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. Weekly Summary Of Stock Market Activity ' M aking Mon ey | THE DAILY TIMES-GAZETTE, Seturdey, August 2, Li ¥ On Race Tracks Price Increases ww nH Por Two Metals 5 1958 This Week 1958 Stock les High Low Close Change high Low Kirk Hud 00 64 7 8% 5 Kirk Min 37 50 73 36 Kirk Town 000 10 10 0 14 meermeeeee THiS W €€ Kommmmmmme: Stock Sales High Low Cies: Thange High Low Algom viw 6265 620 +60 Am-Larder 4500 Amal Rare 61930 Am Nephe 3600 eee Thi W€ hme. 1958 Stock Sales High Low Close Change High Low O Jock wis 3200 41 40 40 55 Orange Cr 749 305 340 +35 Page-Hers 1234 29% 20% + % Pbina New 5 By The Canadian Press Ad dd by 403 to 282 op the Toronto Stock Exchange this week. Issues unchanged totalled 170. Volume for the week was (7,645,000, down from the previous week's 18,027,000. Total sales for the year to Minister Harkness said in the Commons Friday the govern- Jabracor ment has been making money on Se are 443,790,000. (Quotations in cents unless marked ) Industrials This Week 958 Close Change High Low B Stock Abitibi Abit pr sales High 4110 $29 345 S24% Acad-Atl A 455 $20% Agnew-S 875 $13 Agnew-S pr 100 $10 Alta Dist 2090 180 Alta Dist vt 900 150 Alta Gas 22788 818% Algoma 7079 $32 Alumini 15733 $29% Alem ! pr 760 $23 Alum 2 pr 265 $474 Analog 200 275 Ang Pulp pr 75 852% Anthes Imp 852 $28'% Arcan 21885 100 Argus 5780 $23% Argus 2.40 pr 590 $5344 Argus 2.50 pr 100 $45 A Art 2400 © $9% A Art debs 530 $105 A Art wits 1918 500 Atlan Acc 3000 $6% Atlas Steel 6770 822% Auto Fab R 225 125 Bank Mont 2594 $47% Bank NS 1121 $61% Bath Pow A 105 $40% Beatty 225 425 Beav Lumb 420 $28 Bell Phone 9439 S42 Bowater 120 460 Bowat 54 pr 32 $50 Brazil $674 Br Tnk 3 $21% BA 0il 102 $41 BCE 4 pr 115 $79% BCE 4% pr 67 $43% % 4% pr 120 $94% 5 5 pr 560 $50% CE 5% pr 122 $62 x 12560 $12% 4703 $40% 360 $43% 800 $11%a S 195 $5 Build Prod 65 $41 Bullechs A 225 $6'% Burlington 870 $124 Burns 4678 S14' C Cal Pow 1045 $71 Cal Pow 5 pr 100 $103% Can Bread 1000 400 C Bread B 40 $5 Can Cem 9 24% Can Cem pr 342 $28; CCC_ Stone 1190 89% Can Foils A 100 $17% CI Endry 595 $30 Can Life 15 $181 Can Malt 285 $63 C Pack A 500 $48 C Pack B B60 $45% 140 396% 7 $38% Cdn Brew pr C Br Alum CBAL A wis 3340 Cdn Can A 197 Chem > Collieries Colli pr > Curt W C Oil wts 53 13310 $113 C Oil wits 53 1085 $11% CPR 6879 $28 Cdn Tire C Util pr C Util #44 pr 25 C Vickers 160. $25% CWN Gas pr 290 $17 CWN Gas 5% 150 $21 C Westng 180 $50 Chrysler 60 $50 Cockshutt Collwood pr Comb Ent £375 817% 100 300 50 75 601 $49% 5900 $30% D Fndry D Magnes Dom Scot 5 D Steel ord 085 $214 D Stores 666 $70% Dom Tar 11079 $13% Dom Text 215 $9 D and M 300 70 Dow Brew 160 $35 160 $48 2865 $20 Econ Inv Eddy A Fam Play Fanny F A Grain 550 $27% 1715 800 G Gat 5% pe pr Gen Bake v 772 $42% 80 $32 GP Mig B 125 $8 Goodyear 15 $150 G Mackay A 420 $6% GL Paper 1775 $32 GL Power pr 140 $25 GN Gas 825 ST GN .G 2.80 pr 65 $41% GN Gas wits 1324 390 GN G B wts 865 325 GW-Coal A 125 $5% Greyhnd 3300 810% 1055 $35 100 125 175 $50 400 $7% 445 $35 187 $41% 350 $52 1890 S$11% 7997 $45% 165 $13% 450 $6% Ind -Accep 4233 $37 I Ae wis 2242 SI2% Inghts 2470 360 inland C pr 1067 $13% Inlahd Gas 050 $6'% Inland G wis 2250 300 Int Pete 1148 855 Intprov B wt 1260 $69 Inter PL 5910 851 Inv Syn 100 $16% Inv Syn A 14245 $15% Jeff Lake 3700 $6% Journ Ott 560 $15% Kelly D A 1535 85% Kelly wits 1325 240 Labatt 2330 $25% Lafarge A 200 $9% Lakeland 723 320 Lakeld debs 254 $82 Laura Sec 275 $22% Lob G lpr 475 $31% fob Co A 3861 $30% Lob, Co B 3310 $32 Lob. Co pr 1120 $47 Lon Hos 500 175 Lowney 50 MacLeod A p 250 MacMill A 66 $32 MaeMill B 11031 $35% Maher 1230 $19% M Leaf Mill 440 Madsey-F pr 595 McColl McColl pr Merc Chip y r Mex iP 200 $13 Mid-West 6309 150 M-West wis 200 45 Milt Brick 600 295 M Cont A 100 $12 Molson A 85 Pv 0 355 $15% EO 0 2108 $76% Nat Drug 038 4 ¥ ' r 5 $1 Nal orae pr 125 827% N Hos B 160 430 N St Car 1780 $21 Nat Trust 450 $41 Nia Wire 400 $11% Nia Wire B 400 $11% North Star 770 $12% Nor Star A 140 S$13% Nor Star pr 75 343 N Star wts 370 355 N star wissé 1150 110 1857 1425 380 N Str wis 4 220 19 Low and 28% 24% 20 13 10 175 145 1644 1 27% 3 17% 75 48 28% 21 70 13 8 70 40%a 51 10% "u%h 13 6% 36% 12% 340 13% 5% 250 52 50 47% 16%% 15% 6 15 9% 310 81 22% 30% 30%. 3% 46's 31 18% 12 39% 13% 75 13% 27% 430 20 40 11% 11% 12v4 13% 43% 330 100 12 28% -- % 25 837% 37% ITH E to K 35 to N 24% 111% 103% 7 4% 18% 800 65 53% 15% 9% 7 6 15% 15 6's 420 270 100 18% 7 32% 28% 31% 22% 32 2 Penmans 140 Penmns pr Powell R Pow Corp 430 P Pipe Mig 11975 Premium, 4250 Pres Elec 12150 Q N Gas Reynolds or 45 $86 100 $17% 400 $17% 16435 $15 Roe AV 5% 530 $104% Royal Bank 5270 $67% Russell 14080 $10'% StL Corp 4280 $13% St Maurice 19900 78 Salada-S 18740 $24% Salad A 1560 848% Salada-§ B 3775 $43 Salada wts 5535 S$11% Shawin 2067 $26 Shawin A 355 $30% Shawin A pr 60 $45% Sicks 1817 $32 Sicks vt 770 $314 Simpsons 3214 $24 SKD Mig 3600 1i0 somville pr 150 $48% Southam 50 $46% Spartan 275 85% Spartan wits 1100 160 St Pav 635 $40 Stedman 435 $30% Steel Can 4643 864% Stuart Oil 755 $16 S Propane 2745 $7% S Prop wis 200 240 Suptest ord 700 $17% Suptest pr 40 $100 Switson 915 380. Tamblyn 50 $27 Taylor PC 400 $8% Tor-Dom Bk 1531 $45% Tor Elev 395 $23%; T Gen Tr 255 $37% Tor Iron 25 $28'% Tor Iron A 525 $29 Tor Star pr 4 $53% T Fin A 1540 $42% T Fin B 110 $40 T Fin 4% pec 125 $92 T Fin 5 pe 125 $424 Tr Can PL 25433 $31'% Trans Mt 5934 $60% Trans PPL 1435 $23% Tw C Gas 400 b. Union Acc 255 Un Acc 2pr 5 $9% Un Gas 2153 $85'% U Telefilm 2400 $75 U Corp B 1375 $21 U Fuel A 100 $60 U Fuel B 425 $46% Un Steel 235 $14 Vanadium 200 425 Viceroy A S00 $5 Vie G Tr 100 $28 yr 100 $13 2000 280 6079 $29 150 $57 Webb Knp 550 350 Westeel 955 $12% West C Brew $3214 W Coppe: 7% W Cop wis 1000 220 West Groc A 5 $28 W Plywood B $14% Weston A 397. $32% Weston Ae 3675 832% Weston B 2820 $32% Weston pr 4% Westn pr 6 West A wis White Pass Wpg Cent Wood Alex Wood JA Woodward A 800 $14% urb Anglo-Nfld 1430 $6% Asbestos 100 285 1941 $34% D Glass 300 $80% D Oil. loth 25 $37 Dupont 1305 $19 Int Pap Int Util 1435 $26% Lob Inc 330 $110 MacLaren 150 $72 MO Paper 1241 $27% Ogilvie 620 § Price Br 1565 § Third CG Ir 1640 86% ZEller's $320 1 1880 $24% 8 4S 23% 37% 28% 284 53% as 39% be) 27% 57% 23% 465 9% 82% 68 20% 60 16 141% 26 108% 70 26% 32% 39%, 5% 32% Oils Acme Gas 20700 24 Ajax AP Cons Bailey S A 5425 980 Bailey pr 150 $24 Bail 8 5% pr 255 $22% Banff 21510 203 Bata 812 8 Britalta 8080 185 Cabanga 500 50 Calalta 62000 84 Cal Ed 10135 $263% Calvan Con 300 425 C Oil Lds 7200 223 C Oil L wts 1400 110 CS Oil wts 5350 92 CS Pete 600 365 Cdn Atl Ol! 3580 635 C Chieftn 18100 103 Cdn Dev 11670 595 C Ex Gas 9100 234 C Homestd 8576 209 C Husky 4281 $14% C Husky wis 1560 770 Cdn W O 10364 230 Cent Del 40688 950 Charter Oil 5 180 Com Pete C Allenbee 11230 395 4250 6% C West Pete 8660 610 C West rts 13250 20 Cree Oil 300 325 Cree wis 4570 210 Dev-Pal 751 135 Dome Pete 360 $11 Duvex 58900 13% 960 23% 22% 195 7 175 an 26 425 210 95 80 350 585 200 14 750 210 880 176 350 6% 360 17 320 201 130 10% 12 440 180 24% +2% 86 ~--1 17% +2% 17% + % 15% + % 104% + % 67% +1% 195:8100% 98% 99% 26 110 0 2 27% +1% 32% -- 1a 40 + 6% + 4 2% +1 970 23% 22%, 200 7% 180 425 220 100 90 355 610 14% 770 215 930 180 190 375 6% 590 17 320 209 130 - 10% 13 E to K Fargo 8869 680 Gen Pete 300 365 Gen Pet A 1000 330 Gr Plains 620 $18% Highwood 4000 18% Home Oil A 44654 $23 Home Oil I 10319 $21% H B 0il G 9467 $23% Humber 14100 119 Jump Pnd 80700 36 Jupiter 4950 247 LI Pete 5000 8 Majtrans Marigold Medal Midcon Mill City Nat Pete 240 229 N Bristol 64725 18 N Chamb 2300 111 N Cont 7100 42 N Superior $00 106 Northcal 55150 32 NC Oils 7230 350 NCO wis 480 150 Northld 5500 21 2000 4 17300 12 5209 290 254250 76 8286 25 Okalta 2450 120 Pac Pete 5621 Pan West Permo pr Peruv Oils Petrol Phillips Prairie Oil Provo Gas Quonto Richwll Rocky Pete 111293 13 Royalite 8! $2 Royalite pr 555 $217% Sapphire 1700 85 Sapph debs 1140 $36 Scurry 9900 194 Secur Free 9300 620 Spooner 22345 18% Stanwell 10750 90 635 360 315 18% 18 21 20% 22 105 27 230 11 $19% 11 21 82 34% 187 570 17 85 685 360 330 18% 18 21% 20% 2 116 31 232 LtoN ios 620 17% 88 Tt eZ Tex Cal 5600 43 Tidal 27150 91 Trans Can 3200 107 Triad Oil 11578 480 Un Oils 81163 233 Un Canso 141 220 Wayne 12300 19 Wsburne 74760 Wespac 19500 W Cdn OG 5016 WCdn OGrt 51100 W Maygill 11350 Decalta 22362 wis 7050 200 4050 8900 129500 urb Dalhousie 7850 Acad Ura Advocate Algom 40 83 100 440 218 215 15 86 2014 171 13 198 12 89 100 475 227 220 17 100 21 175 13 213 5 3 6 4 $18% 17% 184 +1 7 1 18% 12% Anacon 22416 Anglo Hur 300 Ang Rouyn - 4100 Ansil 65404 Apex Res Lake Cin L Duyfault Lake Ling L Osu L Shore 6750 1101546 Bankfield Barnat Barvue 11600 Bary Expl 2800 B Metals 137: Baska 990 B-Duq 12680 Beaucage 15900 Beav Lod 10000 Belcher 49492 Belleterre 1300 Bethim 14000 Bevcon 48600 Bibis 10000 Bicroft 19526 Bicroft wts 2550 Bidcop 3200 Black Bay 1700 Bonville 6500 Bordulac 2000 Bouscad 6000 Bouzan 25000 Boymar 18600 Bralorne 5840 Broul Reef 19250 Binhrst 11500 Brunsman 9000 Brunswick 3700 3000 700 7500 Bunker Hill 3300 Maneast U Maralgo Maritime Mcintyre McKen