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16 THE DAILY TIMES-GAZETTE, Tussdey, August 5, 1958 Today's Toronto and Montreal Stocks 580 100 230 206 5 +1 +1 Leitch Lexindin Lyndhrst Macdon MacLeod Madsen Malartie Maneast U Cdn Dev C Ex Gas C Homestd Cdn W O Cent Del C Dragon C Mie Mac C W Pete ris Cree Ol Cree wis 580 25 206 TORONTO ols Ld Toronto Stock Exchange--Aug. § (Quotations in cents unless marked §, lot, xd--Exdividend, xr--Fx- rights, xw--Ex-warrants,) Industrials 11 Net Sales High Low sm. Ch'ge 304 829 2% B% + W 225 bl 9 225 9 9 350 180 175 200 150 150 1495 $18 18 $31% 31 205 $19% 19 Meta Uran Milliken Min. Corp Mt Wright Nama Cr vi Lab New Alger New Delhi N Dicken New Hosco New Jason N Man N Mylama New Rouyn Noranda Norlartie Normetal Stock Abitibi Acad-Atl Acad-Atl A Alta Dist Alta Dist vt Alta Gas Algoma Alg Cen vt Alumini 1172 $30% Argus 340 $23% Argus 2.40 pr 50 $52% A Art 500 89% Bell Phone 348 S42 Br Cord A 780 316% Brazil 106 86% BC Forest Pac Pete Pan West Permo Peruv Oils Provo Gas Richwil 400 Pete 11666 Rocky 150 000 23% ~~ Y% 52% Laid % 16% 6% + Hh 12%, 12% 40% 40% -- % 30 23% 52% 9 41% 16% 6% Royalite Stanwell D Glass D Steel ord Dom Stores Dom Tar Dom Text Du Pont Du Pont pr Fam Play Foundation Fraser Gen Bake Gen Dynam GS Wares Gypsum Home Oil A Hud Bay Imp Oil Imp Tob Ind Accep Int Nickel Inter PL Jamaica Labatt MacMill B Massey F McColl Mersey pr +1 +H H +1 140 5 zi Mitch RobA Molson A Noranda Ont Steel Pac Pete Pow Corp Price Br z100 $12% BC Pow 225 $40% BC Phone z10 $43 Bruck A 250 $5 Burns 545 $14 Cal Pow 300 $70% Cdn Brew 625 $32% C Br Alum 200 89% Cdn Can A 110 $13% C Curt W 100 145 C Hydro C 25 8 "dn Oil 50 $28% Ofl wis 55 400 200 U5 827% 237 $14 "a 4 5 5 14 14 32% 327 9 9 13% CPR Cdn Pet pr CWN Gas pr 220 $16 CWN Gas 5% 250 $21 Cockshutt 400 $13% Con Baks 240 87% Con Gas 75 $31% Dist Seag 2100 $30% D Fndry 25 2 Dom Tar 160 $13% Fam Play 250 $19% Fanny F 275 816% Ford A xd 50 $89% ¥ndtn New 225 $13% Gatineau 40 $34 G Dev 400 818% GL Paper 25 $31 Greyhnd 100 $10% Gypsum 50 $35 Imp Oil 125 846% Imp Tob 125 $13% Ind Accep Inglis Inland C pr Inland Gas Inland G pr Inter PL Inv Syn A Jeff Lake Kelly D A Lakeland Lakeld Debs LobCo A LobCo B LobCo pr MacMill B Massey-F Massey -F pr McColl Mersey pr M-West wis Mont Loco Moore 85 §76% N Drug p xd 100 $1445 N Star w 87 225 375 NO Nat Gas z145 815 Q Jockey 400 195 © Jock wis 100 $15% 335 950% 100 $15% 400 320 10 $83 150 $30% 220 $94% 1 $60 z10 847% 300 45 250 815% 200 43 50 835% 75 478 Q N Gas 2 25 Roe AV Can 8125 S154 Roe 3%pe 80 $104%4 Royal Bank 9 Russell Shawin Sicks Simpsons Stedman Steel Can Suptest ord Tor Star pr Tr Can PL Trans-Mt J Telefilms 127 $63% 2100 $17% 210 353% 1137 332% s Asbestos CD Sug xd Dupont Int Pap Ogilvie 20 28% 100. 323% 5 32 Oils n 2500 4000 1000 200 100 Acme Gas Am Leduc Anchor Asamers Balley § A Britalta 800 Cdn Atl Oll 355 C Chieftn 1000 18 175 98 180 -- Secret Forecasts New Sern By ALAN HARVEY OTTAWA (CP)--Debate contin-| ues today on a sizzling issue that | threatens to become a serial| story in Canadia . politics--| whether confidential official eco-| nomic forecasts should be pub- lished or withheld. The question, with its echoes of the March 31 election campaign, stirred party passions in the Commons again Monday aight as Opposition Leader Pearson, re- versing election roles, charged Prime Minister Diefenbaker with| "gross negligence." Finance Minister Fleming, re- plying for the government, brushed