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THE ashore Am FRIDAY MARCH II STOCL MARKET Oil Advances In Light Trading TORONTO CplWestern outwith the exception of low innit prices advanced today on thatissues Hoilinger was down our Toronto stock market amid light point at mi Senior uraniums morning trading were higher Consolidated Deal The 11 um volume eTissooorcu gained ta at tors and Guam shares was much heavier than dropped UV cent at $815 the moon shares turned over at Amour vestem nil Calin and the some time Thursday Edmonton and Horns each at imperial Oil was the best indus at 19V and 10 trial winner with gain of at Index changes Industrial oil so Consolidated Paper advanccdlifl at 48563 said up 01 at ll nl 39 0912 base metals up 40 at 15741 Price Brolhers topped losers Ind lien oils nil 216 at 0770 with its point drop at sols Mines prices were mixed Hel linger moved upt at 24 and Norandn was ahead to at 40 Senior urnniums were unchanged in western oils Calgary and Ed monlon was ahead one point si 20 to register the best gain On Thursday the oils and Indus triais dropped Volume was 1425000 shares the first time in recent weeks It has failed to top the 1500000 mark Vednesdnysvoiuma was l5330m chcrnl groin was the heaviest industrial loser with twopoint drop at 39 Texaco Canada lost at 40 Bathurst Pulp and Bank interest Rate At Lowest In Year OTTAWA iCPThe Bank oi Canada interest rate Thursday reached its lowest level in more than year alter two major drops in as many weeks but there was no indication tha de clins was more than shortrun move The central bank rate lsuycd to the average rate on weekly sales of government treasury bills fell to 27 per cent irom 459 last week It was more than onehalf of percentage point be Paper was the best winner two low the 492rpcriccnt level ol two points at 39 weeks ago and the lowest since liilnes wcro exceptionally quiet Feb 10 of last year NET EARNINGS By THE CANADIAN PRESS Canada iron Foundries Ltd year ended Dec 31 1959 0403035 04 cents share on 800314 shares 1958 32454963 $204 on 793213 shares Canadian Utilities Ltd year anus And Cows In Good Demand Hogs Higher lit Ont Stockyards TORONTO CP Prices on slaughter cattle were generally steady this week at the Ontario Public Stockyards Cows and bulls were in good demand and steady prices and rapiacemenis traded actively at rates comparahlo to lost week Veal calves were 512 per hun drcdweight lower and hog prices closed $2 ch hundredweight higher for the week and sows and stage per hundrcdweight Sheep and lamb prices were firm Cattle receipts were some 600 3185 share 1958 $1151553 $140 Donohua Brothers Lid year ended DEC 31 1955 $94091 $157 share 150 $885353 8117 Disinterested Head Need For Exchange TORONTO CPlAttnchGen erai Kelso Roberts said Thursday night the Toronto Stock Exchange should appoint as its hand man without any financial inter est whatsoever in its daytoday operations 1225023 with sales to 2325 Road 2111 medium 102250 common 1648 good heifers 10502050 with choice to 21 medium 1719 cumA mon 1H7 choice fed yearlings 2224 with odd tops to 25 good 2223 good cows its1550 with good heifer cows 17 medium solo common 1445 canners andvcut tors12lt good heavy bologna bulls 175018 common and rned Mr Roberts laid the mm mm light hulls 14i7 should also have no financial Ranlncemcnt cattle Good hnn connections with members at tho dYWEisht slackers mostly 2014 exchange or persons dealing with common and medium 13m 1L GRAPES SHOW DECme COMPARE PROMO MAIN PMVINO is Canadas Coal Crisis ls Studied By OneMan Royal Commission ended Dec 31 lososlm032 Ths problems not Canadas struggling coal industry are be ing studied by onetriad royal commission of Hon ivsn Criticize Diet For Canada Tie To USEconomy LONDON CPiTha Spectator has renewed its assault on the economic policiss of the Canadian government The weekly magazine argues that Prime Minister Didenbalsar ls jeopardizing Canadas future by tying the country to the saturated and therefore lin stabla United States sconomy Does the Canadian govern ment realize the upshot of it fi