The Oshawa Times, 12 Mar 1960, p. 12

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] THE OSMAWA TIMES, Soturday, March 12, 1960 Weekly Summary Of Stock Market Activity TORONTO WEEKLY STOCK QUOTES By The Canadian Press d by 388 to 281 on the Toronto Stock fotalled 187 Volume marked $. WEEK'S MOST ACTIVE By The : § # | EEE amet mam i : 12 28 ages Lop MLM feprrie Jeli Cdn Cdn C Br CBAL Cdn Cdn 2 °8 £ x 8 i aagaaananan >» ® 9p8g8en g 2995990 ssi HTT EH he | MEE g Hk TIRE FEEL PL {a ef pyssRbsEadswsd Ei feet go 2 z 3 43 see sydea:s BgfeREatiugitacnnlavizE ad 2 3 i FRY FLT TIR TTT, a i HTM ge an (dsf3ee efx 3g é& H for the Jeevicus week's 8, . date an oer (Quotations in cents unless 85.8 i 55.005 0800 Hues Hit 28% 7 on k | LJ " a 1 2 £3 2 & Exchange this week. Issues unchanged the year week was 9,510,000, up from Total sales for the TORONTO STOCKS Canadian Press ree THES W 0K meee 1960 Sales High Low Close Change High Low INDUSTRIAL! 8% 9% -- % 12% 9% 11% 2 # 35% 37 85% 8% Bags 2 153 +115 ------ S5%E8 sulel Es 3 23% 189 San Fae E3 8 30 seg ss aden 19% 40% 32% 8 7 33% 28 21 1934 43% 40% 9% 6% 50 1915 92 85 35% 6% 5% 19% 16% ssuisdl » > g $30355E8 Fa UEEE0NT TT iE Fig i ih sea Eqs aBeagan, sracpEazecis: $95eglp nize oyuglzns g¥xSsg0ux 5 "2k EL] sage = pon Scaneg HU SEN HT ELH Sk 5 8 Eos & g SE8s EF 2 = Se # 3 ¢ 3 = x sEEnctsantitantse pEENE® $58 » This W Sales High Low 270 $25 243 310 $262 26 20) $28 438 $2314 845 $23% 275 842% Stock Laura Sec Lob G 1 pr Lob B pr Lob Co A Lob Co B Lob Ca pr Lob A wis Lon Hos A MacLeod A p 300 MacMill B $36 MB and PR 14019 $15 M Leaf Mill 1255 $12% fass:) 47621 "39% Mass-F 5% p 660 $97 McCabe 150 $31 Mex LP Mid-West 7945 Mid-West 'wt 1000 Mclson A 442 Moison B 310 Molson pr 271 Mon Knit pr Mont Loco Moore new Nat Drug Nat Drug pr 1600 $13 Nat Groc pr 125 $25% N Hes B 100 320 N St Car 635 $13 Nat Trust 385 $51% 1583 $18% Star 35 $42% N St. wis 57 7025 170 1 NO NGas 5241 NQ Pow 85 NQ Pow 1 pr 100 Nor Phone $2214 S Ocean Cem O: wa A Parker Pembina Pembina pr PC Jewel Pow Corp P Pipe Mig Premiu 47% Reichhold Reitman A 100 Reynolds pr 100 Roe AV Can 5398 Roe 5% pe 80 Royal Bank 7545 11947 Stedman Steel Can Steinberg A Ster Tr 50 § Propane 3 13% Suptest ord 2 3 14 Suptest com Switson 71% Tancord Texaco C Thorncliffe Tor-Dom Bk Tor + Elev new 200 Tor Iron A 150 Tor Star pr 50 T Fin A 2623 T Fin 5 pe 400 T Fin wits 57 240 Tr Can PL 29689 Trans-Mt 12275 Trans PPL 295 Tw C Gas 700 Un Gas 6200 Un Gas pr 395 U Corp pr 170 U Corp B 270 Un Steel 460 Univ Cent Vanadiom Venez pw Venez Pw pr Viceroy B Vie G Tr Wainwr Walk GW Wat Equip Webb Knp Westeel 1050 1630 100 400 900 600 4% pr Wstn 6 pc pr West A wis White Pass Wood Alex Wood J A 580 Woodwd A 690 Wdwd A wits 1020 { 813 860 840 130 1635 1170 2677 220 635 100 385 Anglo-Nfld Asbestos CD Sug C Ving CG Inv C Ingersoll C Marconi C Paper D Glass Dupont Int Pap Lob Inc MO Paper Ogilvie Price Br Sangamo Third CG Inv 100 $12% $5% 5% Oils Close Change » 48% --2% +10 13% ~1% 14% -- % 2% + % 23 + 15 1% 29% ~--1% 29 2 83% + % 101% + % 10% --1%. 