aside Mr. Pearson's crit-| jeism as a "bogus exhibition." He| described as 'puny, forlorn, and ill-begotten" a want-of-confidence| motion moved by Mr. Pearson charging that government actions had weakened the value of confi- dential advice from civil serv- ants, "with resuitant damage to the proper: formulation of eco- nomic and fiscal policies. NOT PECISE Mr. Fleming did not refer in precise terms to the official eco- nomic forecast under discussion, calling it merely 'some docu- ment or other." If he commented on it, he said, the Liberals would be entitled to demand .hat the document be published. 70% 70% + 19% + % 145 4 4 385% BY +H 6 65 1 "Bh 28% +] 9B 19 200 Norpax YaNorsyne N Rank Northsp N Goldest Norvalle O'Brien Ogama Opem Paramaq Parbec Pater Perron Pick Crow Pitch-Ore Pr Bord Pros Air Purdex Que Ascot Que Chib Que Cop Que Lith Q Metal Quemont Radiore Rayrock Rexspar Roche Rockwin Rowan Con Sherritt Slocan VR Stanleigh Stanrck Starratt Steep R Sylvanite Taurcanis Teck-H Temag Thom L Towa, Un Keno Un For ris Ventures Violam Wai'e Am W Malar Wr Harg Yale Lead Yk Bear Zenmac Triad Oil Un Oils Westburn Que Nat Gas Que Pow Roe AV Can Royal Bank StL Corp StL Cem A StL C A pr Balada-§ Shawin Bhawin A Simpsons Steel Can Tr-Can PL Triad Oil Walk GW Weston A Zellers % h--% Ww Maygill W Decalta Alba Expl Algom Algom viw Amal Rare Arjon Atlin-R Aumaq Bankeno Barnat Barvue B Metals Baska B-Duq Belcher Bethim Bibis Bouzan Bralorne Camp Chib C Dyno Con Gas D Oilcloth Lambert A Que Phone Shop Save T Fin A Trans Can Trans Mt Un Gas Coldstrm Coniagas * Bellekno ! Beta G Callinan > Denison Den wis Discovery 2500 1: > Halliwell > Howey > M and § Mogul Morrison Con Negus C Regeourt C Sannorm Con Sud Cop Corp Coprand Croinor Cusco Daering D'Aragon Deer Horn Donalda Alscope Baker Tale Barnat Beatrice Bellechase Bornite Burnt Hill Camp Chib Cdn Atl Oil € Lithium Canalask Can Met Canuba Cartier M Cent Del Chib Jac Continental East Sull Emp Oil Falcon Fatima Fontana Hollinger In Ceramie Iso Uran Kerr Add Maritime Marpie 29 119 585 9 120 20% 20% 100 93 » » C « « « « « C C C « C 350 305 350 305 71,182,000, MONTREAL By The Canadian Press Montreal Stock Exchange--Aug. § (Quotations in cents unless marked §, 2---0Odd lot, xd---Exdividend, xr--Ex- rights, xw-Ex-warrants,) - Sales High Low Noyes 260 $31% 31 3 - 1573 $30%4 30% - Merrill 100 $47 47% + Mid Chib 75 $41 41 + Monpre 280 Montgary 100 New Hosco 135 NA Rare M Opemiska Paudash Pitt Gold Porcupine Portage Pim rts Que Cobalt Provo Purdex Que Chib Que Cop Qué Smelt Red Crest Steep R Tazin Tib Expl Trebor Un Oils Ventures Virginia Wendell Sales to 11 am.: +» Stock Algoma Alumin Alum 2 pr Anglo Tel pr Asbestos Atlas Steel Bank Mont Bell Phone Francoeur Geco Mines Genex Glenn Uran Gold Man GF Uran Grah Bousq 6000 Grandroy 500 Grandue 400 Gulch 2000 Gulf Lead 500 Gunnar 1630 Gun wis 720 Gwillim 1000 Halmon 5800 Headway 2000 Hollinger 215 Hoyle 400 Hud Bay Ld Int Nickel 2145 Int Ran 14000 J Waite 1000 Jacobus 1225 Jaye Expl 3000 Jonsmith 3000 Kerr Add 520 Kilembe 200 Kirk Min 10000 Labrador 470 L Dufault 1. Shore BC Forest BC Power Brown 225 1200 500 50 175 > Br Alu wis 225 Celan 200 Hydrocar 100 In Power 250 1 Pow pr 40 Cdn Ol 125 CPR 200 Cockshutt 275 Con M and § 2250 Corby A 25 Dist Seag 330 D Bridge 260 D Fndry 50 Sales to 11 500 800 $32 Canadian 10000 1000 :30 a.m,: industrials 232,500, mines and oils 110,800, isha TIME: 11:57 a.m, EDT Building Hits 7-Month Peak TORONTO (CP) -- Canadian