The Oshawa Times, 28 Jul 1961, p. 13

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THE OSHAWA TIMES, Fridey, July 28, 1961 13 - Expect Increase Trade With Japs OTTAWA (CP)--A sharp in-| "The amount depends on the crease in Japanese -Canadian|general business trend in the = trade--perhaps as much as 100| forthcoming year," Mr. Hagi- Today's Stock Market Listings on Toronto Exchange 11 Net High Low a.m. Ch'ge $6% 6% 6% + 4 $79% 79% 79% -- % 940 940 940 25 $12% 12% 17% + % 25% +5 41 1 BEATTY -- Lloyd and Eunice wish announce the birth of their son, John 8 Ibs. 6 ozs., on Thursday, July 7, 1961 at the Oshawa General Hospital. RIZNEK - John and Lena are happy fo the arrival of a daughter, 8 Ibs. 11 ozs, on Thursday, July 27. at the Oshawa General Hospital. A sister for Carol, Bobby and Susan. Thanks to Dr. Anderson and Dr. Ross. 11 Net Sales High Low a.m. Ch'ge 4500 265 260 265 +8 11 Net Stock Sales High Low a.m. Ch'ge 11 Net Sales High Low a.m. Ch'ge 210 $60% 60% 60% + % 2525 $14% 14% 14% 480 $19% 19% 19% + =0 $14% 14% 14% 75 $18% 18% 18% 100 $18% 18% 18 z10 92% 92% 21% TORONTO 11 A.M. STOCKS By The Canadian Press Toronto Stock Exchange--July 38 (Quiptations in cents unless marked $. 2--0dd Jot, xd -- Ex-dividend, xr--Ex- rights, xw--Ex Net change is from previous Stock Stock Sales Stock D Fndry Dom Store n Dom Tar 2 11% 48 2 90 +H 198 380 a=28 800 20 20 670 $1% 11% a 48 40 198 380 159 52 105 12% 17 'gag -warrants. day's close.) 198 =] + W Silverwd A 12 A 29% + % +4 0 +1 MERAW -- Bert So announce the and Helen are happy arrival of a son, $1 aK 4% $10 10 10 17. 88s 175 175 3: - 17% 32% 47% 50% % 28% 31% ERBe¥l ws = s¥ukl 1) Ed band of Lottie Jane Hannah and father of Mrs. E, H. Button (Muriel), Oshawa, in his 79th year. Resting at the Arm day, July 29, 2 p.m. Interment Mount Lawn Cemetery. _ 88358 GERROW FUNERAL CHAPEL Kindness beyond price yet within reach of all 728-6226 390 KING STREET WEST CGas In w C Husky C Husky w C Imp Bk C 67 CIL 16% 16% 30% 30% 25 25 52 52 4 48 $3014 $251% $52 348 $99% 220 $48 840 317% Cdn Oil CPR Clin Tire C Tire A C Util pr Chrysler Con Gas Copp Clark 8 9915 99% 8 48 17% 17% 8 LOCKE'S FLORIST Funeral arrangements floral requirements for occasions. OSHAWA SHOPPING CENTRE 24 HOUR PHONE SERVICE 728-6555 and all 5 $8 8 10 $106 106 240 $18% 18% Crush Pr 106 D Bridge 18% $226 22% 22% -- $99 99 99 210 210 Be -3 299 100 35 211 + % 200 110 » 10 $13 Imp 11 $45 Imp Imp Tob Ind Acep I Ac wis Ind Min Ingersoll A Int Util Inter PL Int StI P Life 25 oil 50 25 1245 $39 39 250 345 345 150 $8% 8 175 75 1675 Inv Syn A 25 Jefferson Jickey C Labatt Laura Sec Levy LobCo A LobCo B LobCo pr 380 $41% $17 $12 842 $43 $324 $18 $16% 1 17 12 18 16 $113 11X 106 Mass-F 5% p 10 $106 Met Store pr z45 $21% 21 Mid-West 100 Molson A 60 $267 Mon Foodg 450 $7% Mon Inv 30 $40% Mont Loci z10 $143 Moore 2305 $60 Nat Drug 200 $15% $18% 105 175 $11% 400 700 690 45 +13 +4 +% +1% 5 345 615 11634 1165 "a © $43% 43° $72% 72 230 225 20 + $T% TH TH %h HR 7 380 4 42 42% 2% 210 210 210 2% 26% -- 4% Simpsons 9% -- 8t Wire C 37 481% 6% 15% + % 52 13% 13 = $14% 14% 14% + WH $64 64 64 4% od 39 + % 345 % 8% + % 43% + % a 72% 10 %h- W 380 --8 ut H 13 +% a2 Q2h+H 32% 18 16% H+ % 3% C Paper D Glass Dupont Lob Inc % Price Br 1 106 + % 21% -5 Alminex 200 Bail 5% pr 225 Banff 520 Bralsa 1500 C Oil Lds 200 C Oil L wts 3200 CS Pete 10 C Chieftn 7% + A 40% +2% 14% i 60 15% + % 18% -- Ya 