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§ THE OSHAWA TIMES, Tuesday, November 10, 1959 TODAY'S TORONTO, MONTREAL STOCKS Stock Sales Wigh Lew 11 "i + * gydsyal FEL I+ ++11111+1 EF EF FEES rESE 2 ® Ha HT 2 f SESE. BICUREE HL RHE & ic Hs i | ty > ETI ITT § : egeEsysss-o aly $gUesasusyt-aysly LS sas pesrtal ty 5 2 aes SEBube HH £ ER&SF + +++ Li & 5 FF Royalite pr Sapphire Sapph debs Sarcee South U Sub Ol Triad Ol Un Oils * 10 842 2200 12300 W Cdn OG W Decalta Abacus Advocate Agnico Akaitcho Algoma Anglo 'Hur Ang Rouyn Ansil A Arcadia Arjon Atl Co Cop Aumacho Aumaque Barnat Baska Belcher $1364 SLY 12000 1000 Bibis Bouzan Bralorne Brohrst Brunsman 1000 2200 200 1000 1000 1200 6000 Brunswick Buffad C N Inca 8014 C Met LY Cassiar Cheskirk Chester I w € Men wis C Discvoery C Halliwell +1 - wg £33 EFEFEE FF (RE 3] 43 & Gunnar wis Gwillim Hard Rock Can Eris 500 136 136 16 C Met wis 600 220 500 4000 C Denison 8543 480 800 500 205 +1 15 ¥ UU WN, L] L] 1] $11% 11% u% WM WM Wm 3% TH $11 10% 1% 7 Nn ' +1% + % -W + % +r +8 +% -l +1 -) +8 -l 5 sslufclsesnigaliy 500 H of Lakes 4000 Hud Bay xd Int Nickel Irish Cop Jacobus Jellicoe Kerr Add Mcintyre McKen Merrill Midrim Milliken Nealon New Ath New Delhi New Hosco N Mylama Nisto Noranda Normetal Opemiska Orchan Ormsby Pato Pick Crow Pic lon Pronto Q Chib Q Metal Q "mont Radiore Ra"nville Rayreek Renable Rexspar Rio Rup Sherritt Sil Miller Siscoe Slocan VR Stanleigh 3 13% 25( 11% Stanlgh wts Steep R Surf Inlet Sylvanite Teck-H Temag 63 Trin Chib Un Keno Ventures Violam Willroy Yk Bear Young HG Curb Bulolo xd [J A% +B Sales to 11 a, 0 700 423 3000 1300 5400 500 7600 1000 331 300 4000 80600 2420 540 200 240 8): 125 1050 Eddy 3 ¥am PH Fol 16 80 Int U Iroq Glass pr 225 Jamaica 125 Jamaiea pr Laubat Mass Molsol Noranda N'Sco LOP NSL rts Oglbi Page Powell Price Enam Foundation Match Pr A Play Us Imp Bank Imp OI 1 $20 $04% $36 36 $14% $28 28 103 til 103 28% audi 264% 3100 $1344 J 140 $24 145 S48 fu 20 Siw 1314 he "we 2% 3 25 100 140 t Fer n A ie Hers I R Br Que Nat Gas 218 Que Pow 125 Roe Av Can 225 Roval Reitm NO Stein, ed Steinb, Saguemine Bank 85 ans 2 Simpsons Std Str St Steel Can 2660 110 986 103 $26 25 400 8 A § pr Tor Dom Bk 150 0 U Steel Walk Weston A Anglo C Dom Citelll A Cons mi 485,000, Qos bing $00 Palio "crem _%00 ER fad fad n Pipe 135 ns GW zi 500 CANADIAN Th TW 81% N% $30 $3 » +] 41% 160 3h 3s 8% 3200 120 100 415 400 Nfld + % sug " - -Y ~10 -10 Paper BIG DEFICIT Canada's trade showed a deficit of $503,400,000 in the first nine months of 1959. This compared with a defecit of $196,700,000 in the same period of 1958, This graph shows the fluctuation of imports and ex- ports during the January-Sep- tember period of 1959, with im- ports exceeding exports each month, Officials say the main reason for the big upswing in imports is a growing demand for goods needed in Canada's economic expansion. They also say that exports to Western Europe, which have declined, are expected to show increases soon, The graph shows this trend with imports and exports for September in better bal- ance, High import figures for the April-June period are nor- mal because in the second quarter Canada's imports al- ways reach a peak, declining somewhat in the third quarter, Exports also rise sharply in the second quarter as accum- ulated stocks are moved. 4|tion of Real Estate Boards, an f Economy Urged For Government By FORBES RHUDE | | Canadian Press Business Editor | | TORONTO (CP) -- A program| {to stimulate economy in govern- ment was urged today by James | M, Udall of Los Angeles, Calif,,| president of the National Associa- | American organization meeting here. Mr, Udall suggested in an ad- dress that the association adopt such a program at its present an- nual convention -- one that could be carried out in co-operation with other trade and professional associations, "As I visualize it," said Mr, Udall, "it would take the form of citizen groups to work with| each level of government . . for the realization of at least a five - per - cent - per - capita re- duction in expenditures during the next two years." His comments were contained in a text made available to the press in advance of delivery. CITES DANGER NEED TREATMENT themselves; they will grow larger Dental cavities won't heal|unless filled by a dentist. CROSSWORD PUZZLE 42, Tidings DOW! 1. Portion 2, Coriceal 3. Cuckoo +. Hawaiia beach 5. Setting 6. ---- Alto, Calif. 