building contracts in the first seven months of this year reached a record figure of $2,000, 877,900, says Hugh C. MacLean Building Reports. This was an increase of $360, 672.400 over the same period in 1957, and of $5,295,800 over the previous record established in 1956. | July contracts totalled $317,- 626,200, up $69,525,700 from July last year. Residential building was up 82.3 per cent in the seven -month period and business by 32.3 per cent. Industrial and engineering were both down. Seven-month figures by cate- gories were: Residential $793, 971,300, up $358,546,700; business $610,998,800, up $149,802,800; in- dustrial $150,276,300, down $126,- 263,600; engineering $445,641,500, down $21,413,500. Seven-month figures by regions were: Atlantic $184,985,000, up |$92,065,300; Quebec $540,838,600, up $241,369,000; Ontario $852,674, |000, up $93,786,600; western $422,- 1389,400, down $66,548,500. Tree: Lifting Oil Barriers | | WASHINGTON (CP) -- Con- |gressman Frank M. Coffin (Dem. | Me.) urged President Eisenhower | in a letter made public Monday night to lift restrictions on im-| 77 7" -3 214 70% -- % 210 237 25 | 340 333 240 25 75 z110 476 50 300 175 720 400 z140 225 215 26 30% 23% 63% 32 460 29 $32 32 $32% 32% 21% 23% 2 821% $23% $22 834% 34 N% 36s 10 4 16% 2% 15 57% 84 ports of Canadian oil as "an ef-| fective and concrete step" to im-! prove Canada-U.S. relations Urging a review of U.S. oil im- port policy, Coffin wrote that "at the very least it would seem to me entirely practical to roll back the restrictive oil import policy to remove Canada from the cate- gory of 'foreign oil." "Such a rollback would be en- tirely consistent with the defence and security requirements of the North American continent." Coffin said the import restrie- tions have jeopardized U.S. long- range national security, threal- ened orderly development of markets and caused friction be- tween the United States and Can- ada Coffin, who recently concluded a study of Canada-U.S. relations with Congressman Brooks Hays (Dem. Ark.), noted that Eisen- hower included this statement in an address to the Canadian Com- mons last month: "We believe that to ensure adequate supplies of oil in an emergency, it is nec- essary that exploration to develop oil resources be carried forward with vigor." That objective, Coffin said, could not 'realistically be re- stricted to our own national bor- ders since our entire continental defence concept assumes a. unity of the two nations in these mat- ters." NO SNOOPERS, PLEASE LONDON (Reuters)--A thou- sand British nudists will boycott an international naturist congress this month because they claim there are no adequate safeguards to keep out snoopers. The con- gress, attended by sun-bathing enthusiasts from the United States and Europe, opens Aug. 14 at the private estate of the Duke of Bedford. More than 300 over- seas nudists are expected. M 8100 3000 300 500 1000 000 1500 500 100 2400 2000 600 2000 7500 200 2100 2600 200 555 2100 600 z10 2800 1000 2200 1000 500 2600 7400 1000 300 600 500 3000 6000 2000 600 200 500 3500 500 700 500 6000 17 2000 26 29% 2% 3 600 250 8 4000 2000 his emotion as he recalled the nadian resources, the danger of| "hidden report" of 1957 and|inflation and the existence of asked why the government now| symptoms of inflation and reces- refused to table the 1958 forecas). sion. "How in the name of common| The "hidden report" issue also decency can they keep this report was the subject