The Oshawa Times, 28 Apr 1959, p. 11

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EL eR ala TODAY'S TORONTO, MONTREAL STOCKS TORONTO ov 1: Highlow a.m, OF 31% 31% 31% By The Canadian Press Ht 0a Toronto Stock Exchange--April #4 (Quotations in cents unless marked §. The tore giants from both sides of Lional and most of the big chains e border say there will always|in the world have grown be a need for the independent only one or two stores. "'N grocer, {Just went out and started | "There is a place for both of Chain." us in this busines H. Mc-| Weston President George Namara, president of A Na-| Metcalf sald that independen 'ea Co, told the annual|tail merchants account for 58 Dish. ovibbuid MEET 1) 1959 Predicted Great Year For George Weston Co. Ltd. TORONTO (CP) President mara, president of Loblaw-con-| Monday of George Wes- cent of food sales in Canada. George C, Metcalf predicts this trolled National Tea Co. in the|ton Ltd. "The well-organized independ year will be even greater for United States, both predicted that! The national chain, controlled ent who works hard is our r {George Weston Ltd. than record. because of the St. Larence Sea-| by Loblaw Companies Ltd., oper- est competitor," he said, Brew {setting 1958 was. way Chicago would outgrow New ates more than 900 stores in the There is room for him in the Cel ' : | The Canadian and American York United States, food business "today and tomor. Chem Cell | economies are on the upswing, he TORONTO (CP) -- Two food Mr, McNamara sald that Na-irow." ish Itold the annual meeting of Wes- Didcosov how Wath fi YOU CAN PACK INTO A DAY IN {the first quarter of this year| |were already shove 1958 Directors of the company, Mr | Metcalf sald, had approved a 10 |eent increase to 70 cents from 60 Fun and fresh air ., . . historical sites . . . smart cities . .. you'll find them all in Eastern Ontario. Here French Canada and Ontario meet and the result is an area where no two miles are the same. Discover it for yourself this year. Stock Bales Bath Pow B50 Bell Phone 2206 Bow Cp §'% pr 10 Bow Mers pr 100 Brazil 108 BA OH 413 BCE 4% pr 250 Forest 100 BC Power Build Prod C Cem xd Can Iron C Bank Com u High Low ». 5 » bib) Hales 1500 » 500 Stock Fatima ¥rancosur Frobisher Geeo Mines Glant YK Glenn Uran Goldale Gid Eagle Greyhk Gunnar Bales elo 325 Stock 8 Propane Suptest Ord Taylor PC 150 TT Tailors 200 Tor Dom Bk 4 Tor Elev T Fin A ps T Fin wi 88 250 Te Can PL #2) Trans Mt n 4 Trans PPL 220 Un Gas | | High Low 11a $16 16 " | $49 | 0 A 0 sw--Ex-warranis,) 630 Industrials HighLow 11 $35% ith $23% sii ith 240 240 $2504 25'4 $2044 04 Bales 500 100 100 100 670 250 450 1175 120 625 300 230 100 100 2) 100 150 Stock Abitibi Abit pr Acad Atl Alta Dist Alta Gas Alg Cen Algoma Alumin Alum Analog Arean Argus Ashdown Atlan Ace Atlas Steel Auty Elec Bk. Mont Bk Mont Bureeloha Bath Pow B Bell Phone 400 Telef Walk GW Webb Knp Weston A Weston B West A wis White Pass Wood J A Woodward A Wdwrd A wt Hollinger Hoyle Hud Bay Int Nickel Int Ran Irish Cop Iso Uran Jacobus Jaye Expl Joburke Kilembe Kilem wis Labrador Lake Cin I. Dufault Wasa 531% a Luz ch Oils leh a 1 1 4 Loin 8 7 ne AP Cons bli Am Led 16 Lorade J Lyndhst ere MreLeod Midsen Magnet Muialgo Maritime « C vt ( po Hh, "Power « Ls CPR © Vickers Com Ent Con M and § 475 Crown Zell A 710 Dist Seag [ D Bridge xd D Glass D Steel D Tor D Text Dow Brew Du Pont A Eddy Mateh 50 Enam Prd B 500 Ford US 210 Foundatn 105 ' 50 $3104 $45 04 54% $37% $15 8614 S28% $24 $30 10 110 $23 #160 813% B Mite $28, ih S41 S00 {in yearly dividends, This works [out to 17% cents a quarter The eompany earlier reported a net profit in 1958 of $6,790,5 or $2.11 per A and B | Against $5,443,570 or $1.76 in 1957. Mr. Metcalf said Loblaw Com- panies Ltd, built 20 new stores {in Western Canada in 1958 and supermarkets were being opened {in Vancouver and Winnipeg this year My 'KLM Withdraws 'From Secret Rirline Talks THE Royal xd vr Xe Int Uti) i L | 7 1. BC Phone Hrown Burlington Cal Pow ol Britalta CS