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22 «THE OSHAWA TIMES, Thusdey, June 7, 1962 Today's Toronto Stock Market Listings TORONTO 11 AM. STOCKS By The Canadian Press Teronte Stock Exchange--June 7 INDUSTRIALS 11:00 Net Steck Sales High Low a.m. Ch'ge mss 6 & --% 115 $14% 14% 14% + % 190 185 190 +5 145 $27% 2% 274--% >peeee TPTEPay oe ng i SREyE 15 "| i a Gas In w 100 235 5 ; Husky 1280 $5% 5% + Husky w 400 155 155 735 $13% 13% 13% 60% 60% 30 $108%4 108% 108% + %|F 6% 16% 16% 11:00 Net Sales High Low a.m. Ch"ge 375 $439% 43 «(43 Stock 80 955% S54 100 $8% 8% res 210 $12% 12% 2271 $18% 18% $23 8 w» 250 $24% 21% 225 $10% 10 10$160 160 i 200 $11% 11% 233 $50 «50 $17 16% $50 «=--«50 9% 9% $30% 30% $9% 9% $1644 16% $8% 8% 200 200 200 $144 14% 14% $144 4% 14% 5 $25 235 $5% 5% 5% $80% 80% 310 «310 «310 750 125 2200 200 375 500 5 $l44y 14% 14% 425 42 425 115 MS 115 Inglis Inland G w 49 4 76% 7 140 «+140 49 «49 270 «270 0 320 315 315 --S 5 $13% $54 5% $16% 16% 16% $l1 10% 11 $17% 17 17 8% 8% 220 216 220 99% 9% % 575 A 666 LobCo A w 1348 LobCo B 750 LobCo pr 25 Loeb M 100 MB PR 2112 $1344 S19 360% $1244 12% 12% 450 450 450 $28% 23% 284+ % 5 Bb $17 17 $5 5 $13% 13% $8 8 $20% 20% $18% 18% $17% 17% 250 $i4 4 8 2u%--% 18% 17% 4 + M%) M Leaf Mil z100 |Mass-F 425 Mid-West 100 | Moore 125 Nat Cint $13 $11% 11 ll 170 170 170 + $48% 48% 48% -- 5 5 NQ@ Pow Overland pr | Parker |Pembina pr Prem Tr 210 100 75 75 $300 300 350 6350 350 300 ---% w 804% 5% $45%4 45% 4544-- % $8 6686S $42% 42% 424 ----% 9 64+ M 13% 13% -- % 54+ % --% 8% -- % $4914 49% 494-- % 13% 134% + | 5 % --25 | Place $50% 50% 50% + %/| Provo Gas QN Gas QN 11 Net 1 Net Sales High Low a.m. Ch'ge Sales High Low a.m. Ch'ge 5000 149 148 149 +2 200 146 146 146 2050 142 141 141 --4 5333 42 42 42 1100 40% 40% 40%-- % 50005 5 5 570 570 570 --10 7 eo 6 --4 Stock Martin McIntyre McKen McWat Merrill Min Corp Mt Wright Murray M N Kelore Newlund N Mylame N iu Net Sales High Low a.m. Ch'ge 400 =$5% 50 32% 675 $71 150 $10% $16% Stock "4 4 4«& $42% 42% 42%+ % 16% 16% 16% 41% @ 63 «63 3 sb 6 6 Gas pr Royal Bank Royalite ior 42% 10% -- % 700 cc +3 103-103 7 7 200 1000 2000 500 100 5000 A Arcadia 1500 A Arcad Bw 500 lat C Cop Atlin-Ruf Aunor Barex Bary Expl Bethim 3 3 3 21% 21% 21% 119 119 «119 2. 12 2 39% 39 39 1 164% 16% 164+ %), ae | ay = Orchan 390 «390 «6390 Osisko Paramaq Pax Int Paymast Peerless Perron Pick Crow Pitch Ore Qunston Quemont Radiore Rayrock Rio Algom 200 2000 215 215 215 --2 225 39% 39% 39% +1% 1000 54 Ry 54 9 9 9 22% 224 224% + % 00 223 220 223 «+3 Bralorne $95 «695 3, | Brunswk 00 375 375 «375 Camp Chib 2125 455 445 450 Camp RL k. 70 $16% 16% 16% 2 00 205 205 205 8 8 8 50 $11% 114 LIM--% 4% 4% 4 -- +5 --10 --% +5 17% 96 Wood J A «0 Woodwd A 14% Curb 0. 5 M4 -- Yl oi $32% $40% $47%4 OILS 5500 13% 13 1400 186 186 5000 100 715 1100 324 40% 47% 32% + %4\C Halli hed *\C Mosher 100 C Paper Price Br Acme Gas Alminex Ang Un Dv Bailey S A CS Pete C High Cr Cent Del C Mic Mac Dev Pal Dome Pete Gr Plains 63 63 $10% 10% 385 $29% 29% 29% + % 130 126 126 -4 16% 16 16 8 8 25% 47 --% 20% 20%-- % 63 ? 10% -- %|, Dicknsn 385 +5 Dime Elder Frobisher Gaitwin Geco Mines soldray Hollinger Ult Shaw U Mining U Asbestos Un Buffad Un Keno Un Fort 1500 1000 100 500 130 4500 500 19 «(19 % $2544 25% $21 Hud Bay | J Waite +20 |Kerr Add 425 |L Dufault 0 --l Luz 4 + | Langis +1 tin Am +1 |LL Lac +1 |Lyndhst --5 |Madsen + %|Marboy 54% 54% + %|Upp Can 24 25 +1 |Vandoo 920 | Willroy 500 | Wiltsey 270 Wr Harg 37 Young HG 79 enmac 174 «174 «+4 Curb 8% 8% +1%/| Yukon 218 220 +3 14 4 «6+1 5S $55 25 600 1009 6500 1000 700 38650 Majtrans Murphy --% 920 500 270 37 79 5 --l --1 Con 2000 220 14 Spooner 1000 Sales to 11:00 a.m.: 503,000 BUSINESS SPOTLIGHT Canada Science Research Lags By FORBE RHUDE Canadian Press Business Editor Any industrialized country that does not allocate to scien- tific research a proportion of its national effort comparable to that of the most