7. Swiss canton ho 8. Deciphering 25. Call- lotto stone fornia 17. For example 9. Farmer's fish (abbr.) 29. French 18. Pronoun 11, Hi novelist 19. Plunge into 16. Close of day (poss.) water 19. "Overhill, = 30. One's S| 1A Sl JAIN] ACROSS 20. Habitual [CETTE RS 1. British [Of] 1 8. Stimulus [AUINIE] (ini ENC EMIE INITIAL 1S] AUIAIDERRIE] TIAMIS] aia [EIMIBIE REAM AIRINIE] LSIPIOIRITRRUINI | [TIE] [LAINSISIAIPIS] There is danger, Mr, Udall said, that excessive governmeni spending will drain away the pro- ductive strength of the people of the United States "in programs that serve no necessary public purpose, or have grown beyond bounds at which that service may be most efficiently rendered. One example is subsidized govern- ment housing." Mr. Udall also stated: "Since the early days of the; Marshall plan, our foreign aid program has been allowed to de- velop along haphazard lines. . . . The result has been that the gov- ernment -- all too often in the course of our foreign aid pro- grams -- wasted our money. By excessive adherence to the ides of out - of . hand grants, it has tended to destroy much of the initiative and self - respect of other peoples. "The policy of grants should be discarded in favor of the more realistic and much more produc- tive policy of helping foreign na- tions to create incentives for the investment in those countries of both thelr own and American capital," Looking forward to the 1960s in the United States, Mr. Udall en- visaged the following: "For every two new homes you have seen springing up on the edges of your community since 1950, you may expect to see three!: more before the end of the 1960s. , . . EFFECT OF STRIKE Miles L, Colean, Soa 1 Ww He ing .|in Canada don't have the depth now too far advanced to make it worth while to fill them, There would be a tendency, |too, for heavy construction or |equipment projects to wait not only until next spring but until {they were sure the flow of steel would not be interrupted. Under these circumstances he saw a good prospect for some easing of the stringent money situation for at least the first quarter of 1960 and probably ex- tending Into the second quarter. CANADIAN VIEW A. D. Wilson, supervisor of the Ontario region, Central Mortgage and Housing Corporation, said the range of lending instituions of those In the United States, particularly in the savings and loan field, While housing starts in Canada had been greater per 1,000 of population than in the United States, they were less in relation to the percentage increase in|Ca! population, '"'Accordingly," he added, 'new housing output in the United States has been going further to raise h tandards than in Germs Seen Menace In Future War LONDON (Reuters) -- A panel of scientists from eight nations whe met at Pugwash, N.S, warned Monday that new dis. coveries in germ warfare now have rendered such weapons more dangerous to soclety than atomic bombs, They called for a general agreement to prohibit germ weapons and urged all nations to renounce secrecy and security controls over research connected with them, The scientists issued their ap- peal in a public manifesto pub- lished here Monday following their recent Pugwash meetings. They were drawn from the United States, Russia, Britain, Canada, France, India, Denmark and Sweden, "An attack with an infective agent originally meant to be lo ized might lead to an epi. demic because of abnormal routes of delivery, the large the disorganization of publie health," Canada." Minimum down payments in the U.S. were lower than in Can. ada, A $16,000 house in Canada could possibly be bought with a down payment of $3,200, whereas the minimum figure in