Pete C Chieftn Cdn Dev Gl. Paper x H Saith 400 1 o A | Hud Bay 30 Imp Invest A 100 Imp Ol 2108 Imp Tob 275 Ind Accep 250 Inlnd C pr 100 Int Nickel 300 Int Ul 25 Intprov 100 Iroquois Jamaica MacMill Muss Fer M (son A Mil Loco Nat Stl Car Noranda Og Ivie ont Steel Puge Hers Prem Iron Q Nat Gan Que Pow Rolland A Royal Bk Royalite Metcall and H. V. McNa- Min-Ore Mt Wright Nama Cr Nat Expl Nealon New Alger New Ath New Delhi N Goldvue N Harr! N Kelore Newlund N Mylama N Rouyn Nickel MS Nick MS rt N ing Nopanda Norietal NCrpax N Gate N Rank Northsp Nervalle N Beaue O ama O'Les Opem Oienada Pater « [ ( ( ( ( ( « ( PL 16000 pr 1000 1500 11200 1300 13100 25000 3036 Plains we Ol A we Ol B B 2140 145 100 100 125 400 100 125 30 175 7s 50 250 350 175 210 265 175 15 $100 86014 $28 $11s $3344 375 sad EL HAGUE Duteh (Reuters Airlines Monday night from seeret aimed at merging five West ropean airlines into one {pany A communique among the others--Air Franc Sabena (Belgium) Alitalia (Italy) and Lufthansa (West Germany will continue It sald the "most point" of Monday's discussion] was "the share each company {has in the production of a future combined company." "The participating companies {have found to their great regret that KLM at present is unable to take a final decision on this im-| | portant point » | KLM said it wanted first a clear picture of the costs and in Sore Yistritution of the proposed Taylor, Pearson May Join Booker Bros. VANCOUVER (CP) Taylor Pearson and Carson (Canada) Ltd., is considering a plan to join KIL.M withdrew talks Fu Gen Dynam MC 160 167 com 168 285 900 160 164 167 Peruv: Oils Potiol Place Privo Gas Paper Power Wpg vt xd 800 said talks war Tr Hard Carp Hardee H Smith pr Imp Inv. A Imp O41 Imp Tab Ind Accep Inland C pr Inland Gas Inind G wis Inter PI Intp Stl Journ Ott Kelly DA Kelly wis Labatt Lakeland Shawin 8'ipsons Southam el Can Steinbg A Sieinbg pr Tor Dom Sapphire Secur Free South 1 Tidal Triad Oil Un Oils Wayne W Decalta ch-Ore important Pronto Que Ascot Que Lith Q Metal Qunston Quemont Radiore Raynor San Ant Sherritt Sil Miller Stanleigh Starratt Steep R Sturgeon Sullivan Taurcanis U Mining U Asbestos Upp Can Ventures Violam Waite Am Werner W Malar Willroy Wiltsey Yale Lead Young HG Zenmae 700 325 150 400 25 3 Canadian 1000 LL} 3100 6 400 LJ 167 4H 100 100 60 25 50 2 Bk Pipe 2000 200 Mines 125 $16% % 17 125 17 1644 Webb Knp Weston A Weston B 44% 5 9 RL " 1 - i 100 3020 9500 2500 100 2000 11500 600 Advocate 128 Algom 18% Apex Res 5 Arcadia Area Arjon Auin Ruf Aunor Barnat Basks 11% "" 690 S11% 700 2005 127% LU $614 » Abitca Ang Nfld Blue Bon Can Dm Sug C Dredge C Marconi Catelll A Cons Paper Cons Gas D Eng xd D . Olleloth Fleet Mfg Ford A Horner A Kelly Dgls Que Phone Shop Save xd Tooke T Fin A Trans Mt Union Gas 3014 $46 $544 iN 180 $1544 $16 $14%% [ 170 35 315 25 $25 sls SI 52 $1134 113% 0 817 17 150 $13 1 180 19 M 19 165 15% 83 58 9" 2 114 11% 23% 239 2 21 104 10% "4 © a3 17 170 80 160 20 1] 19 174 Uh FIL 8 " 4% 30% 17 49% 120 137% kl 11% 124 25 70 BY 13% 16% 300 2200 1500 1000 $200 3250 1000 300 1000 160 20 » $2414 831% 8 $43 S414 £30 $17 25 $34 300 120 0 $138 30 Lon MacMill B Mages Magnum M Leaf Mill Mass-F Mere Chip Mid-West M West wis Milt: Brick Molson A Mont Loco Moore N St Car North Star 1 +12 1% 1100 210 250 915 100 2000 100 5 9 175 16 83 8 94 2 Bethim Bibs 1 v1 Di how 1it is to Ontario by mailing the coupon below. Literature you will receive includes an up-to-date list of accommodation that shows you where to stay at the price you want to pay. TI OMTARIO TRAVEL 179 Parliament Bidgs., 300 300 A250 3000 29850 1300 1700 28 Dyno Cdn NW Candore Can Erin Can Met C Met wis Cassar 5 17 17 [3 27 Sales to 11 a.m: 66,000, MONTREAL The Canadian Press 150 Mines 100 $164 9000 21 1000 $165 1300 Dy -- D0 30 Montreal Algom Alta Mines Arno 265 1644 810% 10% 1600 21 80 3 5 Me 60 7% 81% 3 $104: 10M 8 » s6644 06% $54 5% 9 19 = a7 mw 70 510% 10% LI 9 $83 824% $104 10% TH C 1100 Cc Caljinan 3250 C Denison #610 C Den wits 2238 C Discovery 500 © Haliwall 5000 Con M and & 780 C Mogul 1020 C Northind 700 C Regcourt 1000 Con Sud 1000 Cop Man 1000 Coprand 382 Crowpat #300 D'Aragon 300 De Cour 2625 Duvan 2000 East Mal 100 Eldrich Wook ha 7 Abitibi Algoma Alumin Alum 2 pe Argus Argus 240 pr Asbestos Atlas Setel Bang CN xd Bane CN wt Bk Mont xd 150 0% 200 2100 1600 530 no 100 50 105 100 St Maurice Salada § n In sh » n Steel Can Steinbg A ™ ER ---- SWAN HILLS anq 250 Agnew § xu 200 20 Buk Mum rt 3504 BUSINESS SPOTLIGHT Augustus forces with Booker Brothers, Conell Co. Lid., of London, Eng land. Hugh Pearson, chairman of the Canadian radio and electronics company, said in a statement Monday that there will be no changes in management should the companies join forces. The Booker group, which holds substantial investments in West- ern Canada, would offer the equivalent of $21 a share for the common shares of the Canadian _ company, the statement said. 17 4500 19000 Baker Tale Bateman nyvie Rovnite * North W Canalask Canorama Cart Que Cleveland C Bi Ore C Denison Fontana Fundy Gaspe Of) Geeo Mines Gold Age Hollinger Marple Mcintyre 1 500 500 000 1000 1000 500 500 1000 ®100 200 Al $54 S17% 850% 340 D $35% Self-Service Of Merchandising Up JVIROINIA HILLS MONTREAL (CP). Canadians fed more than $15,000,000 into vending machines during 1957 for food, refreshments and cigarets. The figures -- latest available for a full year--werc supplied by the Canadian Automatic Merch. andising Association which is concerned primarily with merch- andise and services aud not with music, amusement aud chance, The association says that self- {serve distribution (hrough coin. operated machines has expanded rapidly in Canada during the |last decade and is "a logical ex tension of the self-serve principle in merchandising." CIGARETS MAIN ITEM Cigarets ranked highest in pro {ducts sold--$8,114,193 af the $15, 1193,026 total Soft drinks in paper cups were next, $2,378,847, Thea came cof- fee, tea and hot chocolate, $2, 214,474; bottled drinks. $628,314; chocolate b ars, $396.129, and on down through a variely of pro- ducts such chocolate and Quebec Brokers 4 i COLL SEARCH AREA Six drilling rigs have been | to the north. The problem now pushed into the Judy Creek | is to find out how good and | area of Alberta in an effort to | how big the field is as quickly determine the extent of an oil | as possible. Map locates Judy field. Imperial Oil Limited's | Creek in relation to other wildcat well in the area came | major oll fields and main high- in late in February, capping | ways (broken line). Swan Hills ! Sah years of exploration in the area | is classed as a major field, Cheque Kiting 120 miles northwest of Edmon- | meaning there are more than ton. Company officials feel the | 100,000,000 barrels of oil in the | QUEBEC (CP) -- Two Quebec field could be an extension of | pool. | City brokers were acquitted Mon- white milk--both bulk and in con- from $10 for a simple bulk gum- tainers gum, peanuts, sand- vender to $3,000 or more for auto- | wishes, foods and soup. Ice matic catering and drink mac h-| cream, at the bottom of the list ines which require permanent | except for unspecified "other" plumbing and electrical connec- classifications, accounted for tions. $28,064, The association said success in| Industrial plants and business Vending depends on quality of offices provided the greatest Product and service to custom- number of locations for vending ©'S and on location A. product machines --6,212 of a total of 17..