1% + % 700 +15 $25% 25% 25% -- Ya $84 -" $55% 250 $28 28 28 $5% 5% 5% 55 250 250 8% SR +3 -1 74 2% -- % Angico A Arcadia Atl C Cop Aumaq Aunor Baska Beveon Bouzan Bralorne Broul Ref Buff Ank 1300 Camp Chib 5400 200 + Y% 1200 Ye -32 --6 -8 +H +18 30 170 925 180 8 4 $14 105 b as 180 8 4 +10 1000 - WB 4 105 2 +1 7 1" Nn 17% 17% 17% 2 2 41 +2 + 50 +1 25% + % 113 +6 41 119 24% $62% 62% $23 23 $12% 12% 18 18 260 255 260 830 830 830 200 20 200 + $27% 21% 27% 4 231 231 231 $55 55 55 $843, 84% B4% + % 110 110 +1 123 25 624% 2 GF Mining Grandue Gunnar Hallnor Hollinger Howey Hud Bay Int Nickel Irish Cop Joliet Kerr Add z50 100 215 200 271 740 100 10 100 22 2 3005 $10% 10 5 % 5 835 835 9 56 13% 13% + % 3 4 » 5 203 18 5 205 2 18 10% +1% §Esgizusiseists s3agnslibied Baalusfifoang.cizengadazycliied ne = gE Ss - = E153 = = 23828 +++ 5 atl a285a58 gs Ly pA: HA CEPR PELE it ++ ++ EE) we 11 Curb Gaspe Cop w80 $25% 25% 35% Sales to 11 a.m.: 456,000. per cent in four or five years-- was foreseen Thursday by de- parting Japanese Ambassador Toru Hagiwara. But he indicated at the same time that the increase in Japa- nese goods entering Canada may be felt most heavily in the "non-sensitive" areas -- mean- ing gods that would not en- danger the position of compet- ing Canadian manufacturers. Meanwhile, Mr. Hagiwara said, the federal government will be approached this fall on the "appropriate amount" of Japanese goods in the "sensi- tive area' to be imported next year under quotas imposed by Japan at Canada's request. He left no doubt that Japan will seek an increase in such shipments, but did not cite spe- cific goods or figures. At pre- sent the quotas apply to a wide range of textiles, stainless Steel tableware, plywood, and other goods. odd tops to 30; good 23.50-25.50; medium 20-23; common 18-20; boners 13-17. Hogs: Grade A 27.65-30.25; heavy sows 19.55-19.80; light sows gained a $2 premium; OSHAWA MONUMENT COMPANY SPECIALIZING IN Monuments, Markers, Memorials, Cornerstones, Statuary of all types. R.R. 4, KING ST. E. Ph. 728-3111 or 728-8876 GIDEON Bibles are a continu! director or phone 725-2327. ing me- morial. For placement contact funeral CARD OF THANKS FALLOW -- We wish to extend our heartfelt thanks and appreciation for the acts of kindness, messages of sym. pathy and beautiful floral offerings re- ceived from our friends and neighbors during our recent and sad bereave. ment. --David Fallow and Evelyn WILLSON -- Mr. and Mrs. Eugene Willson wish to convey their sincere thanks to the Reverend N. F. Swack- hammer and members of First Baptist Church, Mrs, Jessie Darcy, pallbear- if friends and neighbors for beauti. GM Sales Bigger In Second Quarter DETROIT (CP) -- General Motors Corporation reported Thursday that second quarter net earnings rose 23 per cent from the first quarter of 1961 on a 13 per cent sales increase. Second - quarter net earnings amounted to $252,000,000 or 88 cents a common share. In the first quarter, earnings were $188,000,000 or 65 cents. Earn- ings in the second quarter of Lynn A. Townsend, left, newly - elected president of Chrylser Corporation, shakes hands with his predecessor, L. L. (Tex) Colbert as they posed at New York's LaGuar- dia Field today prior to leav- ing for Detroit. In company meeting earlier Townsend was elected to his new post. He also became a member of a CHANGE OF COMMAND newly created executive com- mittee of the company, the