advanced nations will be unable to main- tain its position in the world. This statement is from Dr. E. W. R. Steacie, president of the National Research Council, who addressed this week's annual meeting in Montreal of the Ca- nadian Manufacturers' Associa- ada's total + | research expendi- tures were 0.72 per cent while Court Halts Payment Of 53,427,000 jfirm's newspapers, The News|Star ceased publication in Octo- Chronicle and The Star, were!y.y 1969, when they were sold sold in 1960. pies figs ; | A iat Newspapers, | A High Court judge ruled thatlPicitea" ade pon meth The | the company was not entitled to Daily Mail and The Evening |pay the sum--the balance after| News respectively jexpenses of the sale price of| : - |£2,000,000 ($6,120,000)--as _com-| | }pensation for loss of pension PEACE ct " Hs .,_|rights to more than 3,000 em-| ADDIS ABABA, thiopia LONDON (Reuters)--A Daily ployees. |(AP)--An agreement to bring News stockholder won a High We issued a restraining in-|300 American Peace Corps vol- Court battle Wednesday to stop|junction and awarded costs ofjunteers to this east African those of the United States were) payment of £1,120,000 ($3,427,-\the action to stockholder Hall|country has been signed by the 2.58 per cent and, for the/000) compensation to employees! Parke. United Kingdom, 2.11. Dr. Ste) ---------------------- cie added: "The difference is about the same for research financed by government or by industry. | Thus, in 1959 the federal gov-| ernment spent $154,000,000 while equality with the United States would have necessitated $580,- 000,000 and with the United tion. Apparently Canada not only has to hold her own in a current| sense but has a considerable) way to catch up. | Here is one set of estimates} Dr. Steacie outlined two days| of encouraging research. One is given by Dr. Steacie: From 1956 to 1958 total Cana- dian research and development Kingdom $490,000,000. Canadian industry spent $78,000,000, while equality would have been $29,- 000,000 and $220,000,000 respec- tively." across-the board by tax conces- sions and such concessions had expenditures increased about 10/been made in the last budget. per cent per year with. 13 to 14 per cent in the United. States and 12 to 13 per; The latter method has been! cent in the United Kingdom... jfollowed in Canada in. defence} Of this, research and develop-|work but the National Research) ment. performed by the federal) government increased seven to) eight per cent compared with) eight to nine in the United| States; and that by industry) increased about 10 per cent) compared with the same figure in the United States. compared|The other way is by "'pick-and- choose." Council has recently embarked, in a somewhat experimental way on a broader 'extension of the method. The program, Dr Steacie commented, is 'compli- mentary in non-defence fields to} those already operating for de- fence purposes. U.S. AHEAD Research and development financed by the government in- creased about 10 per cent per year compared with 12 to 13 per cent in the U.S. and eight to nine per cent in the U.K.; while research financed by industry increased about 20 per cent per year as compared with five to six per cent in the U.S. and 18 to 19 per cent in the U.K. While these figures may ap- pear encouraging, Dr. Steacie commented, the rate of growth is only satisfactory if the leve] of expenditure is also satisfac- tory--if the level in Canada is below that of other advanced countries it will be necessary to provide for a greater rate of _ in order to reach equal- ity. In 1959, for instance, in terms of Gross National Product, Can-| CHECK THESE RATES SINGLE 5 with Private Both DOUBLE 8 With Private Both ~Gp--fn & CENTER OF LINCOLN CENTRE > Hotel EMPIRE Broadway at 63rd Street * 700 rooms & suites -- most with AIR- CONDITIONING, TV and radio ® Excellent Restaurant --Coffee Shop» Cocktail Lounge © Garage adjacent to hotel PLUS mary special Empire