of a statement by, hidden?" asked Mr, Pearson. |Trade Minister Churchill, who de- al Stor J {SAYS PICTURE DISTORTED [nied statements attributed to him Mr. Diefenbaker in quoting|PY the Ottawa Journal, Toronto Mr. Pearson called the report| selected excerpts" from .he 1057| yr cs am and Toronto Giobe and "the Canadian economic outlook" | report had presented a "com- . for 1958. It is a document pre-|pietely inaccurate: and distorted pared each spring by trade de- picture." partment experts for use by the| mye Opposition leader said Mr. cerpts in the Toronto Star story. government. Diefenbaker, by his '"'improper| Later, at question time, the op- Monday night's debate, on ajdeed" last January in making position grilled Mr. Churchill supply motion, arose after publi-| public the 1957 report, was solely closely on the excerpts. cation in the Toronto Star "ast responsible for the fact that valu. | -------- -------- Friday of an Ottawa story con-|abhle economic forecasting had . 4 Sees Big Growth The statements which he denied all were to the effect that he had {confirmed the accuracy of the ex- taining excerpts from the 1958 re- hecome a "political football and In Apple Industry port. hot news." The story noted discrepancies] Mr. Fleming said if he an- THORNBURY (CP)--Ontario's apple industry is facing its poten- between the excerpts and some swered demands to confirm the| economic forecasts in Mr. Flem- authenticity of the excerpts, the| ing's June 17 budget speech. {opposition would have the right NO DENIAL demand publication of the en-|ijz1ly greatest expansion period Mr. Pearson repeatediy chal ne to Pe * because of the opening of the St. lenged Mr. Diefenbaker, Mr. EVIVING OLD ISSUES Lawrence Seaway, says C. H. Fleming and other ministers] He said "history is repeating Mitchell, president of Georgian Monday night to challenge thelitself." Mr. Pearson was seeking Bay Fruit Growers Ltd, authenticity of the excerpts. They/to "fight Waterloo al. over Mr. Mitchell told the com- did not deny the story. again" by reviving issues/Pany's annual meeting Saturday Galleries were crowded for the| thrashed out last January. [that his company, anticipating in- debate, charged with overtones of He said the Toronto Star is a creased business when the sea- the last election campaign and newspaper not "animated by any Way opens, has acquired plants memories of the debate Jan. 20| desire to be fair to anybody who|at Colborne and Bath to operate when Mr. Diefenbaker unexpec- calls himself a Conservative," [38 Seawa, Foods Ltd, ~ tedly produced the 1957 economic| Replying to Mr. Pearson's ar- -- report, prepared under a Liberal guments that some budg.t state- STOPPED | government; and accused the Lib- iments were at variance with IN A JIFFY | erals of deliberately concealing other economic forecasts, Mr. or money back | the report. He said it contained|Fleming said his budget assess- Very first use of soothing, cooling liquid economic warnings that were ig- ment was "fair, balanced and oD. Troncripton J Nively telieves nored by the Liberal budget in/frank." ecalpirritation, chufing hi Bog ie Bb the "spring of 1957 He recalled references in the Greaselem, Stainiem. 