the U.S. was as low as Air Marshal Gives Ideas OTTAWA (CP) -- Air Vice: Marshal Clare Annis, chief of the RCAF's Air Material Command, said Monday night that the free|ampt world's industry collectively faces greater challenges in de- fence of Western ideology whether or not the ar Abolition Of Store Closing TORONTO (CP) -- City coun- cll voted 15-7 Monday to abolish its early closing bylaws and al- low stores to set their own hours after Nov, 18, Controller William Dennison in opposing the move said abolition of closing hours would make small merchants "virtual prison. ers" of their stores. Only shoe shops, Jewish butcher shops, hardware and BUSINESS SPOTLIGHT railways are looking to a link- of their various transi services -- tying together road, ship and air into a pack age, already launched a pilot scheme combining the various ways of moving goods into one service. It's on the Pacific coast, The CNR, meanwhile, is study. the. whole and may ing follow suit with its own ny of the all-in-one idea, The idea represents a new trend in transportation, with ben- efits for the rallways and for shippers, By eliminating duplica- tion and Integrating services, the railways plan fo to offer shippers Railway Get Ideas MONTREAL (CP) ~ Canada's well as 80 loading points for rive Jorn oir ing of or The tely-owned CPR has| The privately plain ordinary transportation--a shipment from A to B, Before or ship transportation quently had to sort out the hest combination themselves, Now the integrated centre does an extension of road and service -- an operation whereby trains carry spegial trailer trucks, Bg from truck to train hd By aim is to offer shippers shippers bought truck, rail fre it "IE ome way, the approni i the marriage rail In the the best rt worlds, And in some cases, the corner: cutting saves the railways money and reduces costs, If the idea clicks, says CPR president N, R, Crump, it spread across the nation, AIMED AT MERCHANDISE At the moment, the CPR's new service is aimed at merchandise ~all traffic other than carload traffic moving under carload rates, A few years ago, the CPR brought four agencies at Vancou- ver under one local administra. tion, linking the railway with its express agency, its coastal ship. ping service and its trucking sub- sidiary, It worked well, so the CPR last month put the four services um. der one roof--in an $840,000 inte. grated merchandise terminal at Vancouver to take care of 40 railway express or box cars as Inco Net Earnings $58,222,000 TORONTO (CP)-International Nickel Co, of Canada Ltd,, had consolidated net earnings in the nine months ended Sept. 30 of $58,222,000 $3.99 a share, This compared with $30,321,000, or $207, In the corresponding eriod of 1958, and $66,017,000, or $52 a share, in the correspond. ing period of 1957. In the three months ended Sept, 30, net earnings were $19,831,000, or $1.36 a share, compared with $8,920,000, or 61 cents a share, in the third quarter of 1958, and| $20,416,000, or $1.40 a share, in the third quarter of 1957, John ¥, Thompson, chairman, hit by "panic sell stock market lower the heaviest trading In six weeks, Senior uraniums lose as much as 2% points, vance payment on deferred de- prices should level off, 517.29; gol metals 46 to 169,93; western olls dr STOCK MARKET NET EARNINGS share; 1004 ented, tt hi la" iso. a a " By THE CANADIAN PRESS MEXICAN PEAX Nickel Co, of Can-| Highest of Mexico's TEs, Bn altho an YEAR'S MOST MACABRI 2-HIT SHOV Uraniums Lose On Markets TORONTO (CP) Frautums: Monday onday R The Canadian government sald Friday night,the Atomic Energy Commission of the United States would not with Canadian uranium produc- ers beyond 1962 and 1963, But would accept deferred deliveries on its current contract until 1066 and would give producers ad- extend its contract LA mw Ersrvan COLOR + CINEMASCOPE NOW PLAYING liveries, Said one broker, "most of the selling is what I would call panic selling, It shouldn't last long and| ig." Consolidated Denison had a 2% point drop to $10%, Algom closed down 1% at 13% and