na- tion's third largest auto maker. Colbert quit as chair- man and president. (AP Wirephoto) BUSINESS SPOTLIGHT Coffee R By FORBES RHUDE Says Sales Up eport creased, their value has de- clined. Their 1960 value was $1,842,000,000 campared with $1,- 960, 000,000 in 1959 and $2,,410,- 900,000 in 1956. Exportable production from |008,00 bags, up nearly 10 per declined to slightly more than (Canadian Press Busines Editor cent. Of this, 938,000 bags went |°1:000,000 bags in 1960 - 1961, the grower countries, which rose| from 35,000,000 bags in 1956-1957 | to 6,000,000 bags in 1959-1960, | Cattle Demand Improved Now TORONTO (CP)~The demand for slaughter cattle improved and prices strengthened after a slow opening in a plain quality p z g Slaughter cattle: Choice supply made up mostiy of grass : cattle this week at the Ontario Sleors ppg singles and odd Public Stockyards. ots and a few lots of fancy % d fed st hundredweight steers to $22.80; a ywelsh ee Sie€rIg00d 20,50-21.50; medium 18.50- Drices 8 20; common 16-18; choice heif- strength and cow prices Were|ers 9050.21; good 19-20; medium fully 50 cents-$1 per hundred-|{71850- common 14.16.50: weight higher. Bull prices were|ohoice | fed yearlings 22-22.75; firm while replacements traded good 19-21: good cows 15.50-16 actively for a good demand atic. "4, 16.50; medium 14-15; steady prices. Veal calves ,...onc134 cannersand traded under pressure with very 19. few "milky" veais included in cutters 10-12; good heavy bo- the run. Hog prices were as in 1960. Receipts from West- ern Canada totalled 376, a de- cline under last week of 400 head. much as $2.50 per hundred-| weight lower and lamb prices were $1 per hundredweight lower on a careful sort. Cattle receipts were some 1,100 head fewer than last week| and about the same as this week| TONIGHT THRU SATURDAY! FRANK SINATRA | DEAN MARTIN | SAMMY DAVIS» | PETER LA ANBSIE DICKINSON | EZ PLUS ADDED THRILLS logna bulls mostly 19-19.50; com- mons and mediums 16-18.50. Replacement cattle: Good selected lots' of stock calves to 23.50; common and medium stockers steer stockers 20-22, and stock heifers 16-19. Calves: Choice vealers 26-27, stags 17.50 on a dressed-weight basis. Sheep and lambs: Good lambs 22; bucks were discounted $1 per hundredweight; common and medium lambs 16-20; good light sheep 8-10; common and fat sheep 3-7; feeder lambs 15- 18. wara told a press conference. He added: } "We would certainly like to have the quotas slightly in- creased, depending on the item, because we consider that the controls are not to our exports but to try to moderate the increase so they wil gradu- © aly build up instead of flooding the Canadian market at a cer- * tain time. : "I think the Capadian govern- ment agrees thal there should | be 'a gradual increase, without flooding." Mr. Hagiwara noted that Ja- pan has controlled textile ex- ports to the United States at al.» most the same level for the last four years while U.S. textile im- * ports from Hong Kong as well as Portugal and Spain have in- : creased. . "We feel that our restraint: should not be abused in such a way as to deny us an appropri- ate share of any Increase in ex- ports," he said. > JAPAN BIG MARKET Canada sold $180,000,000 worth of agricultural products and in- dustrial raw materials last year to Japan--this country's third largest market--and the figure this year will reach $200,000,000 Mr. Hagiwara said. Japanese sales in Canada were running about $60,000,000 to $70,000,000 lower than the va." lue of Canadian exports to Ja-, pan. Mr, Hagiwara said his gov ernment hopes to correct this imbalance--but not within the - next two or three years. PRB A AIEEE Dh eSebeaty [chiefly because of a. smaller |Brazilian crop resulting from {heavy rains. This was the first |decline in exportable production in five years, but it still ex- ceeds world demand. 