-¢an be made available around Next highest wore restaur- the clock, "a convenience that | 4,034; gasoline service sta. Standard retailing methods do} 3,190; hotels and motels, NOt Supply Other _ classitications in- CONVENIENT SERVICE theatres, department Products can be made avail military bases, railway able in buildings where volume | schools and aospitals. would not warrani some other) REPRESENTS VENDORS marketing setup. Cigaret mac he] The association said its mem. Mes in restaurants supply "a bership is made up of "a karge Convenient service which is oth- number'. of 200 or more Cana. Crise usually unprofitable to the dian enterprises that sell merch- wirant operator." andise or service through vend- The association said it has not ing machines. It has represented yet been possible to produce de-! these businesses and suppliers talled operating stalistics on Can- since 1053. adian business but a recent re- "Automatic merchandising is port for the United Siates showed largely a service provided by this distribution of vending re. |small businesses. The average CeiDts Canadian operating firm owns Cost of sales, 58.13 per cent; services fewer than 100 vend. operating expenses, 39.46 per g machines." cent; operating profit, 2.41 per Investment per machine ranges cent, hot ants tons, 1,022 cluded stores, stations, in Coppers Pace Base Metals 'On Toronto Stock Market Method = = CAR the Swan Hills pool, 20 miles CP Newsmap [day of charges frauded the Canada of that they de-| Imperial Bank of! $148,500 by kiting Paced by coppers, and golds were|gain, ahead 3's at 16%. TORONTO (CP)--Base metals, | Pearson and Carson, had the best Kelly Normetal Mining Corp. 3 mos. cheques ended March 31: 1959, $421,000, 111" n freei cents a share; 1938, $34,200 1% ecing Moise Darabaner cents Quemont Mining ended March 31: 1959, cents a share; 1958 cents. Saguenay STOCK MARKET NET EARNINGS By THE CANADIAN PRESS Bulloch's Ltd., year ended Dec. 1958, $97,835, 85 cents a share; $130,785, $1.14, : Canadian Utilities Ltd., year,mos. ended March 31: ended Dec. 31: 1958, $1,151,553, 785; 1958, $484,107. $1.40 a share; 1957, $1,056,825, $1 Henri M banks could against kiting The Crown charged that the two men had been granted credit Loranger said only Corp. 3 protect themselves $469,800, L700, mos 2 16 3 fh Power Co. Ltd 1959, $430,- tained $148,500 by kiting cheques on each others accounts Kiting means depositing an- other person's cheque into an ac- count and giving the other per Pp na chenge for an eq amount, Before the cheques 3 cleared for payment clearing {can sometimes take a few days-- each Beevuit § is increased by the the cheque deposited. UT OF ELEMENT TF. Er Foundation Ltd 30, 82% LOWESTO! estment year end Mar 31: 1% land (( r asuring 42 inches to tail was killed by a car on the road near this Suffolk town. | amount t and Power vear ended Dec. '31 $1.66 a share; 21, $1.96. from nose 1957 higher but the stock market was easier Monday as industrials and and Moise Wolochen, Judge western oils lost in moderate | company announced an increase trading Douglas was up 1 at 11%. Weston A and B added fractions as the | {in its dividend. s/of $25,000 and that they had ob-| 1 cen On index. industrials were off| Ford A led losers, off 1% at| 109 to 530.87: golds up .15 10138. In early trading it touched 89.97; base metals up 87 tola high of 141. 176.90; western oils off .58 Yo Geco had the best win in base 131.19. metals, t 21, The final volume was 3,606,000| added hr F War tania shares, compared with Friday's/gained % at 20%. Uraniums/ 3,115,000 jclosed practically unchanged In active speculatives mines Golds were ahead on the Can-Erin was the loser, down 10 strength of a 15-cent win at $7.35 at $1.80. New Mylamaque tp Giant Yellowknife and Dome, | * best win, up seven cents up 's at 17! at $2.45. Home B was the major loser in Three of the five most active western oils, down % at 17%. industrials Samad, Trans Moun-| Dynamic led lower priced olls, | |tain lost, off % at 13. Tayiorup 11 cents at $1.63. re ELL CH, Sh a VO J WS A TSS lh a, pe i id 'Toronto, Ontarlo. Send free literature about Eastern Ontario and road map Name... Addr Post Office. at SEssseseasssassanennnnnne Ontario Department of Travel & Publicity, Hon. Bryan L, Cathcart, MintSler, KNOW ONTARIO BETTER Picture window at your side, service at your elbow ...chauffeur up ahead! More and more smart people who are going places, BY TRAIN ADIAN NATIONAL sav \ LATER | x . ) ~--------e'

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