Ontario Community Newspapers

Oshawa Times (1958-), 11 Apr 1962, p. 24

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Today's Toronto Stock Market Listings TORONTO 11 A.M, STOCKS By The Canadian Press Toronto Stock Exchange--April 11 (Quotations in cents unless marked $. tot, xd--Ex-dividend, Rig rights, xw--Ex-warrants. Net change is; from 'previous board-lot closing sale.) INDUSTRIALS 11 Net Sales High Low a.m. Ch'ge $45% 45% 5% + % Stock Abitibi AltaGas AltGas B pr 10$1 AltaGas w 215 $ 100 00 Une 13% 16% 53% 28 314 9% 8% 25% 22% -- %) 30% -- Mi) 330+% 87 +2 | 80% -- % +h ---% +% +% +% Can Cem Can Foils A 5) Cl F 4% 223. Can Malt 56 | 85% + % %| 1540 100 200 600 390 26) 850 300 4 10% --~ 10 Cdn Can A c¢ Chem w CGas In w 144+ % . ue | +5 | + %) | 615 21% 19% 15 48% 2% 300 D Bridge xd 200 Net Sales High Low a.m. Ch'ge 55 Sis 13 55 64% +" 10 Btock 12% +% DM zo 250 Dom Stores 625 Dom 'Tar Du Pont ly A Exquisite Fleet Mfg Ford (US) Gen Bake G Dynam GP Drill A 250 1055 3205 375 213 250 130 1600 Horne Pf Imp Oil Imp Tob Inc Accep Ind Min Inland Gas Inland G w Int Nickel Int Util Int S11 P Inv Syn A Jock wits Jockey rts Kelly DA batt 5% 54 16) +10 1% 81% + % 4 44 190 1 t land a See Lau F 125 Levy Levy pr Leland Log G 1p MB PR M Lé Mill Mass-F Met tores M Cont A Molson A 3a + % 8 e 7 | Vestfair 4| Weston B 4} Wstn AjAeme Gas Stock St Maurice jalada F Salada F w 90 jelkirk A 160 jaowin xd = 208 Slater Steel 400 steel Can 1344 Tor-Dom Bk 112 Towers wts 309 fT Fin A 1025 i Fin 4% 215 $101 ar Can PL 1518 $24% "rans-Mt 250 'rans PPL Jn Gas fendomat vak GW VCoast Tr iCoast vt Vesteel 105 $14% 850 450 $23% 300 0 $85% $564 345 100 100 100 23 223 4% pr 25 Zenith 300 1135 220 3 $40% Zeller's 1000 1450 25 1800 2050 400 500 439 Bailey S A Bailey S pr Banff C Chiefta C Delhi Cdén Lev C Ex Gas Cent Del C Mic Mac Fargo Glacier Home A Home B H B OU G Jump Pnd Long Point t ;|N Concord + % +% 163 $8 4 $1it6 100 $14% 1 $22%4 2 300 Fd | % + Y%|Weburne 21 |N Cont jPac Pete 2 Un Oj {Un Reef P 7 Wstates 575 OILS 105 23% 4% 65% 345 $50%° 5 21% Me 14% 37% 21% 1% 57% 18% 17% 9% 38 21% 40% 450 11 Net Sales High Low a.m. Ch'je 103 4% Ye 850 8 +5 14 50 5 23% -- % $13% 13% 13%+ % 85% +1% 6542 + % 2% + % 44+ % 37% 214-- % 1% 57% 18%+ % 17% + % 9% -- 38 21% $9844 98% 2% 395 390 395 +5 40%4-- % $1l% 11% 11% 3505 OHS | wes Frobi: 11 Net Sales High Low a.m. Ch'ge 300 118 118 118 +3 1000 233 3 +1 MINES Abacus €500 33 Acad Uran 1000 Amal Rare 410) Anacon 533 Anglo Hur 800 Area 500 Arjon 20200 4 Arcadia 21520 A Arcd Bw 3900 Atl C. Cop 1109 Barnat Bethim Bibis 3Bideop Black Bay Bouzan Bralorne Buff Ank Cc Dyno C Silica Cdn NW Stock W Decalta Windfall 102 109 109 8h 8% 8% $12% 12% 125% 193 183 190 + 18% 18% 16% 6 2 2 Cassiar Cent Pat Chib-Kay Comb Met C_ Discov CG Arrow C Halli 32% 32% -- 4) 11 Net Sales High Low a.m. Ch'gt 825 810 835 840 1030 $231 27% 22% +1 500 570 565. 565 --S 1200 127 125 12% --1 185 185 185 9% 9 24 50--«(«S 4% 4 14 9% 9% 9% 12% 12% 12% $49% 49% 494--% 6 6 Bb +% 6 63 6 --1 55 55 8S +1 Stock Kerr Add Lab Min Dufault Mentor Meta Uran Min Corp 6 14% Mt Wright 7 79 --1 iz --S 5% 22 0. 34 $14% 1456 | Pie) 116 5% 5i% 22% 22% 8 8S = 8B 22% 22% 22--% 3 35 635 12% 12% 1244 % 145 (145 (145 64 6% 64+ % 283 283 --10 00 283 33 655 645 645 C Mosher Conwest 4|Cop Corp Craigmt D'Eldona Delhi' Pac Denison Dicknsn Donalda Duvan East Mal East Sull 5 sher Geco Mines Glenn Uran 1 Goldale Joldray Hollinger Hud Bay Irish Cop Iron Bay {Ise Jellicoe Jonsmith Loggers Taxes Change Offered OTTAWA (CP) -- The fed- era government will go two- thirds of the way toward re- moving double corporation in- come tax on Ontario and Brit- ish Columbia logging firms, Fi- nance Minister Fleming said Tuesday night. | He invited the two provinces/removing the existing tax dis-|Canada Packers B, up one point} to