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38 THE OSHAWA TIMES, Soturdey, June 1, 1963 19 Weekly Summary Of Stock Market Activity; o --------This Week 1968 Stock Sales High Low Close Ch'ge High Low GS Wares 9700 $13% 12% 13% +1 GS Wares pr 154 9 9 +2 Globe A eT BIS WOO km _m Bales High Low Glove Oh'ge High L 13300 hh Th---w 0 3B +2 $16% 16% iu % By The Canadian Press " Labor Peace Hopes a Decliries outnumbered advances by 372 to 313 on < . : the Toronto Stock Exchange this week. Issues un- ' iq 3 changed totalled 220. $92 tants Volume for the week was 15,206,968. shares, up 1335 $11% 11 11 et : LJ s from the previqus week's 13,240,479. Total sales for 55 $141 140% 141 : 364,351,547. ( ia 200 $48% 48% 48% cents pr $). $64 6% 2427 $20% 19% --------This Week -------- 1968 Stock Bales High Low Close Ch'ge High Low Westcoast 1704 $15% 15 154+ % 16% 13% 3190 $14% 144 14%4---% "W% 139 $134 13 %+ % 13% 12% 750 140 1 140 145. 65 20% 20 2 30 «(bh $19 18% 18% --% 19% 16 ee 41 41 36% 105 «(105 210 70 20% 17 ge Le +4 1 ESPeo The cost of living in April re- - NEW YORK (AP)--Hopes for; Leading sugar refiners began ACTIVE TORONTO STOCKS 35 si 4 | | | " labor peace in the United States -gteel industry sprouted higher ' this week. And it was a week in which ick ae stock but Wall Street ig- e occasion. about the possibil- teel labor settlement -- a background of between representa- the United Steelworkers cing companies. Steel magazine said negotia- are on the verge of a set- it that would give the un- an extended vacation plan a > ad extension of the Age - Magaine reported Tron @ "strong possibility" of a set- tlement. An agreement would avoid reopening the contract for wage negotiations, If there is a re- the union would be free to strike 90 days later. Liquor Boss Denies Charge man, chief commissioner of the Ontario Liquor Cgntrol Board, said Friday conflict of interest allegations by a Toronto news- paper columnist were "false and malicious." Ron Haggart writes in his col- umn in The Star that Mr. Gross- man's wife, Ethel, is president of a company that owns 4,760 shares' in he Seaway Hotels Limited chain which operates four cocktail bars, three restau- h + =| reducing prices for the first time since the upward spiral started in October, 1961, Their action came after an official of the agriculture 'department pre- dicted a bursting of a specula- tive bubble in sugar prices. The increases had caused boosts in the price of some foods using sugar and in retail price. : The stock market took the an niversary of the 1962 crash-- worst since 1929--in stride. It continued to remain in a con- solidation phase after having more than made up its losses in the last year. The economy continued to show signs of improvement. In the building field, con- {tracts for future construction elimbed to $3,982,605,000 in April from $3,860,460,000 a year ear- lier for a gain of three per cent. mained at the record level of March. A decline in the price of meat, poultry and fish was offset by an advance in the cost of fruits and vegetables, The la- bor department said indications are that the consumer price in- dex will remain at current level for several months. As a result of the advance in the index from Jan. 15 to April 15, about 1,000,000 workers in the automobile industry will get a one-cent hourly wage in- crease next week. | Automobile production for April was expected to exceed 700,000, This would be the first time in history that sales topped 700,000 in two consecutive months, Steel output rose last week for the third week in a row, posting a .8-per-cent gain over the previous week. Mills turned out 2,626,000 tons. . OTTAWA (CP) -- Former prime minister John Diefen. baker has let it be known to all and sundry that he fully expects to be prime minister again, and intends to prove his worth on that score to his party during the next nine months. Conservative party sources say the opposition leader real- izes that a slow and painful process of rebuilding party un- ity and popularity must be un- dertaken, and that it has al- ready started, Mr. Diefenbaker, whose pol- itical- talents within the party and in the country at large have een di trated especially rants 'and several quet rooms in three west-Toronto ho- tels. Mr., Grossman in a