7% 425 28 --1 - 4K +18 25 16% 625 0 --2 12% + % % -- Y% A an Acme Gas Ajax AP Cons Alminex Am Ledue Anchor Anglo 11100 095 109 17837 Am a pr Bail §S 3% p Banff 4 Bata Britalta Cal Ed Calvan Con Calvert C Oil Lds C Oil L wt 1600 CS Oil wis 00 CS Pete 7931 Chieftn 20450 4725 4700 16605 C Husky C Husky C Superior Cent D:l 17202 Charter Oil Com Pete C Allenbee C Dragon C Mic Mac 6990 Con Peak 16833 C West Pete 2355 Cree 58 wt 54480 Dev Pal 13678 Dome Pete 1920 Duvex 11550 Dynamic 105540 19324 wt 3040 3070 Fargo 5422 Gr Plains 1500 Home Oil A 13160 Home Oil B 5868 HB OI G 720 Jump Pnd 3500 Jupiter 1100 Longpoint Majtrans Mill City 10042 Nat Pete 400 215 Concord 3066 Northid Okalta Pac Pete Pac Pete Palliser Pamoil Permo pr Peruv Oils Petrol wt Prove Gas Ranger Reef Expl 1960 High Low 27% AU rion 1960 16400 12716 4400 104308 3230 15980 1290 77160 3300 Stanwell Sub oll Tidal Trans Can Triad Oil U Canso vt Un Oils Wayne Wespac 6534 Wesburne 17968 W Cdn OG 12400 W C OG w 4550 Westates 2487 140 W Decalta 833 130 116 100 325 325 38% 38 4h 4 150 9 16% - 62 133 60 139 149 60 140 130 325 3 tg SW Pete Abacus Acad Uran Advocate Angico Akaitcho Alba Exp Algom Am Larder 5000 Amal Rare 4000 Am Nephe 2500 Anacon 6080 Anglo Hur 1699 Ang Rouyn 12500 Ansil 16640 Arca 1600 Aron . A Arcad Atlas Yk Atlin Ruf Aumacho 10020 Aumagq 221900 Aunor 1585 Bankeno 72300 Bankfield 12°00 Barnat Bary . Expl Base Met 5°00 21210 4000 20200 23°00 4800 13500 11430 14600 4500 29900 4000 1085 14100 14000 Belcher Bethim Beveon Bibis Bidcop Black Bay Bordulac Bouzan Boymar Bralorne Broul Reef Brunswick Buffad Buff Ank Buff RL Bunker Hill 7100 5000 3000 Cable Cadamet 6000 Camp Chib 16060 Camp RL 400 C Astoria 3500 C Dyno 10170 C Malart 26275 C N Inca C Nwest Cdn Thor 6674 28.5 85 EEF 5 Ww Cheskirk Chester Chib Jae Chib Kay Chib M Chimo Chrom Coch Win Cody Re. C Met Coniagas Bea se. nbs 2950 8600 33500 7866 2700 500 500 6700 2000 Callinan Denison Den wts Discover Con Negus Con Nichol C Northld C Persh Cons Aue C Red Pop C Regcourt C Sanorm Con Sud Conwest Cop Corp Cop Man Coprand Coulee Cournor Craigmt Croinor Crowpat Cusco Daering D'Aragon Deer Horn D'Eldona 500 6500 4215 214% 4135 6650 25700 1000 21350 23600 6734 11300 Duvan 13700 E Amphi East Mal East Sull 000 12150 29535 Fwest Tung 1450 Fatima 34200 Franc'r 1500 Frobisher 8810 Frob debs 270 Gaitwin 5 Geco Mines Genex Geo Scien Gnt Masct Giant YK 5 4110 7500 300 2055 6691 3562 1000 9000 GF Mining 27600 Goldray 12660 Grandroy 5510 Granduc 6350 Greyhk Gulch Gulf 1d Gunnar Gunnar w Gwillim Hallnor Hard Rck Har Min High Bell Hollinger Hoyle Hud Bay Hugh Pam Hydra Ex Inspiratn Int Nickel Int Moly Irish Cop Iron Bay Iso J Waite Jacobus Jaye Expl 17100 52800 17910 119 105 109 11000 21% 22% This k 1960 High Low Close Change High Low 5 950 675 18% 17% 104 8 a 8% 120 90 325 18 1 +10 =8 3 =F ¥ 5100 21450 13650 63500 15390 125250 Meta Uran 6500 Midrim 2600 Milliken 22.80.0238 = 3 3450 Mt Wright 28400 Malti M 2300 Nama Cr Nat Expl Nealon Nes Lab New Alger Ath 2600 N Mylam 88325 New Rouyn 4300 Nipissing Nisto Norbeau Nor Acme Norahda Norgold Norlartie Normetal Norpax Norsyne Northg't N Coldstr N Golder N Rank 25500 Northsp 13378 Norsp A w 8050 8700 2500 4898 500 12500 3479 15900 13400 46804 58600 2245 =2 } PH FF = gs exBannd sa..8o88.855s8 w ° 8700 Pickle Crow 8104 Pitch Ore 15500 Placer 1785 83 23 shsabEnEsaniay = Sil Miller Sil Stand Siscoe 1 Slocan VR 22000 tdcona 1 Stanleigh 13335 Stanigh wis 2360 Stanrck 630 Starratt 32400 Steeloy 8500 Steep R 18767 Sturgeon 15700 Sud Cont 11000 Sullivan 5225 Sunburst 2640 Sylvanite Taurcanis Taurcan vi Teck-H Temag Ventures Violam Waite Am w +3 +1% wl --- % --10 +2% -% -1 + % Yellorex 4000 Yk Bear 14020 Young HG 27300 Yukeno 5000 ~17 nmac 31700 Zulapa 5300 +3 Curb -% ---9 +1 1050 925 Yukon Con This High Low Close Change High Low 14 16 9 8 10 9% 10 Bn 8B B 10% 12 2 2 3 9% Sgu¥euonBuisiglsaagy EE Et ELIE EEL