go the rest of the way. The federal step--a tax credit of two-thirds of the provincial tax on logging income, up to a maximum tax rate of 10 per cent--was offered conditionally last year. It depended then on B.C. and Ontario granting the other third. Companies in the two prov- inces have been the only ones subjected both to the federal and provincial corporation in- come taxes and.a provincial tax on logging income. Mr, Fleming said.the "un- ique". federal concession may cost about $3,000,000 over a full tario and B.C. logging firms could claim their provincial tax on an expense in calculat federal income tax, they still) most of the day, the stock mar-| lesed with a rally|? which boosted all sections above | Great Le carried a heavier tax load than other indusiries. Mr. Fleming said the federal step 'will go a long way toward crimination of forestry indus- try corporations, irrespective of any action which the provinces may take. hoped they will, the discrimin- a Stock Market Rally Boosts All Sections TORONTO ket Tuesday Monday's levels. (CP)After strug: Industrial le aders included and imperial Oil, ahead 3g. Al- goma § On index, industrials gained) Buffalo is the first U.S. Great. Steel-dropped 34. BUFFALO (AP) -- A serious loss of overseas shipping via the St. Lawrence Seaway appeared possible Tues Buffalo as lines connec kes and Mediter surcharge o loadings. The surcharge to shippers out of Buffalo will be 10 per cent ship lines' pub- ive June l. jabove the stea lished rates, effe ay for the port of} Im lan N Algom |Ryanor 1 | nt 184 182 184 2% 24% 24% 41 5 400 405 Sales to 11 Foreign Shipping Loss Possibility William Townsend of the Lan- leaster Steamship Agency said lsuch a development, plus possi- ble surcharges on imports as would further cripple the | Canadian Debts Of $3,345,000,000 ITTAWA (CP)At the end of uary Canadians owed $3,- % : 54 to 620.08, golds .04 to 86.32,/Takes port to be placed in a _ "Moreover, if the provinces|hase metals 1.49 to 205.85 and|surcharge category by interna- imposing a logging tax supple-|western oils .39 to 116.86. Vol- sl i ment our tax credit with a cre-|ume was 3,293,000 shares com- dit of their own, as it is to be|pared with Monday's 2,834,000. surcharges. Falconbridge and Interna- ation wil be removed complet-|tional Nickel were strongest in ely," jbase metals, rising 1%4 and one|can Great Lakes-Mediterranean| He said the reason he pro-|point respectively. Consolidated poses a two-thirds tax credit is|Mining and Smelting dipped % that the federal corporation in-|and come tax is about twice as large|Speculatives a$ the provincial logging and/gain 10 cents to $6.55. income taxes combined in On-| Hudson Bay Mining %. saw_ Northgate jtional shipping lines. iCanadian ports operate under | The extra rate for loadings jwas announced by the Am |Freight Conference, represent- jing 11 lines. Several! $45,000,000 to finance compan- tores and banks on the pur- chases' of consumer goods. Tne bureau of statistics said today this figure was down 0.8 per cent from one month ear- lier. Average weekly wages in manufacturing rose to $75.47 in January from $72.85 in Decem- Shipping agents here fear the) ber. In the same period aver- moye could lead to,similar. sux, charges by other conferentes iseas areas, page lidurly earnings fell to $1.86 jfrom $1.88 and the average work In western oils, Calgary and|for cargo headed to other over-|week lengthened to 40.6 hours {Edmonton added %4 from 38.8. year and perhaps $1,500,000 in)t@tio and B.C. the current fiscal year. He reviewed the backgroun of the situation and efforts to} reach a solution. He had tried earlier this year to arrange a meeting among the three gov- ernments and the industry but! "owing to the position taken b B.C. it was not possible to choose a date . . . satisfactory | to all the parties concerned." | The double-taxation situation|# became possible first in 1947 un-': der the federa-provincial tax sharing agreements. While On NET EARNINGS | By THE CANADIAN PRESS | Consolidated Building Corpor- ation Ltd., year ended Feb. 28: 1962, $1,438,326, $1.22 a share; 1961, $1,202,198 (no figures avail- able for share earnings as com-| pany was then privately owned). | Fluor Corporation Ltd., 3 mos. ended Jan. 31: 1962, $333,271, 39) cents a share; 1961, $342,704, 40 cents, Greening Industries Ltd., year) ended Dec. 31, 1961, $161,231, 28 cents a share; 1960, $50,372, nine | cents. Holt, Renfrew and Co. Ltd., year ended Jan. 31: 1962, $351,-/ 421, $1.76 a share; 1961, $301,- 250, $1.51. | Viau Ltd., year ended Dec.| 31: 1961, $259,428, $1.11 a share; 1960, $308,984, $1.32. | Westburne Oil Co. Ltd., year| ended Dec. 31: 1961, $48,851, one! cent a share; 1960, $90,480, 1.8, cents. DIVIDENDS | By THE CANADIAN PRESS | Cochenour Willans Gold| Mines Ltd., 7 cents, June 21, record May 31. | Dominion Scottish Invest- ments Ltd., pfd. 62% cents,' May 31, record May 17. Loblaw Co. Ltd., Class a 4) 1-16 cents, Class B 4 1-16 cents, | pfd. 60 cents, June 1, record) 1-16 cents, Class B 4 1-16 cents, | 'd. 60 cents, June 1, record ay 9. Loblaw Groceterias Co. Ltd.,' common 70 cents, 2nd pfd. 70) cents, pfd. Series A 37% cents,} June 1, record May 9. | Rapid Grip and Batten, Cass) A 15 cents, July 1, record June} 14. Class A 15 cents, Oct. 1, rec-! ord Sept. 14. } ANNOUNCE CONVENTION | TORONTO (CP) -- The fifth triennial convention of the De-| partment of Veterans' Affairs Employees' National Associa- tion will te held here April 30- May 3. Delegates from across Canada wil! be attending the| meeting, with Col. G..L. La londe, deputy minister of vet-| erans' affairs, addressing a) Plan Revealed To Bring News To All Areas UNITED. NATIONS (AP)--A vast United Nations papers and radio to the most remote villages of Asia and Af- rica within the next 15 years program |< designed to bring daily news- General Assembly. The cost of the plan. was esti- eign leans, investments ives, was laid before. the Rights Commission M ny. The plan was presented by Tor Gjesdal, mass..eammunica tions chief of the UN. Educa tional, Scientific .and Cultural Ig a_ set. Organization, who reported on a three-year survey carried out at the request of the 104-nation mated at $3,400,000,000 -- about 30 per cent to be raised by for- and grants and the rest to be fur- ed by the countries them- The minimum aim of the pro- gram is to provide 10 copies of daily newspapers and five radio .Human'receivers for every 100 inhabit- Z '- lants in any country. Efforts are being made to develop radio re- .jceivers which can be sold for THE OSHAWA TIMES, Wednesday, April 11, 1962 23 Buy Canadian Moves Urged OTTAWA (CP) -- A further move to encourage foreign- owned companies operating in €anada to place their fire and casualty insurance with Cana- dian firms was announced Tues- jday night by Finance Minister Fleming. The problem is created by for- eign corporations carrying on business in Canada, and Cana- dian corporations which are controlled abroad, which ar- range fire and casualty insur- ance on their Canadian opera- tions through agents or brokers outside Canada. Last year, the government imposed a 10-per-cent tax on the premiums paid in Canada to insurers not authorized 'to transact the business of insur- ance in Canada. se | Mr, Fleming announced the 10-per-cent tax would be applied lto premiums paid insurers auth- orized to transact business' 'in Canada but. who make or renew the insurance through an agent or broker outside Canada. A&P FANCY QUALITY TOMATO JUICE 28-FL-OZ TINS Reg. tin 27¢c -- SAVE 4°99. Reg. tin 27¢ -- SAVE 9c Steck Up and Save During ANN PAGE (3 