McMar Cable 47689 Camp Chib 17750 amp RL 3300 Astoria 6000 Dyno 5025 Malart 80400 N Inca 4164 Nwest 4533 dn Thor 4500 anam 8500 andore 13500 an-Erin 47000 an-Met 81095 Met wits 3300 N Kelore aptain 15500 Newlund N Goldvue N Harri N Hosco 6000 2 N Man 3100 5 : + N Minda 3500 Newnor 111450 New Rouyn 12000 MN eneay 1000900 ag re nd : y Nipissing 6100 : Nisto j00, 8 + : Nor-Acme : ; Noranda Norlartie Normelal Norpax oin Lake Norsyne oldstrm slomac omb Met oniagas on-Key Belkno 11700 Beta G 2417 Callinan 75500 Denison 10850 Den wits 7985 Discovry 12940 Fen 4892 on Gillies 2000 G Arrow 14950 Halliwell 400100 Howey 2240 Marben 5640 Marcus 2258 M and § 9068 Mogul 3680 Morrison 20200 Mosher Negus Northld Persh Red Pop 4000 Regcourt 4500 Sannorm Con Sud Conwest Cop Corp Cop-Man Coprand Coulee Cournor Crestaur Crilinor Crowpat Cusco Daering D'Aragon De Cour Deer Horn D'Eldona Delnite Dome Donalda Duvan North Can Norvalie Nudul O'Brien AOA AAR AAAANOAANOAAAAAAAAAAAAAAAAAAAAAARAARARNARAAAAAARA Rainville Rayrock 18600 Renabie Emphi 318200 East Mal 114985 East Sull 2450 East Met East Min Elder Eldrich El Sol Eureka Expl All Falcon Faraday Fara wis F'west T Fed Kirk Francoeur Frobishr Geco Mines 4327 Genex 9100 Stanrck Geo Scien 1000 bl 3 7 Starratt Gnt Masct 5200 4 Steeloy Giant YK 605 5:3 s 5 Steep R Glacier 8500 Sturgeon Glenn Uran 7100 Goldale 7200 Gold Eagle 13600 Gold Man 36950 GF Uran 222850 Grah Bousq 1000 Grandroy 8725 Granduc 11375 Greyhk 86900 Gulch 19700 Gulf Lead 6000 Thom L Gunnar 10489 y Tiara Gun wts 6510 B83 5 825 57 Tombill Gwillim 13650 7 100 ns Res Hallnor Tra Halmon 82650 80 9 Tribag Hard Rock 3160 Trin Chib Har-Min 12500 Ult-Shaw U Mining Hasaga 1511 H ¢f Lakes 1000 U Asbestos U Estella Headway 15950 Heath 18100 Heva High-Bell Hollinger Hoyle Hud Bay Hugh-P Ind Lake Inspirtn Int Nickel Int Ran Irish Cop Iron Bay J Waite Jacobus Jaye Expl Jeanette Jellicoe Joburke Joliet St Michael Sand Riv Sheep Cr Sherritt Sigma Sil Miller Sil Stand Siscce Slocan VR Stdcona 11275 175 160 Stanleigh $15% 14% Sullivan Sunburst Surf Inlet Sylvanite Taurcanis Taurcan vt Teck-H Temag Un For rts 91 Upp Can Vandoo Ventures Yellorex Yk Bear 21 Zenmac Zulapa 6: Jonsmith Curb Jowsey 3 Bulolo Kenville k 5 Coast Cop Kerr Add Pato Kilembe 5 150 175 Kilem wits 3600 444 36 36 --4l4 Yukon Con 4 New Jason 55500 Norsp A wts 4200 Obaska 1500 73350 6000 15000 San Ant 1200 38000 19 12400 55 3 15938 390 250 5 25000 y 6500 a 4 + 12 4 48360 5000 Sud Cont 5000 3 a 3591 g 35 170 8400 12 5000 4 4% [ 314 5750 100 3233 9 9525 h 8 8 5 + 15 206 Pend Ore 250 92 612 25 40 16 67% 10% 62 14 1 8 2 62 55 41 16 15% 4 11 22 6 4 18 5 3 201 415 most violent strikes Quebec prov- 11 13 6 6 12 20 17 7 900 3 325 325 N Mylama 269821 36% 13 0 2000 Va 9% 4% marked the seven-month strike 500 8 9 3%llast year by 151 57 W5 118 18 37 5 271 350 183 400 139 101 40 10% % M Beso) 3 2B 30 14 preventing it from taking any ac- 0 to 5 11% 11%3| In Toronto, research director neutralization of the states con-| 575 1 19 25 41 4 33 14 20 24 92 105 5 8 35 5 425 3 3 23 420 80 Ki 5 9 4 6 70 13 A] 35 last. 17 125 24 5%2 merce--is estimated at 1,466 ve- 31 9 28 8 4 365 8016 60 23 2700 3 5800 56 4834 9 5 13500 + 5 16 20010 114 Stanlgh wts 7060 35 - 2 45 314; 5 2 175 8 3 4% 4 830 34400 45 5 38 Towag 1000 9000 111600 3 18 120200 38 5 16 16783 3 k 27 6100 3 17 4245 5% 340 6 40 503 29% 21 115 515 18 62 5 66 13 125 10 4 10 2 380 95 95 2 69 ! 