s¥eiy. 2 - 3 sty. i! w= g ide FL CTE 315 72 |CNR 5% per cent Jan, 1 0 al et issue gained 1% points. In treasury bill, the 91-day Stronger During Week By THE CANADIAN PRESS Canadian strengthened during the week. The short per cent May 1, bond markets term bonds were ahead by 25 cents with the three vertible six per cent 1961, maturity | 1975, issue was down % point at! 1885, bills fell to 4.34 per cent and the 182-day bills to 4.57. Day-to-day money declined to 3% per cent Friday. The provincial and corporate markets were also firm. The General Motors. Acceptance Corporation and Bell Telephone issues each improved by one-half point. But the recent Canadian Chemical seven per cent March 1, 1980, continued to be quoted at $99%-$100 and the Home Oil con- Jan. 15, improving by 45 cents for the|$92%-$93%. week. The long Canada issues | average a % point gain and the|active. New issues were well re-|older issues. The municipal market was ernie me SARA, Bot i iri ai STOCK MARKET NET EARNINGS By THE CANADIAN PRESS Canadian - Marconi Company, year ended Dec. 31: 1959, net profit $523,606; 1958, $386,844. Consolidated Mining and Smelt- ing Company of Canada Ltd, year ended Dec. 31: 1959, $16, |017,883, 86 cents. 704,310, $1.02 a share; 1958, $14, ceived and there was a sharp re- duction of unsold inventories " A SIGHT that greeted Mon- treal 'bank clerks when the highly organized Red Hood gang struck was the figure at right. A police officer poses in one of the gang uniforms -- overalls, gloves and red hood -- found in one of three arsenal trucks seized by Montreal police since the gang was broken up during a bank raid. Michel Delisle, 29, pictured above, is being sought by police as mastermind of the gang. --CP Wirephotos Bear Market Sent Stocks Plummeting By WILLIAM P. SNEAD Research Director, J. H. Crang and Co. Successive waves of selling fol- lowing a "Dow Theory' confirm- ation of a bear market in New York sent the stock markets down farther th's week. The New York market, as measured by the Dow Jones stock averages, reached its lowest level since February of 1959. Many stocks in Toronto, espe- cially the. Oil group, reached their lowest level since 1957. The RED HOOD GANG IN MONTREAL Steel groups were also under heavy pressure as signs of poor business in the second quarter began to appear. The abrupt decline in the stocks | market since the settlement of) the steel strike has surprised many investors, but what the stock markets are telling them | is that settlement of the steel] strike by political interference will result in reduced profit mar- gins and earnings, and stock markets - always move in the di- rection of expected earnings. Interest rates are another powerful factor affecting the] stock markets. In addition to adding pressure on profit mar- gins, high interest rates also shift investment interest from low| yielding common stocks to high] v'elding bonds to await the time) when earnings prospects and) yields make common stocks once | more attractive. | Tight money and high interest | rates also raise a question mark] as to inventory policies. The ac- cumulation or liquidation of in-| ventories has a very strong in-| fluence upon business - activity, | The reduction in automobile out- | put illustrates the point. The trend of inventories from here seems likely to exert further downward influences upon the stock markets. Bus Drivers In U.K. Ask Pay Boost By M. McINTYRE HOOD Special to The Oshawa Times LONDON--Filled