comventences sock Beby Sitters, Physician, Sighteriog Bases, Train & Plane Revervations, Redio & TV Tickewt NEW YORK "23,NX COlumbus5-7400_ | | | | |U.S. and Ethiopia. PLEASE! ... Pay Him Promptly! ... He's on YOUR PAYROLL NOT The Newspaper's YOUR CARRIER is an enterprising young man in business to serve you and the many other customers -- on his newspaper route, quickly and dependably each day. HE BUYS his papers from us at the wholesale rate and sells them to you at retail. The difference in price pays him for serving you. AND BECAUSE he works for you in this way, he looks to you for payment each collection day. Thus, he is on your "payroll", not ours, and appreciates being paid promptly -- so that he can pay his own paper bill and enjoy the full profit he has earned! She Oshawa Cimes 13% 13% 134+ % 19 +% ee ee ee DIVIDENDS By THE CANADIAN PRESS Canadian Bronze Co, Ltd., common 3714 cents, pfd. $1.25, Aug. 1, record July 10. Dow Brewery Ltd., common yg cents, July 5, record June Mocassa Gold Mines Ltd., five cents, Sept 15, record Sept. 1. i National Trust Co. Ltd., 55 go nd 3, record June 15. remier Trust Compan July 1, record June 15. » Walker, Hiram - Gooderham and Worts Ltd., 40 cénts plus 40 cents extra, July 16, record June 20. GREAT PORT Habor level at Montreal, one of the world's great inland sea- ports, is 58 feet above sea level. IN THE NEW fuosiccex CROWN DIAMOND PAINT CONTEST! "AND OVER 336 WONDERFUL WESTINGHOUSE APPLIANCE PRIZES 27m : rd prize: Y Westinghouse AM-FM §{ Stereo Combination, RETAIL VALUE 2 $399.00 es For the convenience of the public our office will be open 2nd prize: Westinghouse Stereo-TV Entertainment Centre, RETAIL VALUE : $799.00 PRIDAY 9 a.m. to SATURDAY 9am, to} p.m. Monpay, TUESDAY. WEDNESDAY PRURSDAY 9 am, tod p.m. AND | who lost their jobs when the| The News Chronicle and The} 100 prizes: Westinghouse automatic Coffee Maker, retall value: $19.95 ea. 160 : Westinghouse automatic Electric Kettle, retail value: $14.95 ea, 200 prizes: 1 gallon Crown Diamond China White 2 prizes: Westinghouse Portable TV, retail value: $249.00 ea. : 10 eed Westinghouse Clock Radio, retail value: $39.95 ea. 2 es: Westinghouse Table Radio, retall value: $29 Sees : 60 : Westinghouse automatic Electric Can L n Opener, retail value: $24.95 ea, Super Porcelain Enamel, retail value; $13.25 gal. ENTER TODAY! SEE YOUR CROWN DIAMOND PAINT DEALER FOR CONTEST INFORMATION *retail value of merchandise prizes--over $16,000.00 THE CROWN DIAMOND PAINT COMPANY LIMITED | in response to many requests, this contest has been extended until July 31st, 1962. |ERNIE CAY LUMBER CO. LTD., 53 ALBERT ST., OSHAWA, ONT. 725-1121 GUARANTY TRUST Company of Canada 32 KING STREET EAST OSHAWA 728-1653 { | | | | EATON'S TWO-DAY ELECTRIC SHAVER CLINIC . «+ FOR ALL POPULAR MAKES Captain Morgan FRIDAY AND SATURDAY, JUNE 8th AND 9th Factory-trained technicians will be in Eaton's Shaver Dept. Friday and Saturday... plan to bring your shaver, where it will be cleaned, oiled and adjusted while you wait -- at NO CHARGE. You pay only for new parts if these are required EATON'S MALL LEVEL, DEPT. 515 On sale at 6:30 p.m, Friday and only while quantities last. Please, No Telephone or Mail Orders MALL LEVEL HALF PRICE CLEARANCE Decorator Cushions End-of line LOWER LEVEL Two-Point Hammocks... A FATHER'S DAY SPECIAL! End-of-line Clearance . . Reg. 4.99! Soft yellow cotton-blend cushion with a sheen Heavy quality cotton in gay multi-colour stripes; weather finish, well-stuffed with new "Kapok". But- and. fade-resistant. White fringed edges. Approx. 36" wide and 72" long. Complete with detachable pillow, well-stuffed with blended cotton felt. Hammock has twe heavy-duty chromium-plated suspension rings. each 3.99 EATON'S LOWER LEVEL, DEPT. 227 ton tufted centre with corded knife edges. Approx, 17 x 17". EACH wy | €ATON'S MALL LEVEL, DEPT, 224 Store Hours: 9.30 a.m. to 6 p.m. Monday to Saturday. Open Friday Nights until 9