VARIETIES) BEANS wm PORK 9c A&P's Canned CHOICE QUALITY Foods Sale! A:P TOMATOES 28-FL-OZ TINS 4. Reg. 2 tins 47¢ -- SAVE 85: 9c Franco-American (In Tomato $ 9 pa eyes SPAGHETT Canada Choice Halves A&P PEACHES A&P Choice Columbia RASPBERRIES auce) Reg. 2 tins 37o---SAVE ile 6 15-fl-oz tins 99c Reg, tin 23e--SAVE 7e 4 20-l-oz tins 8 5c Reg. 2 tins 59e--SAVE 196 4 15-fl-oz tins 09% Henley Choice Reg. 2 tins 49e--SAVE 9e BLACK CHERRIES 4 :151021in 89c Green Giant CORN NIBLETS Libby's SAUERKRAUT Reg. 2 tins 39e---SAVE 90 5 14-fl-oz tins B9c . Reg. tin 23---SAVE 7e 4 28-fl-oz tins 8 5 c BLADE BONE REMOVED LADIES' HI-STYLE HANDBAGS Beautiful Bell-Shape Straws at BUDGET Prices 4.99-5.99 CHIC & CHARMING "CLOCHE" (bell-shape) hats, and trim pillbox styles cre featured ct Zeller's in the season's new bulky Straws. Flower ond ribbon trims. White, black, ond dozens of spring-fresh colours. ZELLER'S OWN BRAND "QUALITY LANE" NYLON SIMPLEX in such beautiful soring colors as aramint, laurel pink, violet, beige ond white, These gloves are styled to augment any wardrobe in sizes 6% to 7. If you're in the market for a new handbag to complete that Easter ensemble, Zeller's should' be your first stop. Choose from the most complete assortment in town, including black and white patent, soft mellow and luxurious calf in every size and style imaginable. Priced to suit your budget. NO DOWN PAYMENT ...... Young Styled Hat & Bag Sets Any little girl would feel like 7 a princess, Easter Sunday, wear- ing this dainty hat and bag ensemble, Handbag is umbrella shaped and accented with lace- drawstring © closing white plastic handle --- matching rib- bon and lace bandeau. LADIES' NYLON SIMPLEX GLOVES In assorted 'styles, all wrist-length with inside stitching. Styles includ- ed are bath plain and embroidered with or without cuff. Available in sizes 6 to 8, 1.99 DOWNTOWN 21 SIMCOE ST. S, PHCNE 723-2294 SHOPPING CENTRE 226 STEVENSON RD, S. PHONE 723-2209 BLADE or SHOULDER ROAST MEATY T A&P Super-Right Quality Government Inspected Meats SHORT or CROSS WELL TRIMMED 57. RIB ROAST Fresh Shoulder Beef Choice Quality, Skinless, GROUND CHUCK Super-Right, Brown 'n Serve, All Meat, 8-oz, Net SAUSAGE PATTIES 1039 Smoked, Cooked, Picnic Style PORK SHOULDERS SLICED BEEF LIVER b59c b39%e b39c e PRIME RIB ROAST storrcur 167% Shopsy's, Mild Cure, Vac Pac CORNED BEEF Liver and Bacon BURNS CHUBS Allgood, Smoked, Sliced, Rindless SIDE BACON Snowbird Brand HADDOCK FILLETS b7 9c b4Qe tb pks 5 Fe 16-oz pkg 3 7c RED SPANISH, NO. 1 Ontario Growns Atmosphere Storage Long Green No. 1 Grade ASPAR California, No- 1 Gr ICEBERG California, Snow White, La Cello Wrapped ade, La P.E.1., 'No. 1 Grede, Table POTATOES N tow: Crop, No tenenia, New? Cropy California, © Supplies for den ag ss Seed, P Bushes, Gra Bulbs, Fertilizers, FRESH FRUITS & VEGETABLES 89 Fancy Grade, § MciINTOSH 4[b cello bead OE AGUS LETTUCE CAULIFLOW FRESH DATES and Peat Moss. GRADE, JUMBO 9's PLES Controlled b29 each 19 No. 1 Grade, each 35¢ o Limit) 50-lb bag 99 . 1 Grade 12-02 cello bag 29 € See oman anting - *- Rose Shrubs, Holland rge Size 24's rge Size 12's Stock (N Spring pl eony Roots, Sane. Parkar BAKERY SPECIALS dane Parker, Large ANGEL CAKE Reg. 550e---SAVE 16c eath 3 Gc dane Parker CHERRY PIE dane Parker (24-OZ PIE) Reg. 59c---SAVE 10c each 49 Reg. loaf 2ic--SAVE 7e BREAD crackin wurat 2 24-02 loaves 3 Se Success Krystal Klean (9c Off Deal) Reg. 63c--Save an Extra 4¢ FLOOR WAX uc 27c Off Deal KING SIZE CHEER 16-fl-oz tin 5 9c box 1.19 POPULAR BRANDS CARTON OF 200 SPECIAL THIS WEEK CIGARETTES 3.09 Reg. 3.29 SAVE 20: a) "Ss All Prices Shown tn This THE GREAT ATLANTIC & PACIFIC TEA COMPANY LTO. Super Markets # ARP MEANS DEPENDABILITY Ad Guaranteed Through Saturday, April 14th, 1962

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