Ontario Community Newspapers

Oshawa Times (1958-), 20 Nov 1967, p. 18

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18 THE OSHAWA TIMES, Monday, November 20, 1967 at LEGER REBEKEREAES BBO LAReA ASFA SRO RER REST we mw a ee Bi i | ea ied G =f TODAY'S STOCKS | OUR ECONOMY TORONTO 10:40 A.M. STOCKS ; 10:40 Net t Distributed by CP Stock Sales High Low a.m. Ch'ge| Toronto Stock exchange--Nov, 20 | Bank (Wl Sus Ste lie lhe -- te Wh t E t Sl Quotations in cents unless marked $.| Bartaco 500 40," 420 am +h eda xpor s ump z--Odd jot, xd--Ex-dividend, xr--Ex-| on vane be Pe Sr a . rights, xw--Ex-werrants, Net change is from previous board-lot ciosing sale. MINES Brazilian 100 $12%% 125% 1253 -- % A Oi} 210 $3649 363% 36% BCPh 5% 25 $952 952 95¥a e 10:40 Net! Burns Fos 750 $15. 15 15 Stock Sales High Low a.m, Ch'ge CE ing Ba pot My a a0 By WARREN BALDWIN it might be re-appearing. An gar "4 - : oS Se eel Sugar 730 $22, «222 OTTAWA -- During the mid-junexpectedly good crop of near- | Can Cem 350 $33 33. 33. -- % 1950's when Canada's wheat sur-|ly 600 million bushels has coin-jels or a 1 7 G 5 Se ee ae Can Perm 225 $117 11% 11% | be rev Eines: Creates Surplus Problem bushels of Canadian wheat and in September, 3.2 million bush- total for pluses were building up with|cided with a sharp slump injmonths of 4.9 million bushels millers about their problems. The result was. a compromise which may mean higher pur- chases of lower grade wheat. The Trade Minister is not dis- counting the fact that Canadian wheat is meeting stiff compe- tition. The United States has been undercutting the Canadian price in Japan, in West Ger- many and even the United King- dom and until the international agreement floor becomes ef- fective next July, there is little that Canadians can do about it. CHINESE PURCHASES High hopes are being pinned on Canadian Wheat Board ne- gotiations with Red China which started last weekend in Canton. Red China is committed to a purchase of 168 million bushels over a period of three years, starting August 1, 1966. She has an option' to purchase another 112 million bushels. In 1966-67 purchases were at the ceiling, 195.7 million bushels. There have August were 28 million bush-|of 1966, The Wheat Board has|been no purchases yet in this rea 000 310 305 305 --I5 3 ame me 28 areaile oe 6 Be | ee 25 $22 28% 28% " ; ne Aunor a0 $5 990 20 +8 | Con Brow G2 $7 Tis 7 -- te good crops and a weak export|world demand. Wheat and wheat/compared with 7.9 million bush- Barnat 500 38 3 3 ¢ cot lino 38 S00 ans --29'|market, the late C. D. Howe/flour exports in the month ofjels for the same two months B-Dqu ze le aio 7 8 | Cdn Equty 1100 490 480 480 --i. {was wont to defend government 130 100 | € ance ot 2 policy of refusing fire sales byjels compared with 67. million/not released later figures but/crop year. D % Saying that wheat stored on the/bushels in August 1966. Therejit is reported that the flow has| There is some sign of wheat the|been reduced to a trickle. The|prices strengthening. They hit lwest of a back-up with the farm-|price, also not made public, is'a low of $1.914 during the week cropsjer unable to deliver to full coun-|understood to be about on cent/ending September 15. As luck price. CP Inve pr oa 24 41s | CPR 300 pr 1100 $10% 10 10la + farm was money in the bank for| have been reports from 445 665 10 | © Petrofin 600 $1388 1314 13!2-- ta the farmers. 7 7 +4 SL Aa) 420 $28%4 28 28 aa In those days wheat rAd api 9 -S|. ; v : ; ied oe 4 1 aa Cassidy 1 a. |Wwere averaging about 465 mil-|try elevators and, of course,junder the International Wheat)would have it, the Wheat Board " CDRH Ltd - *% lion bushels a year and the car-\this year his cash income dcroe cD € Lencourt 3500 5 $ $6 +" Malart 1 "'ryover surplus at | Con Bath 1110 $272 26% 2612 a00 149 «130 «145 412 | Con Bath p 2S $23% 23% 23% Ni a Con Bath w 250 450 450 450 3| Cone Gas 700 $2134 21% 21% -- Ya a | Con Gas A 210 $95'4 95% 95'4 farms, The farm C Shawkey 2000 212 21 21 stored Bellek 5000 16 16H Satis | B e 4 at ? egg a 27-- '2 became such a problem