nancial and economic policy Mr Dielenbaker has promised to bal ance his budget but he still looks Band 75 retired justice of Supreme Court of Canada native of Moncton Nn Mr Jmtics Rand terms of rotor Ina Frhlmtomaks com tions on Present and future markets in Canada for coal Hilts Americans Migrate Here fillCAOO CF lamination Minister hirrioulb has made Mg direct sales pitch to Ashericans to mInltl In Cm 51 told the Chicago Womens Athletic Club Thursday night um Cam wants United States In iivtngm ammaiowthamg all on an In deroonld visit Canada to search out malice hi button and In lndaodmuroouatryissdhig that of it havent yet been Thou wars openings in Canada for professional people skilled artisans and commercial work ars Wages and salaries were roughly comparable to than in the Chi Mrs Fsirclcugb said ibst for every two Americans who emi grate to Canada live Canadians leave for the us However im ml on from the us was at inmsslng and now aver aged 10000 annually INVESTMENT CHATS Crawford and Co Ltd Dalila fife PA 34417 as NR EXCHANGES Possible steps to reduce By providing facilities for list roductian and distributions costs In Canada Steps the industry tin can take to enlarge markets Measures that can be taken by governments to support soon omlc oosl production secufltlu Exchanges also be corporations to obtain need ed financin Not that Exchanges engage in sale of securities to the public That is function performed by security dealers or investment brokers which Production dropped to lomgroups include many members 133 tons in 1950 from 10120040 in 1049 Employment in the lam try paralleled the decllria with the average monthly total linguist about 100 persons 24 Canada is estimated to have about 00000000000 tons of coal 49000000000 recover able Aibarta holds 40 per cent Sukstdlowan reserves of lots reserves is British Columbia is national securities Exchanges Nevertheless because We do have Exchanges the public is encouraged to purchase securitg let it they are 01 such is charact er that they may subsequently be listed on Exchange The reason for this is that prospec tive investor is interested in buy ing securities it he knows he can if he desires dispose of them 33 the ms help in the develop Bruin NW3 Witu booming raw TODAYS STOCK PRICES Comouunmbyanlmuumqum PB census Content Clan Chemical Can Can 13 Claudia Oil Vs Con list SD Vs SAscds Con DI MU Can Not Cm DIME Can CHINE 523s on ElliVII 21 Int Ni 100 lat us Gear sun 40 lots Muslim 11 WI 154 Nosmetal it Known as iun imp Tobacco Ital on to Are uprw rs recsy can Leblva no iiie Poureu itiv more as hieonbridgs mausnus Simplbfll steel as on stainth iior Dam as is has nus PM as man run Tanca Union on Wall Padraig Openings emom bar cordon steer Rack Unites oil Waits Amulet wutuo 800 nvl Mon Amy MINI AND mu Bailey gelhum oil It Alberta all Trill Can Pipe land liver Provo 11me DSCLAITIONI lslllrl Limitsd Bean plyahia Eu CL dividend Inch sonon IIOCK CHAND IND Xudtlllflfll lip 6600llI down 01 Ill Oils up LOO DOWJONIQ NIW You AVISAQBI melflinnillubflwwx slum COMMENT The current phase advance In Nsw Yoris was matched to an unp cedented tm ten in of our sin at sessions ysste sy Volume void msiority of 1mm alnefl mund Opinion in Wall trust is that the industrial and railshaving flsan 1M lnd oinu on this manmight now considered vuinarsbls In some near term pmnt uxl Utilities on tbs other nsmi are be new by easier money roles and ye day moved hits new recovery bisn ground This group now is con sidered to be in The stress est in ternsl position of any manr sec tlon oi the msrhet observers say demand enemy was helped by President sexshow rrs statement that in business ouuook is healthy There is also growing Iseling that spring pickup In buylnldcla ed by near countrywide had was her and late Determsy be counted on shortly to libr investor psychoh for the better 1113 reported its index in diuml production for February declined to in per coat of tho inn4g avengedown nine irons January The band ruv ed dbwli ward to lsa our cent its index for lsnusry which was onto11y estimated at 150 per