16% 200 11% 550 300 100 290 183 105 275 3 250 250 250 3 180 66 100 63, 54 Investors Ignore 6-Month Reports By GERR YMARTIN The firmer tone in coppers Canadian Press Staff Writer came with the first domestic cop- Investors ignored a flock of de-|per price rise in almost two pressing half-yearly reports and|years. International nickel an- continued to push Canadian stock nounced the hike last Friday and markets higher this week. Noranda followed suit Monday. Yet despite the rise market ob-| On the week International servers interjected a cautious "'go|Nickel was down 50 cents at $79 slow." Pointing to the fact Cana-|but almost every other issue con- dian markets react to New York{nected with the red metal was they wared that any sudden|up a few cents. Middle East developments could] While most base metal stocks bring a sharp turn downward.|were ahead Hudson Bay mining However this was one of the best|was an exception. The stock was week's for New York this year. selling at $51. when hit by two Coppers gave base metals aldepressing reports. Its earnings boost, making the section the|for the first six months were leaders at Toronto with a 4'3|down 48 per cent from the same! point index gain, The base metal period last year anc the com- index closed at a 1958 high of pany was named as a particip- 165.31, |ant in a price war in 1955, Industrials climbed 2!'2 points on index, western oils were ahead just under one point while golds had nearly a half-point win. | Steels that gave New York its| big boost at mid-week were not | overly active at Toronto. Steol| Company of Canada was up 75 cents but--Algoma was off $1 at $31. Pipe lines and gas companies were the strong points among in- dustrials. NEW HOSCO ACTIVE Among speculative issues New Hosco was the most active trad- ing 1,389,000 shares. On the week it lost 10 cents at $3.35. Index gains at Toronto: Indus- trials 3.50 to 464.50; golds .44 to 82.91; base metals 4.66 to 165.31; western oils .91 to 139.43. Index changes at Montreal Banks up .15 to 52.42: utilities up .6 to 140.2; industrials up 1.9 to 274.6: combined up 1.5 to 229.8; papers new unchanged at 379.8; |papers old off 7.42 to 1,148.18; Igolds off .25 to 71.38. : At Gaspe Mine 5 | MURDOCHVILLE, Que. (CP)--|gaid the U.S. Treasury wiil prob-| 35% claiming Gaspe Copper refused to 4 45% ] a1; |bec board rejected its application 31% for 4% 204,438 * Pulp President supervising Canadian race track betting. NEW YORK (AP) -- Price in-|giants as General Motors and He said the agriculture depari- creases in aiuuminum and steel{U.S. Steel, made rather dismal ment, which handles the supervi-|set the stage for a new round|reading but stockholders were sion, charges one-half of