Ontario Community Newspapers

Oshawa Times (1958-), 16 Sep 1964, p. 7

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'7 THE OSHAWA Times, _Sesten Seren 1,164, Metro Market Slips Slightly, Trade Even mathe in a hate lec in moderate trading Tuesday with specula- tive action heightening toward the close, Losses were mainly fractional, but a handful of is- sues scored impressive gains in 2 a" ; e 'op was caused profit-taking after last Teles record-breaking rise, No one group led the fall, but drops seemed scattered across a wide front. Typical among slipping issues were Great Lakes Paper and Walker-Gooderham, both off %4 to 26% and 36% respectively. In steels, Dofasco fell % to -- Dominion Bridge % iY, Rothmans and Imperial To- bacco gained %' and % respec- tively to 20% and 14%. Both is- sues reached new highs Tues- day, still on the impetus of Monday's news that prices of 1,000 cigarettes for both firms would be increased by 40 cents. Volume in both stocks was heavy. Windfall, in a last - minute burst of trading, gained four cents te 374 and was the day's most heavily-traded stock with volume of 117,400 shares. Rag- lan also gained four cents--to $1.25--while Leitch added 10 cents to $4.90, as did New Calu- met to $1.15. Senior base metals were strong throughout the session and established a new index high of 60.01 for the 15-stock metals index. Falconbridge gained % to a new high of 77!4, Cominco % to 38% and Hudson Bay % to a new 1964 peak to) 71%. Geco advanced % to 38) but Inco slipped % to 87%. Gold trading was exception- ally strong, and golds also set a new index high at 2:00 p.m. The high reached was 139.21 and came chiefly on strength in Dome, ahead % to 33%. The industrial index dropped 52 to 161.45 and the TSE index 42 to 150.73. Golds gained 1.61 to 138.30, base metals .22 to 68.80 and western oils .08 to 95.24. Volume was 3,438,000 shares compared with 3,840,000 shares traded Monday. Factory Waste Mars Water Probe Hears QUEBEC (CP) --The most serious water pollution problem stems from the use of chemi- cals, J. R. Mitchell of the Na- tional Harbors Board told a Ca- nadian Port and Harbor Asso- ciation meeting Tuesday. He said most people think of pollution as sewage and pos- sibly cil, However, the biggest problem came {rom spraying forests, use of chemicals in crop protection, chemical - plants, distilleries and oil refin- eries. "In addition to these, we have the individual Jitter - bug who will dispose of garbage into rivers, lakes, harbors, hoping that the water will sweep away the mess. "We also have vessels, includ- ing ships down to small boats, that will dump oil wastes and other materials into the wa- ter." Industrial wastes on the wa- ter surface could clog ship in- takes and cause damage to the} engines. Sewage, while noi lik- ely to cause harm to shipping, fouled properties and was a serious health menace. "Besides affecting recre- ational facilities they can con- taminate marine life and affect the processing of fish. Food Supply Must Pace Birth Rate OTTAWA (CP) -- The suc- cess of insecticides in improv-| ing human health is adding to the population problem and confronting agricultural scien- tists with an even greater chal- lenge in increasing food sup- plies. This was the message of Dr.| R. A. E. Galley, director. of| Woodstock Agricultural Re- search Centre in England, to the annual conference of the Canadian Agricultural Cheml- cals Association Tuesday. | The increase in the world's population now presented the dominant problem. Experts es- timated it would double by the year 2000. With more than one- third of the presen: population living at starvation levels. "three times as much. food will be required." He said the use of pesticides means an average increase in crop yield 4.7 times the cost of) the chemicals. Dr. Galley criticized those who would restrict mineral fer- tilizers in favor of natural dung and compost. They didn't real- ize there wasn't enough animal manure to go around. "fil - informed critics who talk about pesticides contamin- ating the whole environments are giving a completeiy dis- torted, misleading picture." ee BEAUTY CONTEST | Twenty - six British shipping) companies have com bined) forces in a search fora national} "Ocean Princess" beauty queen them. to Truly the Sweater Sensation of the year at K-Mart. Come see this fabulous range of fine quality Fall Sweaters in an infinite varie ty of styles: and colours. A complete range of sizes to choose from. And note the price! Your choice of any 2 Sweaters for only $5.00. Or if you like, you can purchase one for only $2.77. DON'T WAIT! QUANTITIES ARE LIMITED AT THIS LOW PRICE THEY WON'T LAST VERY LONG. REMEMBER! YOU CAN SAY... > "Charge it" WHEN YOU SHOP WITH A K-MART CREDIT CARD

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