with envy be- cause of the pay increases al- ready granted to the railway workers, including the under-| ground transport staffs, and the further increases foreseen in the| Guillebaud report, London's bus| drivers and conductors are] threatening drastic action to en:| force their own pay claims. Some| weeks ago the London Transport Executive rejected the bus| workers' claim for a £1 a week] increase in their wages. With the! figures of the railway wage im-| provements before them, the bus| crews have renewed their de-| mands. Once again they claim, it has been rejected. A spokes- man for the London Transport, however, denies that there has béen an outright rejection. The matter, he says, has merely been submitted to the systtm's executive, The patience of the bus work- ers, however, has run out. In votes taken in 47 of the 77 bus garages affected, the workers have voted 41 to 6 in favor of imposing a 'ban on all overtime in bus operations. They will also] refuse to work on their regular rest days each week, as they have been doing to keep a satis- factory service of buses running. The other 30 garages have yet to vote on the proposals, but the great majority of them are sure to favor the ban on overtime and on working on rest days. According to Anthony Bull, labor relations member of the London Transport Executive, he has warned the bus crews that the effect of the planned ban on overtime by central bus garages| and trolley-bus depots would be] to hit the public very hard, and lead to a further decline in the] number of people using the bus' net loss|services. STOP ONE IN FIVE The busmen say that the over- time and rest day ban will take 20 per cent of the buses off the streets on certain key routes in the central area. Owing to staff shortages, the London bus ser- vices have only been maintained by a high percentage of overtime and rest day working. Employment Opportunities (Civil Service of Canada) DIRECTOR OF ACCOUNTING SERVICES (professional account- ant, to be responsible for the centralized fiscal occounting records of the Government), Comptroller of the Treasury, Ottawa. $11,500-$12,500. PETROLEUM LANDS EVALUATION OFFICER (university grad- uate with specialization in geolcgy or petroleum engineer- ing, to appraise the oil and gas potential of crown lands), Northern Affairs and National Resources, Ottawa. $8,340- $9,420. SUPERVISING PILOT (with a number of years as ship's pilot, Master or Sailing Master through the area concerned, while holding a certificate not lower than Master Promship (Une limited) Inlond Waters, Marine Regulations Branch, Trons- port, Port Weller, Ont, $7,140-$8,220. NATIONAL AVIATION MUSEUM----- CURATOR, $7,140-$8,220; TECHNICAL ASSISTANT TO CURATOR, $5,700-$6,180; and DISPLAY TECHNICIAN-- AIRCRAFT PARTS, $4,770-$5,220 (to interpret the history of Civil Aviation in Conada for the benefit of the public), Nationa! Historic Sites Division, Northern Affairs Ntaional Resources, Ottawa. For details, write to Civil Ser- vice Commission, Ottawa, and ask for circular 60-453A, PARLIAMENTARY INTERPRETERS (to carry out the simulton- eous telephoned interpretations from French into English or from English into French of the debates of the House of Commons or of other Parliomentary bodies), Bureau for Translations, Ottawa, $6,840-$7,860. ECONOMIST (university graduate to analyze movement of prices as measured by retail, wholesale, farm and special purpose price indicators), Dominion Bureau of