30¢ trial bottle must Mr. Pearson, Mr. Diefenbaker's budget speech to a decline in ex- *tisfy or money back. Don't suffer. Ask target then, did not seek to hide!port demands for some basic Ca |YoUf drussist for D.D.D. PRESCRIPTION. Get the facts...you'll agree "IT'S THE ONE FOR ME" Frigidaire COMME FOR BUSINESS INDUSTRIAL AND INSTITUTIONAL USE HOME APPLIANCES (OSHAWA) LTD. 90 SIMCOE ST. SOUTH RCIAL REFRIGERATION BUILT AND BACKED BY GENERAL MOTORS PHONE RA 5-5332 Tells How $1.75 a Month Doubles Insurance Protection ; "Two summers ago, during a fishing trip, a sudden squall swamped our boat. I was knocked unconscious, but my companion was able to keep me afloat until help came. "This narrow escape drove home to me the value of my $10,000 Confederation Life policy. For $1.75 a month, I had added an Accidental Death and Dismemberment Clause. Had 1 not been saved, Confederation would have paid my wife twice the face value of the policy --$20{000 instead of $10,000. "I'm told that 10% of all deaths are accidental. And while I know insurance can't prevent accidents, it does provide financial protection for my family and complete peace of mind for me." A $10,000 Confederation Policy with Accidental Death and Dismemberment Benefit Pays: ® Liberal cash payments for non-fatal dismem- berment accidents and © $10,000 if you die from natural causes. * $20,000 if you die by accident. * $30,000 if you die by accident while a passen- ger in a commercial bug, taxi, street car, train, ship or commercial aircraft, or in a fire in a hotel, theatre, school or government building. PROTECT THE ONES YOU Li E, CONSULT deration Life ASSOCIATION Dismemberment Benefit call: For Free Folder describing the New Accidental Death and | H. M. Harvey, District Manager, 100 Simcoe Street, South BUSINESS SPOTLIGHT Canada Good Customer For France's Cognac MONTREAL (CP) -- Canadian connoisseurs, says Henri Coquil- land, can detect good brandy with as sure a skill as their snif- fing counterparts in France, It's Mr. Coquillaud's business to cater to educated tastebuds. As director general of France's Bureau National du Cognac, he is a watchdog over the standards of the French cognac industry. Canada is a good customer for the industry, he says, and the Ca- nadian taste ranks with the best his country can offer, Last year Canada imported 201,865 proof gallons o: brandy-- the equivalent of about 1,000,000 bottles--most of it French Cog- nac, Before taxes were added to the retail price, it was worth $1,- because they believe that cognac is good for what ails you," he said, "They're right." He said Premier de Gaulle of- fered proof of cognac's medicinal effects. Although on a strict diet, he managed a little sip daily. "It makes him feel fine," said Mr. Coquillaud, He said France: is her own bes! {customer for cognac. Of 80,000, 000 bottles produced annually, 20,- 000,000 are consumed on the do- mestic market and the rest sold all over the world. HOME PROVINCE TINY Most of it comes from grapes grown from the chalky soil of the tiny province of Cognac, an area 350 miles south of Paris that t Bond Conversica Drive Progresses - OTTAWA (CP)--Tae governs, ment's bond conversion drive has, produced conversion orders fori almost one-half the outstandingt $6,416,000,000 worth of victory: bonds, the Bank of Canada res ports. : | Most of these orders camel {from major corporations ands other big victory bond holders. Bond dealers and othr salesm now are concentrating on inte sive promotion coverage of indi< viduals. : Antibiotic Drug Prices Checked | OTTAWA (CP)--Justice Minis« ter Fulton said Monday in the Commons that officials of his des |partment are making inquiries into United States reports of are bitrary price-fixing of antibiot{ drugs