKY -- In loving memory of our dear father, Jacob Shestowsky who passed away July 4, 1945, and our dear mother, Anastasia Shestowsky, who passed away July 1, 1949. Loving and kind in all their ays Upright and just to the end of their days, Sincere and kind in heart and mind, What beautiful memories they left behind. =Ever rem and son My: | TERWILLEGAR._In loving memory of a dear wife and mother, Lillian Ter- willegar. who passed away July 4, 1954. Dear mother, you are not forgotten, Though on earth you are no more; Still in memory you are with us, embered by daughter Iris | Ton, | As you always were before. --Always remembered by Bert, don, and Jean. Gor. Please Note Deadlines now In effect for this column: Births, Memoriams, Cards of Thanks -- 9 A.M. SAME DAY DEATHS -- 11 AM. SAME DAY DIAL RA 3.3492 Editor, 67 Dies After Long Servic LONDON, Ont, (CP)--Edward Dodd, 67, a London Free Press editor and veteran of 50 years in newspaper and allied fidlds, died in hospital here Sunday night. Mr. Dodd began his newspaper career in 1910 as a reporter with The Free Press, rising to the position of night editor five years later. He was discharged from the Canadian Army in 1915 after be- ing wounded in action during the First World War. From then un- til 1930 he held editorial positions with the Toronto Star, the Mont- real Star, the Detroit News and the Detroit Free Press. He left newspaper work in 1930 to become «advisor to the former United States secretary of the army, Louis M. Brucker, follow- ing the latter's election as gover- nor of Michigan. Mr. Dodd re- turned to newspaper work the | following year with the Detroit Times, serving as night editor until 1937, g After four years in public rela- tions work, he joined the Calgary Herald where he was employed as telegraph editor until he re- Joined the London Free Press in 1947. He is survived by his second wi.e, whom he married in 1951, three married children from a previous marriage and five grandchildren. BUY RELIEVER WASHINGTON (AP)--Washing- ton Senators have purchased re- lief pitcher Rudy Hernandez from their Charleston, W.Va. farm elub of the: American Association. To make room for Hernandez, the Senators : assigned the -con- tract of righthander Dick Hyde to LY Miami of the 1xierugtiona] to any local building by-laws. a The pamphlet contains 12 sec-|C tions as follows: | 1. Why a fallout shelter? 2. 3. 8S shelters, it. . Life in the shelter. recommendation of the sfulént's shelter from fallout and is not out that early inthe game has|a blast protection shelter. Other when the greatest danger exists--|0Occupancy, there is a two tier hours. Research Council tion or harmful fumes generated|hinged to drop down and form a ciate| within the shelter. A prolonged back rest and the upper bunk is The scholarships to be award- able for its intended use for in-|times, but it should not be un- basement of bearable, It therefore should be acceptable would be just as great in rural/Tailway car. In back of this di- Where and when fallout|more expensive and heavier type |of construction. The fallout shel-|ing, cooking, lighting, sanitation, The shelter and how to build ler is for After the explosion, ififood and water, communication you are in an area that has not/and sundry equipment is ade- been devastated by blast and fire| quately covered. is in the shelter designed for five |bunk and a three tier bunk for |sleeping purposes. For daytime The shelter design will allow|0ccupancy, the lower bunk is used ou to live without fear of radia-|8s a seat, the second bunk is robably the first forty-eight tay iff the shelter will almost hinged to swing upwards to the ertainly prove uncomfortable at|ceiling and form blanket and | pillow storage, much in the same manner as used on the pullman The need for fallout shelters van effect is built in shelving for Many Plons and repayment schedules #o suit your budget. $50 to $5,000 Without Endorsers or Bankable Security reas as in towns, and in small|van effect is built in shelving for Loans Life Insured ommunities as well as in large..|storage which also supplies struc- It is not designed as a blast|tural members for the outer wall helter as this would require and overhead protection, Dust control, ventilation, heat- = ,PERIOR --. NANCE 17 Simcoe St. North RA 5-6541 OFFICES THROUGHOUT ONTARIO ; -- Write alr eran attaches could remember,| The measure was aimed at cut-| selection" in the high schools. lin later pamphlets. dential nomination conventions. | mier Fidel Castro. Senate Repub-| selection committees, each com-|the National passage Sunday of a bill giving Illinois told the Senate the White from universities in the prov- Committee on National Building s Cc | that Congress act promptly. ed this year are the first step installation in the (CP) -- Churhing insistent that he have a weapon ban -aided university study. The y ted unchanged today. ! Werh, Tenor y Eisenhower was reported ready nadian Confederation and the reported unchanged today. {ing that weapon. nial awards will be made. One ere reported unchanged here 10} complete its 1960 sugar quota be-|$5000 for study anywhere in the . Health and safety. quiet today with receipts ade- two-thirds of her 1960 quota of of 124 awards in the years 1960- . Action guide. |the federal department of agri- mands for cargo space to com- G. Arnold Hart, president of the 11. Additional services avail-| ' |A large 42; A medium 34; Athan $1 a ton in some cases.) [tangible and worthwhile observ-| It also contains a set of work- Butter prices: ge a ball det tenderable 63; e president 'shall determine id i HUNT TWO In the discussion on why a fall- irading: western 82% % nominal. ce of calendar year 1960 and! TORONTO (CP) -- Investors ing March 31, 1961, in such| brother, Fred James, 13, missing|. : The 1935 movie "Ah Wilder-| weekend, and no guiding hand pt also gives authority to take! province-wide search. It is be-|ness," 4 rT tts starred Lionel Barry-| odical decline amid light morn-ientitied under existing law to| Chapeau, Que., but they had not| more, On index, industrials were off i; 1960 production. in Hawaii and| YOU CAN FINISH holding their own with a gain .of The 11 a.m. volume was 539,000 Bed 9. ome iaY.