one per|of inflation this week as the busi-|told that things are finally pick- cent of the money wagered and|ness tempo in the United States|ing up. had been taking in more money quickened. Chairman Roger M. Blough of than it spent. The steel price boost will|U.S, Steel forecast a modest im- This had caused some criticism [heighten the cost of making|provement in the third quarter and as a result of suggestions, he|th ds of items) after reporting a 41 - per - cent told Samuel Boulanger (L-- ranging from step - on garbage|slide in profits for the first six Drummond-Arthabaska), the gov-|cans to refrigerators and cars.|months. President Harlow H. ernment had allocated more|But competition being what it is,|Curtice of General Motors re- money this year for saliva and|there may not be any general rise|porting earnings for the first half urine testing of horses plus an|in retail prices for a while. down 30 per cent, deciared: "eye in the sky" camera shoot-| Industry people say the three-|"There are indications that the ing panorama views of races. |per-cent increase in mill pricesicountry has passed the bottom of Mr. Harkness said this ac-|of sheet and strip steel will add|the recession and that a modest counts for the increase of $20,697|about $8 to the cost of producing|upward trend bas begun." | |ince has known, raised no objec-| | tion. Explosions resulting in one death, rioting and acts of vio: |lence against a ship and train carrying Gaspe Copper ore the United Steel- {workers of America (CLC) against the company. |The allocation totals nearly $280,-|0or washing machine. made by producers in April. ment, announced plans for re- ary fires. drill pipe for the oil industry, |The Murdochville Workers Asso-|ably show $12,000,000,000 deficit at|showed new signs of life. Copper Mines Ltd. plant in this| aise the ceiling on the national House a bill designed to ielp the cation July 3. The company, in-| This week's corporate earnings freight rates and passenger In Mid-East Situati J The union called the walkout, n 1 as 1 ua 10N lin the department's allocation|an automobile and a few pennies; ne oF RECOVERY |this year for betting supervision.|to the cost of making a stove Scattered signs of recovery this 000. The aluminum increase (seven- Week included the following: | tenths of a cent a pound) par- General Motors' Delco division, tially restores a two - cent cut|Which makes auto ignition equip- | - - | Certify Union Prospects of government def- calling 500 workers this month. { icit financing fanned inflation. U.S. Steel Corporations Na- [tional Tube division, which makes HUGE DEBT planned to rekindle an idle blast Treasury Secretary Anderson furnace. The construction indusry ciation, an unaffiliated union, hasithe end of its current fiscal year.! Even the recession - plagued been certified as bargaining Anderson joined President Eisen- raiiroad industry had cause for agent for workers at the Gaspe hower in asking Congress to cheer. Congress sent to the White |Gaspe peninsula centre, it Was debt so the government can