by the than an empty promise bP Hei in us ms 5 | Crain RC end of the 1950's that the Dief- things would be better so far/government board and resold while low prices continue. C Halli 00 46 dG Crow Nest "s enbaker Government introduced as Japanese imports were con-jto the milling industry. There seaseasos s . € Morisn 300 405 405 405 eg a system of cash advances for cerned. He had a four million|is a mark-up in the resale price} a000 7) «68 68 8 | one Bp |Agreement floor ($1.955 a bush-|sold no wheat at this the end ofjby $1.70 for every undelivered'el for No. 1 Northern.) One problem that appears to 2 2 100 oad Cominco ie te 'the crop year about 616 mil-| bushel. 00 $17% 17% 17% + te) Computr soo iat lion bushels of which more than) Trade Minister Winters bas|have been ironed out in Mr. one - quarter was stored on|/been making reassuring sounds,| Winters' talks with members of |however, since his return from |the Japanese Government is the/The Chinese may well want to surplusses Japan. He came home with more method of Japanese purchasing.|take up at least the balance that/Foreign wheat is bought by alof It abated in|/bushel wheat sale in his pocket'with the government using the} By the end of the month pric- es had strengthened to $1.942 and are understood to have stayed around that level since. the minimum commitment BEE CAUSED WRECK 100 1) od ist! Seag _ |farm stored grain of aR RS yl AR lag the early 1960s but the reallfor delivery in December, This difference to subsidize its agri-| LOCK HAVEN, Pa, (AP) -- A 650 $12! 1244 124--% Dotasco '2 turning point came with the first is a return to the normal pat-|cultural production. rhe Roge --_ a Bh Cal m3 2 0 pinay big Russian sale in 1963 when| Japan buys its wheat for month- jtrailor to run off a highway 7 ae Dom Glass 4 DIZ s 908 Jap Ys its = % | 4 Ba " 2 . ek Ath | eee the problem was to move enough ly shipment. Bey Hg pita '5 PE hae tals erie gs oie 627 $782 77 77 =I), Dom, Store {4 wheat for export to fill commit- e mark-up pushes the price|community and dump a bulldoz- i on 2e 3 {8 | er iig aoe Fike AWE elec weltnents: " REDUCED TO TRICKLE lof Canada's top grade almost/er it was carrying down a 125- D <a be 55% 55% +6'4| Dupont 70 $26%4 26% 26% --1 | | In the first month of the cur-/out of reach of the milling! foot embankment. Police said Dunraine 500 30 30 +1] Falcon 155 $85'4 85 = 85 ,, EXPORTS SLUMP rent crop year, August, thejindustry and Mr. Winters made/the driver escaped injury--ex- y p Pt 3 Bac. Mal 700.160. 150 160+ 5} FAG Goan 300 ge7e 678 This: y looked as though'J bought 1.7. milli int-of talking to J se|cept for the bee sti Seat SUN 80 880 500" 590 Fleet Mig 4300 165 165 145 -- 5 is year it looked as though' Japanese ug 7 -million'a point of talking to Japanese|cept for the bee sting. Mar 300 150 145 145 --6 é % : ---- i" is : e -- aan ai RSC Rao He i Grt Masi 700 125 «125 «#125 -- 71 Giant Yk 1685 880 850 850 +50 Goldray 1200 110 110 110 --7 Goidrim 2500 72 48 "o --2 25 Grandroy 0) a 6. a 41 Granduc 475 700 700 700 --5 Headway 3000 17% 17 7 Hollinger 300 $255" 25'4 254 -- Huds Bay 52 $584 S814 58% -- % Hu-Pam ¥ 6 5 5 --) Irish Cop 1000 15 15 15 Jonsmith 50025 25 2 + Kem Kotla 800 310 310 310 5 | Kerr Add 2405 $164 16 K Anacon 72133 75 66 66 Kid Cper 12800 82 80 80 --3/| 100 775 775 775 --125 2500 +15 "4 1 -1 5 250 $10% 10% 10% 2000 26 25 3 --2 900 400 38S MBS +65 | 750 $1614 16@ 16a + 4 | Mia Me 342 -- V2 4% | 1500 (65 65 6 --2) 625 $144 14 14+ 732 $76 76 7% 42 4 4 51 30 500 148 148 148 2 20 2 0 78 8 9 9 9 700 177 17S 17S H Fe 1 164 16% 16% 375 370 370 1500 130 124 124 1000 22 200 $4938 49% 49% -- Ve 780 $31% 3) k) he 2 2 } 435 $274 26% 26%-- % ? ? 5000 | See list below 1700 3 3° 00 440 420 425 --2 525 505 525 +30 200 418 415 415 +58 515 535 27 405 + 5 370 45 600 385 10 500 +18 16a eo as 56 0 32 + 2 725 --65 Oo +5 3 + 5 25 --8 % 65 +35 2%4-- 1 264 +3 ¢ 0 2 +14 OILS, GAS nex 5. 