| By THE CANADIAN PRESS DeESTil: 'paced myusiria You must be 17 or over and have left school. Tells share; year. ended April 1, AMERICAN SCHOOL, 100 DUNDAS ST. WASHINGTON (AP) -- After|ity he demanded to cut imports principal, the longest Sunday session vet- of sugar from Cuba eady been considerable "pre-|types of shelter will be discussed p: Congress headed today into ating off U.S. jintis-from the anti-| pina] selection will be made| The design of this particular month-long recess for the presi-| American regime of Cuba's Pre-\in August by the ten provincial|shelter is the result of work by y: An all-night wrangle preceded lican leaders Everett Dirksen of posed of leading educationalists|and considered by the Asso | President Eisenhower the author- House has information "which we| nces concerned ode to be structurally accept-|c | do not possess" making it urgent MARKET PRICES WANTS WEAPON : |a seven-year plan announced by|dwellings for emergency use only. | He said Eisenhower was "quite/the B of M in May to provide cP RONI0 butter print prices to deal with the situation," which program will culminate in 1967, I he did not outline further, | the year of the centennial of Ca- TORONTO (CP) -- Wholesale | to call Congress back into special | bank's 150th anniversary, when fruit and vegetable prices were session if it quit without provid-|iwo fina: B of M Canada centen- . 3 Action before the convention re-| award will be in arts and one in| TORONTO (CP)--Potato prices cess was demanded lest Cubalscience -- each in the amount of ay. |fore August. She already has| world. . Leaving the shelter. The egg market was reported shipped to the U.S. more than| The scheme provides for a total . Build it now. quate for a light demand. 3,119,000 tons. : 67, ranging from $750 to $5000. . Shelter supplies. Country dealers are quoted by| (Reports from Havana said de- When the plan was announced,| 10. Food and water. | culture on Canada grade eggs, | plete the quota shipments quickly B of M, said the bank hoped the able, : delivered Toronto, in fibre cases: had boosted shipping rates more scholarships would provide "al 12. Building materials, {small 25; B 24; C 20. Here is what the measure pro- | ance of the national centennial to| ing drawings. " ): A i a | t € Canada, first| vides: the future national advantage. | RATOACTIVITY grade: Ontario : ra oto mine! g 3-62, in li Er uota for~C | I | non tenderable 613-62 in SO Sion e quo uba for the LIE EaTS caine out shelter. It is' explained the for the three months period end- Wilma - Bowers, 14, and her greatest danger to the inc found there was no news of com-| amounts as he shall find . . . to/from their home here since Wed-| GREAT TRIO f mercial 'importance over the pe jn the national interest." nesday, now are the object of a| d adapted from the only from New York today, so therom Cuba the 15¢,000-ton extra lieved they may have gone to the comedy Eugene O'Neill ever stock market continued its meth-|cy0ta to which she would be/home of their grandparents in|wrote, A Wallace Beery and |ing trading. make up for anticipated deficits|arrived there Sunday. | Mickey Rooney. 1.06 at 486.94 and golds slipped art i 47 at 74.88. Base metals were Puerto Rim, 11 at 153.27 and western oils iL Fp Si, wid" STOCK MARKET HIGH SCHOOL compared to the 414,000 shares NET EARNINGS traded at the same time Friday. | AT HOME IN SPARE TIME General Bakeries Ltd., year ended April 6, 1960: $251,486, $1 for FREE 55-page High School booklet today. you how DESERONTO, ONTARIO. Send me your free 55-page High School Booklet. |losers with a two-point drop at |15, with Beaver Lumber off a |point at 21. Bathurst Paper B| {= n ge : . an : 1959, $239,832, 96 cents. gaind 2 Fog Tat ¥ Sim-| "rironto and London Invest- GE ol ment Co. Ltd., year ended March lo-Huron red § oly a, Soni 31: 1960, $341,655; 1959, $326,195. jump at $7.30. Hudson Bay wen! Westcoast Transmivsion Co. ahead % at 44%. and Noranda Ltd., year ended March 31: 1960, > SE ETEY net loss $915,794; 1959, net loss $1,278,925. among senior uraniums, Gunnar G H. Wood and Co. Ld, year zained five cents at $7.25 and ended Dec. 31: 1059, $206.917, Denison lost five cents at 08.65, 37-47 a share; 1958, $19,058, $6.99. gained % at 37. Western oils were quiet 3 = Name. Address Hollinger was off % at 22 while, | Family Finance Plan The modern approach to your 70 2 MILLION CARADIANS Personal Credit Needs is witha low-cost B of M Life-insured Loan WORKING WITH CANADIANS IN EVERY WALK OF LIFE SINCE 1817 FR.68 a ES ------ HARRY'S «=: RUDY'S ONTARIO | BARBER SHOP NOW OPEN AT 9 BOND STREET E. Oshawa's Most Modern Barber Shop 9 BARBERS « « . specializing in men's, child- ren's and ladies hair cutting and styling. No Waiting Appointments Arranged PHONE RA 8-2031 STANDARD OSHAWA PRICES "RUDY"* SECERBEGOVIC Rudy is @ native of Yugoslavie. His eleven yeors of batbering end heir dressing experience were gained in five European countries before coming te Canada In 1958. During his two years harbering in the Oshawa area he hes pained many custom d friends and invites each and every one to visit him in the new location. HARRY ROSS Harry has been a resident of Oshawa for the past 2 ears with his own barber shop on Bond St. E. He is qualified as an instructor in men's and ladies' hair styling with 25 ye: of experience, Harry is a Past President of the Ontario Barbers' Association and has served on the Provincial executive for many years.

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