bor- railroads out of the mire via {learned Friday. {row more money. The debt limit|$500,000,000 in government-backed The union was granted certifi-\js $280,000,000,000. loans and more leeway to adjust [volved 'ast year in one of theireports, including those of such|schedules. U.S. Seeks Guarantee ) ] ed | By GEORGE KITCHEN Khrushchev the counter - charge Jecognize the Murdochville USWA! (Canadian Press Staff Writer |that Russia has been guilty of in- ocai. | An outline of what the United|direct aggression -- and perhaps 7a It applied to the Quebec Labor cote hopes to achieve at a Mid-|make it stick. Relations Board for certification 4 : i " ie fi | flit ) dle East summit conference is| Eisenhower put his finger on (but the appeal was stalied when beginning to emerge from the/thenub of the American case Fri- the, company brought r Ht of pre-conference manoeuvering and day when, in his latest commu- prohibition against the board, aining goirg on between nication to Khrushchev, he wrote: Washington and Mosccw. "= The Problem u fhe Middle What the U.S. will be looking|[ast Is not one of a threat o Mii mil IS a oo Na. gression by the United States [tions guarantee, either through Ppt Jarier goo {htest, bY hers: W. F. Cleve Kidd of the United cerned or a far more extensive | 28ainst independent states." | Steelworkers, said the USWA|cbserver corps, that would coun- DULLES PLAN |abandoned its organizing activi-|ter the threat of indirect aggres- ' Eisenhower did not spell out ties last February when the Que-|sion. what nation or nations he meant oh 8 al This, of course, will be the|in using the words "by others" certification as bargaining American counier-move to the|but the point will not be missed agent for the mine workers. |goviet charge that the United in Moscow. | He said we're not active states, through the landing of its, Dulles developed the American |there at all now. marines in Lebaron, has been! case in more detail at his press {tion on the union petition. Gaspe Copper claimed the union was il- legally organized. TT {guilty of direct aggression. conference Thursday. He indi- | ¢ " |cated the U.S. feels the question Sharp Drop I [MAKING IT STICK \ ks of preventing indirect aggression | | From the outset, Washington must he settled before the 'ssie | has dragged its feet on the ques-| of a general settlement of Mi "e C Py - tion of whether or not to attend| East problems can be taken al roduction {a summit conference because ofl Among possible solutions to the |a fear that Russia would use it proplem, he mentioned formation ~ TORONTO (CP) -- Ch ver [as a pr vehicle to brand |of a standing UN group that could to 1959 models and annual vaca-|the United States before the neu- go to "any place that felt itself tions resulted in a sharp drop in tral world as an aggressor. |endangered by indirect aggres- Canadian motor vehicle produc-| That fear still exists but Pres- sion" and the establishment of a tion this week compared with ident Eisenhower and State Sec-|UN agency to monitor Middle etary Dulles now Zpparently feel