by six major US, drug {drank 8,000,000 bottles, possibly water, looms large in the French econ-|companies. - |omy, says Mr. Coguillaud. Mr, Fulton made the reply to His bureau was established fol-|Harold Winch (CCF--Vancouver lowing the Second World War by|gast), who said the Unifed States the French goverament, in €0-0p- | federal rade Somissie Jad eration w producers, to pro-icharged six drug companies vide technical and economic gut: fixing the prices of the drugs L ance for the cognac industry. arbitrary, non - competitive a 3 Jurd host Sou | It issues it's golden yellow cer-| igid Sr omer, after the United States and |tificates attesting to the origin ' " Great Britain. |and quality of every shipment |, M"" hig Tg gg gg BS The U.S, last year consumed 5,- leaving Cognac. | "gimilar illegal practices" in 250,000 bottles compared with] Mr, Coquillaud, 52, was inter- Canada only 1,000,000 in 1952, | viewed during a holiday week-| : "By 1960 we expect cognac to|end in Montreal after discussions corner one-third of the U.S. bev-|with United States importers and erage sales market," Mr. Coquil-|distributors. laud said. Just to prove it was a holiday, "The British Isles last -year he washed down his lunch with The demand was up appre- ciably from 1956, when 185,385 proof gallons of $1,510,379 pre- taxed value were imported. 3RD BEST CUSTOMER The 'mports' rank Canada as France's third best cognac cust-| Don't Neglect Slipping FALSE TEETH Do false teeth drop, ##p or wobble when you talk, eat, laugh or sneeze' Don't be annoyed and embarrassed! by such handicaps. FASTEETH, an. alkaline (non-acid) powder to sprinisy kle on your plates, keeps false more firmly set, Gives confident fesle ing of security and added Sonor No gummy, gooe; asty taste or feels PRO TRERH ton gave the American report at {a meeting of the International Pinpoints Deaths . . |Geophysical Year committee. Soviet Satellites pA oo no comment son) MOSCOW (AP)--American sci. oviet scientists after Jastrow |entists Monday pinpointed the read his report, |spectacular deaths and grave- pads of Russia's Sputniks I and They said the rocket of Sputnik I probably went down in Outer |Mongolia, scattering fragments over the eastern U.S.S.R. and the Chinese mainland, last Dec. 1. Sputnik II, with the dead space dog Laika aboard, exploded over the West Indies and plunged into the sea April 14, they said. Soviet scientists and Premier Khrushchev had initially said the first Sputnik rocket landed either in 'Alaska or the western United States and demanded return of the fragments. Dr. Robert Jastrow of the naval research laboratory in Washing- 1 | THE BIG ing. Get drug eounter. CLOSING FOR STAFF HOLIDAYS MONDAY, AUGUST 4-11TH MURRAY MILLER 341 ATHOL ST. EAST OSHAWA * ranch ine * 5ablewo0d.g ; * cherryu ood WOODGRAINED wall finishes! Woodgrained SHEETROCK builds durable, fire-resistant walls quickly and easily; walls which last the lifetime of a house. It requires no decorating and, used in new construction or over existing walls, it adds incomparable beauty to any room ~at a cost far less than that of natural wood! A product of Canadian Gypsum NEW wooncraineo SHEETROCK fireproof gypsum [ wallboard | CRIT EN '® FREE ESTIMATES @ NO DOWN PAYMENT © EASY PAYMENT PLAN @ MORTGAGES ARRANGED OUR NEW 1958 CATALOGUES ARE NOW AVAILABLE -- DROP IN FOR ONE OR PHONE FOR DELIVERY! ""Oshawa's Most C omp AAS lete Supply House" MILLWORK & BUILDING | SUPPLIES 1279 SIMCOE ST. NORTH RA 3-4694