prepared statement denied that he, his wife, or any member of his fam- fly is directly or indirectly in- volved in the sale of liquor, "The statement that my wife shag an ownership interest. in four cocktail bars' is false and malicious. "My wife has a majority of shares of Sularden Develop- ments Limited which has a mi- nute interest (1.4 per cent of to- tal shares issued and outtand- ing) in the Seaway Hotels Lim- ACQUIRED INTEREST "Sularden acquired interest in the Seaway Hotels companies| long before I became a member of the cabinet or chief liquor commissioner. By no stretch of imagination can this company be considered to be in the cock- tail bar business." The Liquor Control Act, ad- ministered by Mr. Grossman, states that no member of the board nor any employee shall engage directly or indirectly in any business dealing with l- quor. Liberal Party Leader John Wintermeyer said in a telephone interview from Sault Ste. Ma- rié, Ont., that Premier Robarts must take charge of an investi- gation immediately and if the allegations are true Mr. Gross- man should resign or be re-| moved, Ontario New Democratic Party Leader Donald C. Mac- Donald called for Mr. Gross- man's resignation and said the liquor commissioner is in con- flict of interest with his duties. Premier Robart was unavail- able for comment. when he and the party have found themselves. the underdog, knows also that he has a per- sonal fight on his hands. The next annual meeting of the Progressive Conservative association will be held in Jan. uary, 1964. Last January there were rumblings within the party against Mr. Diefenbaker's con- tinued leadership, but they did not come into the open at the meeting. Withi eeks of the meeting, hewéver, the Diefenbaker cabi- net was riddled with resigna- tions, some rank-and-file MPs dropped out of the election race, and it was generally agreed that only Mr. Diefenbaker's personal drive returned the party to Par- liament with @ creditable show- ing even though it lost control of the Commons and had to re- sign in favor of a Liberal mi- nority government, CONVENTION IS QUESTION When the Conservative part gathers next January, the ques- tion which now appears likely to head the agenda will be should be called. Normally, a leadership con- vention would be called only at the request of a retiring leader. arring a complete breakdown of his health or some compara. ble circumstance, Mr. Diefen- baker does not intend to make that request. Moreover, his friends and supporters say, Mr. Diefen- baker intends to demonstrate that under his leadership the Conservative party is still a | force to be reckoned with in the |House of Commons. It was as a |result of his attitude that the Conservative backbenchers as whether a national convention|i? Dief Tells World He's Future PM well as former cabinet ministers began this week to concentrate on labelling the new Liberal government as arrogant. The charge was voiced fre- quently either in formal debate or in cross - fire interjections during the daily question period, and some Liberals confided they are disturbed. It is a label that is not easily countered by any party in power and an appelation that can be drawn to any govern- ment spokesman who isn't care- ful of even the tone of voice he uses in the Commons. Industrials Set Market Record High TORONTO (CP)--Industrials climbed sharply to set a record high during quiet activity on the stock market Friday. Although it was the first day this week that industrial index changes were more than frac- tional, the trading volume was extremely low and only a few issues moved higher with the trend, Among motors, Chrysler, jumped four points to a new 1963 top of 68, U.S. Ford climbed 14% and General Motors rose 1% to a new top of 79%. Other chief gainers included Algoma Steel, Interprovincial Pipe Line, Canadian Celanese, Canadian Utilities, Industrial Acceptance and Abitibi, all up a %-to-% range. Distillers Seagrams rose 1% to 52%. Featured losers were Canada Packers B, down 1%, and Hayes Steel and Ford of Canada, both off a point. On index, industrials ad- vanced 2.67 to a record high of 647.96, golds climbed .44 to 87.30 and western oils rose .47 to 124.55. Base metals slipped .67 to 215.00. Final volume was 2,802,000 shares compared with 