East radio broadcasts and report i Productio v ine |they have a sufficiently docu-jon those fomenting civil strife las ucton A Campane mented case to hurl back ati from outside the country involved. Automobile. Chamber of Com- | Boost Pri {week's 5,852. The total consists 00S Ice of 998 automobiles, compared od with 4,404, and of 468 trucks, | Of Aluminum num and competitive materials." compared with 1,448. He was referring to increases i is 'wi | MONTREAL (CP)--Alumini : : =0 Productions this 'year to date| ,M¢ uminium gp, cteel prices of $4.25 to $4.50 a [is 241,449 vehicles, compared with [Limited announced Friday its'¢o; announced within the last few (298.855 for the corresponding pe-|Price of aluminum in the United|q,. "of 1s, producers. riod last year. This consisted of States market is to be increased "my .ca were followed by an an- automobiles, compared|'7 cents a pound, effective today. ;,, ncement by the Aluminum (with 248,578. and 37.011 trucks,| Prices in other markets are not Company of America, world's {compared with 50,277. affected. {largest producer, of a boost of .7 Automobile production by the | Nathanael V. Davis, president |a pound in its basic aluminum various companies for the week|of Aluminium Limited, said the pig, effective Friday. and the year to date, with com- SER iparative figures for last week |and last year in brackets were: Chrysler Corporation 489 101,200); 31,564 (56,511). Ford | Motor 413 (2,233); 57,814 (74,628, ! | including Monarch). General | increase on the U.S. market ap- pears to be warranted "in the |iight of the improvement in the | price relationship between alumi- fhicles, a drop of 4,386 from last Motors none (852); 112,542 (111,- ). Studebaker - Packard 96 FOR STAFF HOLIDAYS 119); 2,518 (4,094). tae Houres for truck produc- | MONDAY, AUGUST 4 - 11TH SST EE MURRAY MILLER (5,303). Ford 311 (503); 10,751 341 ATHOL ST. EAST OSHAWA (16,690). General Motors none (546); 15,628 (19,894). Interna-| tional Harvester none (229); 6,381 (8,390). | | Not Optimistic QUEBEC. (CP)--The president of Price Brothers and Company. |Ltd., sdys the immediate outlook |for the pulp and paper industry |is not encouraging. | The opinion was given by pres- |ident A. C. Price in a report Fri- |day to shareholders. In the report he reviewed, without quoting fig- ures, business during the two first quarters of 1958, The industry was in a1 slump last year, the report said, and in 1958, "there has been a further considerable decline in the first, three months." OSHAWA RAILWAY BUS SERVICES CHANGE IN BUS SCHEDULES EFFECTIVE AUGUST 5, 1958 Service on the North Loop of the Oshawa Blvd. Route will be discontinued after 7:00 p.m. (Fridays 9:00 p.m.) . ST IN QUAL FINEST IN FEATURE hey | | | | i 289 PARK RD. §. Finest Screen and Storm Window Anywhere Call for Free Estimates RA 8.8571 COLONIAL : A 15-minute service will be in effect on Simcoe St. until 7:00 p.m. (Fridays 9:00 p.m.) and a 30-minute service thereafter. CANADIAN NATIONAL TRANSPORTATION LTD. For further information telephone RA 5-1011 ----- fo