51 --10 | a: ait: If you have the time ia s,s Goldcrest has the taste Distribution of Treasury Shares The Toronto Stock Exchange has been 16 that the following companies! fered into underwriting and op- | j j ments. which may result In | You need time to enjoy Goldcrest: y shares of these companies be- ee . ' r distribution currently thi yh | je- at aa this is the twelve-minute cigarette. Sarimco 00 17\2 17a Ii -- Ve But if you have the time, Goldcrest has the taste. 5450 340 325 328 --20 U Canso | A smooth taste that comes from tobaccos speciall RIALS : f a i Y oe | selected for Goldcrest's 100 millimetre length. Alte Ges p 710 Sala sea Boa | In fact, no other cigarette quite measures up-- ee ey in eh -- s in length, in taste, in satisfaction. Alcan 3036 $26 252 25% -- 1 | vig ; ie", 2s s 3 Bs | Goldcrest... available everywhere at popular price. ang et is it st Z, 7 = MK Anthes "2 od 4} i j i i i Anoen 8 a) Wa te te | Isn't it time you tried the 12-minute cigarette? Atl Sugar 2200 $11 1058 10% -- | At sup A «£25 SBA 184 18% Auto Elee 650 #10 % Maritimes Tobacco Crop | Hits $1,000,000 Year By WAYNE ANDERSON TRURO, N.S. (CP) -- To- bacco growing, a little-known industry in the Maritime prov- inces, is showing promising growth. The first tobacco was grown in the Maritimes on an experi- mental basis in 1958 and the first commercial crop was pro- duced three years later. Value of the crop has jumped from $80,000 in 1961 to more than $1,000,000 this year. Robart Fair of the provincial agriculture department's soils and crops division says the in- dustry is profitable to producers and that there is room for ex- pansion but the agriculture de- | cessities are a kiln, greenhouse,| tractor, planter and suitable! land. Nova Scotia will have five or six new growers next year and one or two new growers are get- Island. ' Twelve farmers in Nova Sco- tia have about 350 acres devoted to tobacco production on farms ranging in size from 18 to 40 acres. The total for Nova Sco- tia, New Brunswick and P.E.I. is slightly over 1,000 acres and N.S. growers are expected to in- crease production by another 500 acres in 1968. Average production is 1,400- 1,500 pounds an acre. Average partment has not pushed for an increase. Investment of about $50,000 is required to begin tobacco pro- duction. The most expensive ne- price for the last two years has | been 60-72 cents a pound. Productive areas are Buc- touche on the Northumberland Strait in New Brunswick, Shef- ting started on Prince Edward| field Mills and Canning tn Nova Scotia's Annapolis Valley and Alberton and Montague at the opposite ends of P.E.I. Some tobacco was grown e€X- perimentally this year on Nova Scotia's Caribou Island in the Northumberland Strait and about 16 acres will be planted on the island next spring. O10 WORLD TRADITION | | LONDON WINERY LIMITED LONDON © ONTARIO CANADA WEW WORLD PERFECTION ~ How could a numb-fingered, bone-chilled, slush-splattered puddle-hopper become a winter-lover in just a few hours? By flying non-stop from Toronto to Miami with Air Canada. It's easy to be a good sport about winter~ fly down to Miami and warm sunshine. The best winter sports are there already. This winter, Air Canada jets non-stop to Miami and Tampa/St. Petersburg twice a day. 21-day Economy Excursion return fare, Toronto to Miami -- $149.* Economy Returnfare to Tampa $134. When you see your Travel Agent, ask about our low-cost package vacation tours, ; or-write to Air Canada in Toronto at 130 Bloor Street West *ower off-season fares available until December 15, AIR CANADA (¥) Me FOR RESERVATIONS AND TRAVEL INFORMATION CALL DONALD TRAVEL SERVICE OSHAWA--WHITBY--BROOKLIN 102 BROCK ST. S., WHITBY, PHONE 668-8867 26 KING ST. OSHAWA CALL FOR COMPLETE TRAVEL ARRANGEMENTS MEADOWS TRAVEL SERVICE PHONE 723-7001 © | 62 PRINCE ST. (NORTH OF KING) OSHAWA "PERSONALIZED" TRAVEL SERVICE MITCHELL and WAITE PHONE 728-7395 Listen Te "Travel Topics" on CKQS-FM Every Friday Evening from 8 P.M, till 9 P.M. DONALD DUCK BLONDIE LI'L ABNER HIS GREAT GRAN* JULIET JONES MICKEY MOUSE GRANDMA MUGGS AND SKEETER FZ DID GREG "THE MAN' DE OR WAS HE TRIPPED? TI ARE CONVINCED HE DELI CHANCE TO SCORE F sees

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