2,510,000 Thursday. Base metals were lower throughout the session with No- randa losing %, Hudson Bay Mining slipping 4 and Craig- mont ¥%, Falconbridge rose % to a new 1963 high of 6514. The Oshawa Civic Auditorium Committee THANKS UDAILLE INDUSTRIE PRODUCTION EMPLOYEES -- For their splendid public spirit which moved them to contribute $17,563 89% of production workers contributed more than $50 each to the Fund. "Lel's Build It Ourselves -- For Ourselves" WEEK'S MOST By 700 75 * 10762 $31% 130 $1 The Canadian Press ----This Week. 1963 Sales High Low Close Ch'ge. High low INDUSTRIALS 58117 $20% 18% 18% --1% 36552 $31% 30% 31 ----% 33172 $21 30763 §; 20% 13% 31% 2% 20% 20% -- % 29%, 28% 29% + % 27804 $24%4 23% 2% +% UM% 19 OILS "4 37 © +1h & 30% 24 --6 12% 3 16 64 7 --I 310 1S 3 » 20% 15% 407100 74 «58 68 370085 15 13 Industrials A and B 8984 $454 Hu 45% + % soo 145 135 140 575 23 330 365 «(380 +20 12 270 2600 «+15 7 1 --4 3% 31% + % 09% 109 109 --% 3554 915 900 910 +10 1170 $19 16% 1%-- % 352 .$24% 23% B%--% 1057 690 690 690 10368 $59 56% 57%-- % 2615 $10% 10% 10% + % 20075 $28% 27% 28% +% $22 22 2 --1 760 $49 «48% 48% MO 140 140 +5 $53% 53% 53% 16% 12 2 52% 52 (52 9% 20% Ww 1666 3% B%Y--% 20 $102%4 102% 102% + 100 480 480 480 + 40 46 #9 -6 5625 $684 67% 67 --% $2 24% $13% 13 10 110 165 325 $59 $69% 68% 6944 + % $27% 26% 27% + % 354% 53% Se + Ve 6. 6 SKC 480 475 480 +5 $87 8 «687 )«6+1% 87 235 205 235 +5 265 080 $59 58% 58% + $11% 11% 11% + % $% 6% 6% 285 205 285 +8 335 325 30 $10% 10% Wh+--% 6 6 62 --3 56% 6% 6% + % 7325 265 235 240 --10 1035 $10% 10 10 --% % Acad Uran Agnico Akaitcho 5300 All PitchOre 61072 Am Larder 1050 ry Base Metal Baska B-Duq Belcher Belleterre Bethlm Bevcon Bibis 2000 72550 4300 15183 ¢ 15620 Bidcop Black Bay Bouzan Bralorne Broul Reef Brunswick 2000 485 480 460 465 ---S 5) $16% 16% 16% + % iz 15 15 --3 814% 73% 74% --1 315 323 --5 4186 350 LtoN $17 «16% 1%--% 87% 7 h+ 7 7 66 66 666 336 (315 «(325 270 260 265 +8 1. 72 35% 16% 16% uu 77500 1% 106 101 «107 4. 4 41 mh Th Th 6 5% 5% 127 120 127 4 10% li*--l% un 10% 10% 9 8 1500 6... 55 6 $1l% U% 11% oO 3 . 33 8 136 «(131 6 3o = ~ ea CWN Gas pr 628% 28% 28% 16% 17% +1% 16% 17% +1 20% 20% --% 35% 354 ---2% 2 «2 1435 957% 57 57% +1 25 $108%s 108% 108% +1% 91 $97 96% 94 +% 3257 39% 9% 450 87% 7% C and D 2130 65 60 4910 $23% 23 $14 $850 $10 9% o%--% $ll% 11% 11K%--% $5453.53} Some 1018 10% -- 3 =% 2085 240° 225 235 --10 235 225 235 --5 S14 13% 13% -- % 967 66% 67 1% Wu+ hh 1l*k#--% $38% 37% 4267 $11% 11 460 475 37% 7% ™h-- % 59% % Whe +% 338 37% MhH-- 44 1 20 2 11033 $18% 17% 18% + 6641 967% 66 66% -- % 5194 $10 9% 9+ % 4328 $16% 18% 5% --% 175 $83% 83% 83% + % 1425 475 440 460 +35 500 36552 $31% 30% 31 --% 2381. $11% 11% 1K%--% 692 $28 27 B+ 642 335 WMA HB +% 80$101 100 100% --% 50 $864 86% B64 + % 200 $19% 19% 19% -- %4 $2 2554} $20 2 20 $16% 16% l64%--% CWN Gas 5% 150 $21% 21% 21% +% 2 BB C Westing Bldg pr Bidg w MS Paper Gas Ga sA Gas B 175 $28% $5% 5 360 350 $67% 67% 67% $16 16) 16 463 $68 » 62% $8% 8 30 335 81% Th $9 9 --% --20 1690 sn 9 . m Me 9% +% 422 $8% 8 8%e--% 11213 625 600 6255 +15 17359 826% 26% 26%--% 8400 $40% 38% 404+ % 27804 $24% 23% 24 + % 120 $107% 107% 1074 -- % 30 $107% 107% 107% -- % 500 67 6245 $13% 12% 1358%+ % 17846 $22% 21 21%--% u5 us --3 $15% 14% 44-3 * ese | pase | 85 $50 50 50 mH $16% 15% 15% + S19% 18%18%--% 2 $3% 3% Be + % 502 820% 19% 19% -- % 10 $1464 146% 146% +1% 300 $11% 11% 114--% 710 $30 $0 50 833 $42% 41% 42% 4+ % E to K 1675 39% %% M--%% 75 S1v% 51% 51% +1 198 $38 37% 38 745 $13% 138% 1344 % f ™%--% 1070 $10% 20% 20%--% 225 $26% 26% B4--% 100 435 435 435 50 $70 «6969 983 8% 320 $204 2% 0%4%-- % 200 87% Th M--'% ~~ 8 272 $104% 104 104% 115 $107 107% 107% 3 13% -- % T%-- MV 79% +4% 81 » - Met Stor pr Mex LP pr Mid-West Milt Brick M Cont A Molson A Molson B Mon Foods Mont Loco 6450 325 235 300 435 31% The Th--V 150 $23% 23% 100 $12% 12% 12% 17070 2% 205 210 --8 2282 365 350 350 --I5 300 $16% 12% 12% i 28% NQ Pow 1 pr Nor Phone Nor Ph w NW Util pr NS L Pp Ocean Cem Ogilvie Ont Loan Ont Steel Ont Store F Oshawa Overland pr Pac Pete Pac Pete w Page-Hers Parker Pboina » Reichhold Reid Litho pt Revelstoke Revelstoke pr Robertson Rockower pf Rolland A Roth: m. 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