Statistics, Ottawa. $6,360-$7,320. TREASURY COST AUDITORS (professional accountants, to audit cost of production contracts), Office of the Comptroller of We Treasury, Toronto, Ont. $6,360-$7,320 and $5,380 $6,780. HOSPITAL STATISTICS LIAISON OFFICERS (one officer will be responsible for examination ond appraisal of statistical retums of hospitals, and odvising on hospital recording procedures; the other will assist the senior officer in the performance of these duties), Dominion Bureau of Statistics, Ottawa. $6,480-$7,200 ond $6,210-$6,660. SUPERINTENDENT OF LIGHTS (with degree in Engineering or qualifications that would permit membership in a pro- vincial association of professional Engineers, or possession of a Certificate of Competency not lower than Master, Home Trade), Transport, Marine Agency, Parry Sound, Ont. $6,060-$6,780. ' CURATOR OF THE WAR COLLECTIONS (university graduate with specialization in the history of art), National Gallery of Canada, Ottawa. $5,700-$6,180. INTERIOR COMMUNICATIONS OFFICER (with mony years of practical experience in electrical engineering, particularly related to installation, modification and repoir of interior communications equipment and systems), H.M.C. Dockyard, National Defence, Halifax, N.S. $5,700-$6,180. TECHNICAL OFFICER -- PRINTS AND DRAWINGS DIVISION (university graduate with specialization in the history of art and in the graphic arts, and a working knowledge of Eng- lish, French and German), National Gallery of Canade, Ottawa. $3,420-$4,020. TRANSLATORS (with demonstrated aptitude to translate from English into French ond/or from French into English), Bureau for Translations, Ottawa. $4,500-$4,950. STATIONARY ENGINEERS -- HEATING OR POWER (with valid 2nd Class Provincial Government Certificate), National Defence, North Bay, Ont. $4,230-$4,680. WOOD UTILIZATION TECHNICIAN (to assist in logging studies Involving the assessment of logging methods ond techniques), Forestry Branch, Northern Affairs and National Resources, Ottawa, $3,750-$4,350. SANITARY INSPECTORS (with certificate in Sanitary Inspee~ tion (Canada) and several years of related experience), Indian and Northern Health Services, National Health and Welfare, various centres. $3,630-$4,230. For details, write to Civil Service Commission, Ottawo, ond ask for circular 60-590. BILINGUAL SECRETARY (to take and transcribe difficult dice tation in both the English and French languages), Govern- ment Deparfments, Ottawa. $3,570-$4,020. FOREST BIOLOGY RANGER (to determine, by field. examina= tions, the extent of insect and disease damage to timber- lands), Agriculture, Soult Ste. Marie, Ont. $3,420-$4,020. IMMIGRATION OFFICERS (to examine persons applying for entry into Canada by rail, ship, airplane, ferry or highway), Citizenship and Immigration, various centres in Ontario. $3,300-$3,900. ' ASSISTANT LABORATORY TECHNICIANS (with some related experience), Laboratory of Hygiene Division and Food and Drugs Directorate, National Health and Welfare, Ottawa. $2,790-$3,150. MAP DRAFTSMEN TRAINEES (no experience required), Gov ernment Departments, Ottawa. $2,340-$3,060. LABORATORY, FIELD AND OFFICE TECHNICIANS (various fields of specialization, no experience required), Government Departments, Ottawa-Hull area. $2,160-$2,640. Except where otherwise indicated, details and application forms obtainable at main Post Offices, National Employment Offices ond Civil Service Commission Offices.

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