Daily Times-Gazette (Oshawa Edition), 22 Jul 1958, p. 12

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Is THE DAILY TIMEL.GAZETTE, Tuesdey, July 33, 1958 Today's Toronto and Montreal Stocks Sales 800 1500 1000 Btook Maritime Martin Matatch Mcintyre Not Sales High Lew Noon Oh'ge PRICES AT NOON TORONTO Mook in cen s--0dd xi-Exdividend, xr--Exe rights, xw--Ex-warrants. Industrials - Sales High Low Noon Ch'ge a15 328% 28% 28% 510 $12% 13% 12% J 34 - 170 $16% 16% 16% + W --- 100 $31% 31% 31% + W A nik 9 3% + 820 $28 JH ITH n+ 450 $23% 1% BU + WH M 290 0 "h 1225 $1944 1914 19% ne $46% 46% 46% -- WB i 60% 60% x 41% 41% --% on "2 « 3 265 Stock Abitibi Agnew-8 Alta Gas Algoma Alumini' Alum 1 pr Atlas Steel 4000 New Hosco 36800 N Man 1500 N Minda 3000 N Mylama Noranda Norpax N Rank - Pow BC Phone Brown Burlington Cal Pow Can Cem Cdn Brew 480 480 Cdn Brew pr 32 218 315 2S Cdn Can A 4 1 19 19 19 Cdn Celan 3 1 1600 189 180 1890 + 13% 13% 13% Net High Low Noes Oh'ge id 2 Foundation 300 Gatineau 50 Gen Dynam GMC Ind Ac 4.50 nt Nickel Inter PL MacMill B Massey-F McColl Net High Low Noon Ch'ge 12% 12%. 12% 13 13 - $13% 13% $33% 100 $56 2135 $40% Home Oil A 278 Home Oil H Smith Hud Bay Imp Oil Imp Tob B 225 1000 8: Acc 275 pr 75 pr 50 320 Rolland A Royal Bank StL Corp Salada-S wis Shawin Steel Can Tor-Dom Bk Tr-Can PL Walk GW Weston A 120 100 $32 Canadian New Liberal Platform Seen TIMMINS (CP)--Ontario Lib- eral Leader John Wintermeyer has promised a new platform to include development of the prov- ince's north, a new education scheme for "young Ontario" and a new deal for municipalities. Addressing the South Cochrane Liberal Association, Monday night, he said the Liberal party would include in its platform de- velopment of the North "not somewhere in the Arctic" but in Northern Ontario. The Liberal party would include a new education plan to ensure no young person is deprived of an university education because of| financial troubles. At present, he said, 92 per cent of the cost of education is paid by the young people, or their parents. "That does not result in equal- ity of opportunity." He also promised the Liberal party, if elected, would go into the problem of municipal financ- ing. He said such items as health, welfare, and education could be considered on a provincial level Cost-Saving In Transport MONTREAL (CP) -- Canada's transportation industry has been approached with a development |providing '"'cost - saving effici- ency"' for loading cargo on trains, irucks and ships. The system is based on cargo containers adaptable for all three types of transport. For example, it takes four sec- onds to load more than 22,000 cubic feet of cargo aboard a rail- way flat car from a standard tractor-truck. e' equi t was d strated here before carrier rep- resentatives. Among them were officials of Canadian National Railways and Canadian Pacific Railway. New York Central Rail- road is already using several units. The whole system is built around containers about 40 feet long -- oversize packing cases-- that look like railway boxcars or truck trailers and double for both. They have no wheels. WHEELS OPTIONAL Wheels and running gear are attached when they are hauled by rather than at the municipal level. trailer trucks and removed when Efficiency Development they take to the rails on flatcars. The transfer is simple. As the truck backs up against the flat- car, the container is scooped off onto a hydraulic turntable on the car, It goes on crossiwse, then is shoved around parallel to the car and locked in place. The operation is reversed for transferring the container to the truck from the flatcar. For all transfer phases involving water transport, cranes are used. The containers are built by Fruehauf Company of Canada, Toronto, for hauling all types of cargoes including liquids and foods, A Montreal firm, Canada Car Company, builds the specially- designed flatcars. U.S. Budget In The Red Forest Fire WASHINGTON (AP)--The U.S. 2300 Essex Farmers Vote Hog Question WINDSOR (CP) -- Nearly 2,300 Essex County farmers will be among Ontario hog producers who vote Fridey on whether to continue to market their hogs through the Ontario Hog Producers Co-operative. The vote will decide whether to retain the system or return to marketing individually