cent iicisis ma February output of busines equipnilnt and materials contin lied to run at record pass but production or consumer goods as clined as retail sales remains be low earlier Ievlia of output The rate of auto ultmbilu declines ram January ve sdvsnzsa rats and iiirob stile also indicate an additional euthch Due nu nly to lnenued us consumption Csnsdlsn newsprint 11 produced and shipped man newsprint in an ilrst two months this eli than in the uma Perl Output listed cant mm nu sen while shiv ment expanded by 121 per cant sndL exports to 13 roll in per cm Nesbltl Thomson and co Ltd INJURIES FATAL OSHAWA CHDonald Wood row Smith 32 at Columbus died here Wednesday from injuries suffered in twocar collision on Highlvay near Bowmanvllla Feb 13 Provincial police said Meredith Brown 22 ot Bowman ville driver at the other car in volved has been charged with careless driving DISTRIB UTORSHIP quickly Securities Esteban as general ly confer factor marketabil ity upon securities listed with them Accordingly by provsdsng free markets for securities Ex changes hava stimulated mater ially tha growth of American and Canadian business by hiding the free and continuous flow of capi tal into new or expanding enter head iewer than last week 200 than the same week in 1959 Re ceipts from Western Canada to talled 34 head 41 lower than last week Shipments to Eastern Canadian slaughtcrcrs totalled one more carlond than last week four There were no exports to the United States slaughter cattle Choice steers Calves Good veniers 3335 with He Woke memberg of his Choice in 57 medium 2682 cm St Patrick riding Progressive man 2025 boners ms Conservative association Hcgsi Guide All heavy sows 11 Ls myhope Mr Roberts iii lights is stags 10 on goldthat in the very nearlu drassedaveight basis in the fiogonio Stock Exchange sheep and lambs Good handy 11 see fit to nominate such on weight lambs 1312350 good 198C outstanding person who would inflibs imitv madluin and hopshava the prior approval of heavy 1022 commonidls sheep this government beforelappcint +10 according to quality mont =C9flttlionl coNnITIoNEn guesses Now onENffi=6jlt INSPECTION TONIGHT ll p01 and ALL vaEiTQEun COMPARE BE CONVINCED of these Superny Built Homes is For Your Family Northwest Territories tiva and um Scotla three Manitoba Ontario and New Brunswick re serves total loss than ouebalf of one per com Wonderful opporttmily for real gitgetter liliultl million d91 lar Company established over 70 years will appoint tribulor for this area for startling exclusive unique quality product Nationally Advertised and airendy Widely accqrted Full Carnpany assistance in setting up and promoting your business with ordering new merchandising plan that will more quick success No investment in stock required by qualified bendable man Proof given at siibslantiai earnings already bemg madabyv Distributors elsewhere Apply in strict confidence givmg details of past experience to 170 has 82 Don Mills Ontario to the inflow of American capital at the same rate lie is surely importing trouble Heis bringing in the high costs at industrial America and mak ing it all the more dilflcuit for the Canadian export trade Thus Canada will be exposed to the full blast oi an American racer sinn wheli it come Davenport says so many dan gerous monetary illusions are held sacred in Canada that one might imagine the Dietenbalscr gavarnmsnt is subconsciously sc tuated by deathwiah l86 WELLlNGT ST EAST ONLY $23430 DOWN COMPLETE WITH ALL THESE waLoxOM QUALITY nunr FEATURES Mahogany Trim Throughout ContourDesignArhoriio CounterTopJi Ceramic Tile Enthroom PariiiionedBasoniene Forcsd Air on Hons Fully Decorated Fourpiece Bathroom Three Largo Bedroom wmdgfirlrsnyka is w°°dW°k 1160 squareiltaetor More Beautifully Finished Oak flooring Lawn Sodded Natural Daveyaye Grdvelled Under One NHA Mortgage is WELLINGTON ST EAST ONLY $30160 noWN 1F lREVhCONTFMPLITmStillDim NEW Hell1ELETus BUILD IT For You ouawclgK IS GUARANTEE BVLOXOM CONSTRUCTION COMPANY LTD CUNpLEsgb EAST nanny l8 OWEN STREET FOR lNroaMATloN CALL ELRICH MchIE fFfFT9jf