1960 were $288,000,000 or $1.01. | Increases in coffee sales in|to Soviet bloc countries, an in- DIVIDENDS {European and other markets crease of 259,000 bags. This in- more than offset a decrease in|cluded 330,000 bags to Russia, North American purchases in|an increase of 205,000 bags, and By THE CANADIAN PRESS 1960 to mark up an over-all|325,000 bags to East Germany, | a AL uminkum Ltd., 15 cents U,S.|world sales advance. {an increase of 183,000. Czechos-| nds, Sept. 5, record Aug. 7. | This and other details of the|lovakia, Poland and Hungary | | + Barber-Ellis of Canada, Ltd.,|trade are contained in the 92|Were all down. BUZE WILL OFFICIATE $1, Sept. 15, record Aug. 31. |pages of Annual Coffee Statis-| France was the biggest Euro. LONDON (AP)--The Duke of Great Lakes Paper Company, |tics 1960, recently published by|pean coffee buyer at 3,447,000 | Edinburgh will open the British Ltd., 15 cents, Oct. 2, record|the Pan-American Coffee Bur- bags; followed by West Ger. Empire and Com m o nwealth] Sept. 15. » ol. {many 3,323,000; Italy 1,633,000; | Games in Porth, a Justralia, in M _| Features include substantially Sweden 1,222,000; Belgium and|N0vember 2.10 UL £Ir INSIAM el River Li, 1 cent, com. ceased purchases by Russa Luembours 1108008 and the Flac, apnouned Wednesday i" 3 - sulti .| United Kingdom 920,000. ) Visie . mon 15 cents, Sept. 15, record|!2r8ely resulting from agree-| 8 i bourne for the Olympic Games CIRCUS or HORRORS ADULT ENTERTAINMENT BOX-OFFICE OPEN 8:00 SHOW STARTS 9:15 ALL COLOR SHOW! CHILDREN UNDER 12 FREE ALWAYS A COLOR CARTOON | OSHAWA DRIVE:N| LAST DAY "Raisin in the Sun" THEATRE ADULT I I I I 1 ARAASANAAAANAN, GRAND FAMILY ENTERTAINMENT ! 3 A KILLER OF A COMEDY] | "Touching and Beautitul™ Humor - Satire - Cl No. 7 Hwy, 3.2 Miles West of Brooklin Newsweek Mag. Aug. 11. {ments with Brazil for exchanges, Imports by wéstern hemis- |. + in 1958 he went to Cardif, paz many and Italy. Other countries|639,000 bags, up 133,000; by Af-| Comes: cent pfd., 62); cents, Sept. 1./Arab Republic. Scandinavians|and Oceania, including Aus-| aad |basis. Brazil was the By THE CANADIAN PRESS [035.000 60-kilo bags of green|next at 5938000. Illustrating] TH EATRE 1961, $3,090.00, 17 cents | This was 1.8 per cent above the American countries, Brazil's ex-| of all her exports, while those| Power River Ltd., 3 mos. ended|U.S. IMPORTS DOWN P 32, 33 cents: 6 mos. ended June 30, Westcoast Transmision Co. United States imports dropped 1,100,000 bags from their 1959 historic high to 22,104,000 bags| {and represented 51.8 per cent of | the world total, down from 55.7 per cent in 1959 Canada's imports were also 965,000, accounted for more than| 71 per cent of her exports. | Total western hemisphere ex-| ports of 30,646,000 bags were down three per cent from 1959, | while African exports of 11,083, | 1000 bags were up more than 14] Thurs, - Fri. - Sal. at 8 p.m, Sat. Matinee at 2:30 p.m. CHILDREN 50c ADULTS 1.00 1s Olt: SHES BGoweN Hours HAND ; IN ; HAND It's Heartwarming ! [ . f products; and also increases phere countries other than the National Le 1° 3 : mon os 8 Lead Compuny, con: by both West and East Ger |United States and Canada were Wales, for the Commonwealth] {showing notable increases in-|rican countries, 1,146,000, up| Pembina Pipe Line Ltd., 5 per clude Argentina and the United|77,000 and by countries of Asia| record Aug. 15. {continue to be Europe's big cof-|tralia, 743,000, up. 184,000. | THE CANADIAN {fee drinkers on a per capita | NET EARNING | MAIN EXPORT | S Estimated coffee imporis by| hig exporter of | {all buying countries totalled 42,-|16,819,000 bags 'and = Colombia 4 | i ining [the importance of coffee to the Hudson's Bay Oil and Gas Co. | Coffee, with each bag containing y 18] ., 6 mos. ended June 30: he equivalent of 132.276 pounds. | economies of a number of Latin- : a orts, valued at $712,748,000,| share; 1060, $614,000, three cents, 1959 volume and 145 per cent|P gent y 'lab 3 made up more than 56 per cent] MacMillan, Bloedel and Lose 4 Ee rel of Colombia, valued at $332,.| June 30: 1961, $6,571,313, 31 J cents a share; 1960, $6,778,193, 1961, $12,151,225, 58 cents a share; 1960, $12,850,611, 62 cents. .,, 3 mos. ended June 30: 1961, $514,856; 1960, net loss $40,736. down by some 20,000 bags to: i oder LI 000. aD 8 na per cent, and those of Asia and FOR THE : ; : Oceania -- 1,350,000 bags-- dian imports have increased|yn more than three -- WHOLE FAMILY by 28 Per cent in the 19561960) "yy," otros sales have in-| RETAINS ONTARIO TITLE period. Despite the import drop, HAMILTON (CP) -- Johnny | coffee roastings in Canada in- | Summer. Danci Ray of Hamilton successfully creased. Of Canada's imports, | SC METRO-SOLOWYN-MAYER présente EDNA FERBER'S defended his Ontario bantam- Nearly 88 per cent came from | | SATURDAY NIGHTS-- weight boxing crown Thursday |Latin-America, down from 91.6] night with a unanimous deci- [Per cent in 1959, and the rest| The Grand Vallev Hoedown WITH THE WONDERFUL MONTGOMERY ORCHESTRA CINEMASCOPE and METROCOLOR © wor we GLEN FunG- MARIA SCHELL b ¢ ®, Bile NO e=tanonion TODAY! "TO HELL AND BACK" IN COLOR "THE LAWLESS BREED" IN COLOR The story of a man, a land a love, from the pen of the great Pulitzer Prize Novelist! NO EXCITEMENT PEMBROKE, Wales (CP)-- | To test local reaction to the forthcoming arrival of German NATO troops for training in South Wales, newspaper men persuaded a cab driver to walk through Pembroke dressed in German uniform. General opin- fon was that nobody seemed to | notice. | sion over Tony Morgan of Ni.(¥as from Africa, mainly Brit-| agara Falls, Ont. The five-round|1Sh East Africa. bout was staged at half time of| European imports were 17,-| $2.00 per couple -- Bring a Gang and have a ball -- For reservations call TEmple 8-2691 FRIDAY NIGHTS-- the Hamilton Steelers - Mont- a__ The Grand Valley Bandstand real Cantalia soccer match. The | only knockdown was in the sec- | | WITH TOP NAME BANDS NO JEANS OR WINDBREAKERS | ond round when Mortan took a | | To social clubs and groups -- we invite you to use our facilities for 1 hayrides, dances, corn roasts, wiener roosts andjoutings. 2 miles mandatory eight count. To Popular north of No. 2 Highway on Valley Farm Road, Pickering, RECORDINGS RED BARN ADMISSION--T7 Sc EATURE: :30-4:05 ba a ACE A REL ag

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