through various drovers. A survey in the county indicates hog producers in Essex favor the co-operative. J. Gabe McPharlin, president of the Essex County Hog Produc- - ers Association, said Monday: "The issue at stake is whether producers' will continue to have the right to co-operatively hire skilled salesmen to represent them in the market or whether they will return to the former chaotic condition. "Co-op salesmen cannot bare gain for higher prices unless they have hogs in their own yards. At present 90 per cent of Ontario 7 6 or 61 60 61 $16% 16% 16% 9 19 19 -1 +1 hogs are moving through the co- op's marketing yards. With this number the co-op can do a good last June 30. sales job and the small numbers The deficit was recorded after/moving direct to the packing two fiscal years in the black. [house cannot break the price. [} ° Close Friendship . \ With Ghana Seen Receipts during the fiscal year| "In contrast before the co-oper- totalled $69,100,000,000, down|ative opened, less than 10 per One of Canada's outstanding nearly $2,000,000,000 from fiscal|cent of the hogs moved through base metals experts. G. C. (Stim) | 137 The drop was caused largely|public yards. Then it was the Anglo Ng ju ios) 5% government said Monday, its bud- get was in the red by $2,813,000,- 000 at the end of the fiscal year Agnico Akaitcho Algom Amal Rare Apex Res Atlin-R Aunor Barnat Bicroft Boymar Brunswick Bunker. Hill Cable C Dyno C Malart Cdn Thor Can-Erin Can-Met Cassiar Cent Pore Coch Will Coldstrm Colomae C Bellekno C Denisin C Den wis C Fen Con Gillies C Haliwel CM and 8 - id a C Paper pd wd Cin Gas 2 E Koot P 6 pr 10 $100 Ford A 260 $87 Con Baks Davis A D Fndry D Magnes Dont Stores Dom Tar Dom Wool Fanny F Ford (US) Fndtn New G Dev GMC Goodyear GL Power Greyhnd Imp Bank Imp Oil Imp Tob Ind Accep I Ac wis Inland G pr 1500 Un N For rts 2075 Upp Can 500 Yiolam 600 Ressell Waite Am Shop Save $ Weedon 2000 2 § Can Pow 6p 5 $128 Willroy Jo00 Pav 500 $40 830 Sales to 11 am.: MONTREAL y The Canadian Press Montreal Stock Exchange--July 22 (Quotations in cents unless marked §, 8--0dd lot, xd--Ex-dividend, xr--Ex rights, xw--Ex-warrants.) ph Industrials Sales High Low Noon Ch'ge 1800 2 + % 28 21% + % 47 21% Dolsan 20% + % Fatima oi +H Futurity 60% Hollinger " Iso Uran 41% Maritime 6% "2 Reitmansg 225 By ALAN HARVEY Canadian Press Staff Writer OTTAWA (CP) -- A bright new| ft . by the recession slump in edrn-|case of 50,000 producers each strand 'in Canadian diplomacy| Monture, i Surveying mine Pros-fings of business and individuals. [selling to a few buyers. You can may be woven with the visit of |PEC!s In the land thal once car-|gyqget spending during the 12/see who has the better bargain- , iried the evocative name of Gold | $9 De Kwame (Showboy) Nkru- Coast. An infant YWCA is being ons totalled $71,900,000,000. 'ing position. Tre thesis: | rEanized by Estelle Amaron of That Canada working with the| i prime minister of Ghana, may| In any special friendship be- establish a "bridge" between the tween Canada and Ghana Dr. West and Africa as useful as the Nkrumah will be the key figure. bridge to Asia provided by In-| Nobody can say for sure where dia, he will go or whether Ghana can In other words, Canada and|remain on the democratic road. Ghana may develop the same| But the signs are good. The sort of special friendship that 48-year-old prime minister, who now binds Canada and India --|is called Showboy because of his! nothing precisely spelled out, just| crowd-pleasing platfom tactics, | a quiet understanding that en-'says with an air of conviction | ables two countries to work|that he hopes his country can re-| closely together. main in the Commonwealth, in held by people in your area into the new Con- The fact that these comrade-|which he has a "strong feeling of version Loan of 1958. ships take place within the Com- pride," . ImouWesith Sontext gives them/ Wd pale hal ye A large national Investment Dealer requires Canada has already moved 10 personality," but he : doesn't local agents for this purpose. Standard com- help the 5,000,000 eager citizens equate this with the kind of in-| missions paid on all transactions. of Ghana, a West African terri-| qa. tional | tory of 100,000 square miles that Tlanies Satiuuglism that keeps the came