Gunnar lost 1% to 10, Lower-priced issues lost in a 30-cent range. Most stocks, however, cents, lost around 10 or 18 In industrials, International Paper was up four points to 133 and Dominion Glass ahead three at 86%. In western oils, Calgary and Edmonton lost 1% points at 20% ble other seniors gave up frac. tions, Golds were down, led by a $1.10-drop to $5.10 by Po East Dome, The final volume was 2,399,000 shares Friday's sales totalled 2, 1258,000 shares, ses: Industrials 1,18 to s 03 to 86.99; base Index lo 1,60 to 102.45, and Henry 8. Wingate, presid nine-month earnings resulted pris marily from greater demand for Rickel and the improved price for r, as well as an increase in dell veries of platinum metals, Deliveries of nickel in the United States in the third quarter | were lower than in the second quarter, due to the steel strike, This was partially offset by greater European demand, Mr, Thompson, in a letter to shareholders, says that as new attributes of nickel as an alloy- ing metal have been discovered, new steels and new markets have been created and developed, Within the last year a nickel alloy steel devised by the company's development and research divis- ion had been adopted for the de. sign of ultra-high-strength parts in jet aircraft, Sensational NEWS! SEE Pages 6 & 7 WEDNESDAY number of primary casualties or|® sav in the report that increased, Three easy ways to pay premiums with the For more information, call your Acadia Agent today! W. B. WHITE Insurance Limited ADDED HIT! A Boge Pen, Ine. Protstion TETRA EAN WALTER BRENNAN 2 big features [TTT fILAST 2 DAYS OSHAWA LITTLE THEATRE PRESENTS ; PEACH AND HAY'S COMEDY WHITE SHEEP OF THE FAMILY DIRECTED by HARRIET RAPLEY AT McLaughlin Library Theatre NOVEMBER 18, 19, 20, 21 8.30 P.M, SHARP BOX OFFICE AT HENDERSON'S BOOK STORE Saturday, November 14---8.30 A.M. to 6.00 p.m. Monday, Tuesday, Nov, 16, 17,4 p.m. to 6.00 p.m. ON NIGHTS OF PERFORMANCES AT THEATRE M. GENERAL ADMISSION $1.00 110 King Street East RA 5.3579 by people who e and relaxing STARLIT njoy a friendly atmosphere E..ROOM Jewelry stores, gasoline stati and dry cleaning stores are ex- from the repeal. These have their own regulations, es. tablished by a vote of merchants, race is abandoned. He told the Canadian Industrial Preparedness Association that even if agreement should be reached to abandon -the arma-| ments race there is every indi cation of Communist resolve to Intensity the technological strug- gle "Therefore I find it impossible |to believe that the need for. the free world to unify further its scientific, technological industrial resources will lessen; in fact I cannot believe the need will not sharply increase." hi ing on the diate future, said the steel strike "has ANCIENT RELICS WIMBOURNE, England (CP)-- was shopping centres which stay open| late. TORTOISE TRAVELLER WIDEOPEN, England (CP)--A to| tortoise that left its home in this Northumberland village two vears ago has been found 240 miles away in Suffolk. The owner's address was on the shell in red paint. You Can Depend Dodds comm vw ner core... ut mot impo! Van t Spartan: advan 0 ping af ug 38 sour neighbour bourhood od ang widest selection possible. That's why fim for a full line of products oe and the oh an don Just another of the many | ROBERT MIDDLETON ADULT ENTERTAINMENT] oe HALWALLS rw career Uist Toon -- J 'Oren "THAT KIND OF WOMAN" yiiTen hurt" and the upsurge in the|Several pieces of Assyrian sculp- economy will be delayed. ture were discovered at a school Consumer income had beenin this Dorset town. They had hurt. Some inventory lines would|been left by an archaeologist who be deferred, partly for seasonal|used the school for a private mu- Teasons, because the season was|seum more than 100 years ago. alah to answer any welfare of your a Soatians sce of this feasi .ervice available only at your local drug store. Make gional By 'isits a habit. You'll find it a pleasant, relaxing to oi] [uality products at economical prices. Adved - i Boad's Kida Pilla stimulate kid: 10 normal