to independence within the Commonwealth March 6, 1957. Sometimes he savs, Be hs Canadian engineers and educa- fen n his ° per- tionists are in Ghana. Sixteen|Sonal" friend, the United Arab medical students from Ghana are Republic's Col. Nasser. ! studying at McGill University in| Montreal. Bodies Found Niagara Falls NIAGARA FALLS, N.Y. (AP) The bodies of a German immi- grant couple were found Monday below the brink of a 200-foot gorge about four miles down- 84,000. $51% 51% $47% 47% $13% 13% $3614 35% Anthonian Bailey 8 A - WH Hu 1 Baker Talc 3 14 4 $14% 14% 14% 485 475 475 60 WOULD YOU LIKE TO MAKE SOME EXTRA MONEY ? $303% 30% $30% 30% $32 31% C Lithium Canorama Com Mets Cartier M Cent Del Rio Cominga Contintl MacMill B Net Massey-F Stock Algoma Over two million Canadians own Canada Vie- tory Bonds. You can make extra money by handling the conversion of Victory Loan Bonds Bell Phone Frobisher Brazil Geco Mines BA oil Gold Man 1 3 BC Power Granduc BC Phone 30 Gunnar Y Cal Pow 50 § Gunnar wis 200 $33) Halmon 1 7 7 8 o 93 Hollinger z10 $28 Hud Bay 225 $95 Ind Lake 105 $48 Int Nickel Int Ran Mid Chib Mogador Monpre Montgary N Kormaque New Hosco N Spring Nocana Obalski Okalta 575 Opemisca C Brit Al wts 230 Opemiska C Can A 100 14 Orchan 2500 C Celan 230 5000 C Convert B25 400 4 400 ie C 350 C Int Pow 505 4 5000 C Int Pow pr z10 300 430 CPR 1 300 4000 2000 500 5500 Industrials, 225 130 500 3200 10000 2000 1000 500 10000 23 1100 900 Write: BOX 728, TIMES-GAZETTE Irish Cop Jacobus Jaye Expl Jellicoe Jonsmith Jowsey Kerr Add Kirk Hud --- WH Kirk Min +14 Con MS Labrador 8% 19 Dist Seag MacLeod -. D Bridge Malartic D Fndry Maralgo +1 Dom Stores 55 Weston A Weston B 900 West A wis 1185 Curb Anglo-Nfid 1400 #5% 3% SW Asbestos 589 ®» Dupont 310 818% 18% ud Hayes =10 $21 an 10 $112 113 112 4000 19 18 18 $324 12 u 00 $12 13% 13% 225 200 175 250 275 50 31% 1% C Vickere Cockshutt ---% +H 3% + % 7% -- WH w Westville Sales to 11:30 a.m.: mines and oils, 112,400. Lob Ine 19,800, Anchor Major Increase In Grain Movements In Montreal | { MONTREAL (CP) -- A major loss to other ports--about 25,000, | increase in grain movements | 000 bushels from Pacific coast | Queens), supported by James A. McGrath (PC--St. John's, East), ouse & a 2 ye) suggested some type of Colombo plan aid to Canada's newest | Commonwealth partner. | A suggestion that Canada at- ree Ia 6 tempt to swing the federation |away from the sterling bloc to ud HLL dollar currency was made by JoVam ior Magers Tals, 2 through the port of Montreal as ports, + Ty Rai of NA eriThe cHuestion aed Sods, Toe West Jn lies aod ry ek ersell UL--Bonavista- |p, Ludwig Kunze, 35, a former - | rom A . | 3 Yoo of he = SIWTEUEE Sob IB i orts on dv Bhi fourth - ranking Commonwealth sugar, bauxite, aluminum, petro- He also proposed a greater flow | 12K commander in the German yay was Seay yeh pops bushels is|customer--the West Indies feder- leum, moiasses, rum, cocoa, cof-| os" jevelopment capital to the Army, and his 32-year-old wife, i: a 130 page "study of fhe 368. expected Flippin Ti in| ation--has been aired thoroughly fee, spices and citrus fruits. | Caribbean federation of 10 islands | Sgard, bil di way's impact on Canada's largest United States grain flowing via 2 the Commons. Mr. Mcllraith said no two coun- ito stimulate employment and de- leper automobile We Seow. port, the Montreal Resparch|ine seaway into Montreal for, However, after a day-long de- tries are as mutually-complemen- velop the area's potential re-corge The lights vey bog ond Council predicted: & trans-shipment to overseas mar- bate on oe Maiier Mode, sere ary 4 Jrade as Canada and the | gsources. Se aie cit By 1965--six years after the was no ca overnment West Indies. | S . on LT seaway is Re atraal has more than 10 plans to do pido Although | His resolution touched off a RIVERSIDE HOUSES | Tie boay Of Mas. Rouse was opened--Montreal can expect a miles of berthing accommoda-| Progressive Conservative men- | series of proposals, including the | {located at the bottom of the gorge net increase of 65,000,000 bushels|tion making it the world's larg-|bers spoke in the debate, no cab- suggestion by Robert J. McCleave | MEDICINE HAT, Alta. (CP)-- near the bank of the Niagara of Canadian and United States|est inland port. A $57,000,000 de-|inet minister rose to state the|(PC_Haifax) that Canada keep|A $1,000,000 housing development River. A a of owstalnad grou, 3 S6-per ent Increase OVer velopment program was an- Bovermmient's Position. nched by [2% 220, on for the time that the planned for the riverside area of | wallet lay nearby. vane fy . ; i fo Ww. : i ol : ) Vy. GAINS FOR TORONTO oy " Ay SF , at pre. George Mellraith (L -- Ottawa pri might become Can: this southwest Alberta gas city| State police found the hus. Bu s ne th : also ie oh Ep seaway busi-| West) Who urged "bold, imagina- ada's provinee, = Iwill provide 70 houses in the $20,- band's body on a ledge about 80 LT that gay wil lose ness. Of this, $27,000,000 was|tive and constructive" action by| Heath Macquarrie (PC--/000 to $25,000 price range. |feet above his wife. about 1,600,000 tons of general|being spent on expanding and im-| the government in support of his cargo to Toronto, fast developing Proving the harbor's grain-han- resolution calling for the estab as a major inland terminal for dling facilities |lishment of a free trade area be- ocean shipping. The report, prepared by a panel tween Canada and the recently- These are the key conclusions of McGill economists in consulta- formed West Indies federation. in the economic outlook for grain, |tion with 25 top business, banking| Last year total trade between coal, ore, oil and general cargo|and shipping executives, pre-| Canada and the federation--$98,- movements through the seaway-- dicted that by 1963 about 80,000,-|500 000--accounted for 75 per cent a seven-lock, four-canal water 000 bushels more of Canadian ex- of this country's entire Caribbean route bypassing 135 miles of rap-| port grain wii be moving throutth trade. ds in the St. Lawrence River be-|ihe seaway an is cu | tween Montreal and Lake On-|shipped from the Lakehead to EXCHANGED GOODS tario. {lower St. Lawrence River ports| In exchange 'for $40,276,000 The $475,000,000 seaway, to open via the old 21-lock, 14-foot-|worth of Canadian wheat flour, next April, is expected to launch draught system. fish, textiles, meat, tobacco, lum. a growing shipping boom into SAVING ON GRAIN {ber, motor vehicles and manufac- North America's industrial heart Fi 3 ' The economists caution that : by Tiading Le 200) mille "ihe their predictions are lar gely demand for Canadian grain could Joute Tom she allaglic © based on the assumption of a have serious adverse implica- Lakehead of the jast hig bolle strong ocean - freight market--| tions for Montreal's trans-ship- ie 0. ocean: Mreighters an business chasing ships rather ment business." . Biers |than freighters seeking business.| The losses could be particu- LOSS FOR OTHER PORTS | "In truth," the report said, larly severe" if both conditions Montreal gain in grain ship-| "the prevalence of a weak ocean- appeared in the post-seaway era, ments, the report said, will be a freight market or weak external'it added. BEGoodrich Omi eade/ TIRE SALE low prices on NEW BFGoodrich tires! VICTORY BOND HOLDERS A 50% Increase in Income is yours by converting your Victory Bonds into the new non-callable 4% Canada Conversion Loan maturing in 1983. AS LOW AS SPECIAL! NEW BFGoodrich DELUXE NYLON. . FREE TIRE SAFETY CHECK NOW! PN-58.5R 43 PLUS YOUR RECAPPABLE TRADE-IN 6.70-15 TUBE-TYPE SHOP MONDAY * TUESDAY * WEDNESDAY and SAVE Other smaller percentage increases ean be obtained by eonverting inte the shorter maturities. «You also receive an immediate eash payment «and most important--you retain the safety of a Government Bond. YOUR RECAPPABLE TIRES ARE WORTH MORE NOW! Budget terms at most B.F.Goodrich dealers No mileage / Starts here 'FIRST O'THE WEEK' SPECIALS You cannet afford te miss this opportunity. EF Coed > g 2 oodric Save 18c CHOICE FRESH You should cenvert your Victory Bonds immediately. PORK SPARE RIBS '- Save 6c MISS CANADA FANCY TOMATO JUICE Brin d Bonds We will look g or send your to us. We ook after the details, B. F. GOODRICH STORE 88 King St. West RA 3-4543 G. WATSON WHITE ROSE Main Street Orono, Ontario 1 YOUR CAR EO on DRIVING w# ACCIDENTS JOHN WHITEFIELD SUNOCO 531 Ritson Road South RA 5.8531 CARR'S SUNOCO SERVICE Brock Street North MO 8-2252 Whitby BAILEY SUNOCO SERVICE Hwy. 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