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| THE OSHAWA TIMES, Wednesday, June 20, 1962 25 "BUSINESS SPOTLIGHT Business Finds ' Vote Disturbing + | TORONTO (CP) -- Business 41 \and financial spokesmen, who iv >, have been urging decisive ac- tion in regard ta some of. Can- 'ada's basic problems, appeared igenerally disturbed Tuesday at 8 ithe uncertainties of minority A+ y,|government. --1%| Particularly they were con- 43 jeerned about the reactions of lthe foreign investment com- |munity, which has been casting uneasy or speculative looks at {Canada's long - continuing bal- ance-of-payments deficits, and its budgetary deficits of the last |several years. Little definite reaction was observable Tuesday, except 'lthat long - term government Today's Toronto Stock Toronte Steck Exchange--June 20 (Quotations in cents u | marked $. --(idd lot, xd--Ex-dividend, xr--Ex- ights, Lm saga a Net change is rom previolts board-lot closing sale.) INDUSTRIALS Stock Sales High Low a.m. Ch'ge cu = Abitibi 123 44% 44% 44% an Atl Sugar «125. $1499 14% 1448 eM, \ckJand 150 490 400 400 95 | Tire \ita Dist 915 215 215 215 tw \gyere \lta Gas M6 $260 256 loxP ney Alta Gas pr 20 $108% 108% 10814 aah at Alt Gas B pr 75$105 105 105 Me _En' \ltg Gas w 150 975 975 975 Con ir} Aig Cen 210 $19% 19% 1% Con ig 4 Algema 750 $41% 41% 41% -- % fon a ia Alimni 1374 $21% 21 ~-* Con L.A 2300 Alam 2 pr 110 $47 Shaper" on Anaing a Coronation 925 Arg C P pr 1ll9 $6%4 Sinetaoe 4 Atlas Steel 145 $30% eg FN Bank Mont 375 $56 ia Bank NS ail $6234 318 Beatty A 273 Ma ve 300CUM 200 " | = . $11% 627 Y 50 | C ; te zm rs ae Dom Tar 375 % . a Dom Text 100 6 Am Ladue $19% 14 | Falcon 325 45% 454 Mass- Hailey $ $94 4|Fed Farm w 100 250 250 250 ---40 |Moore B 'ley = $8% Gatineau 105 $30% 305% 30% -- %|Nat Trust $36% 36% Gat 5 pe pr 100 899% 9914 99% - 1%4|Noranda n Market Listings 11 Net High Low a.m. ob'se| Stiek $15% 154% |Chib M $19% 19% Cogh Will 6% 6% + %\C Discov 43% + %|C Fen ll 14!C Mosher 6% -- %|Cons Que 67 -- %\C Red Pop 16% |C Sannorm 1%-- ¥ | Conwest 22% + ¥4|Craigmt 11% |Croinor 26 | Deer 4 * | BiBlaon' 10% |Delhi Pac 16% -- %| Denison 11% + %|Dicknsn 4+ Me 6 1 13 | 20 ED. WILSON RETIRING FROM BUSINESS NOTICE! The merchandise listed below. will be offered for sale to the' public Thurs., Fri. and Sat. of. this week and Mon. and Tues, of next week. 2 11:00 Net Sales High Low a.m. Ch'ge 780 40 1800 535 100 109 2000 16 , + 1200 265 4500 2500 Sales 150 825 100 100 100 200 927 5 11 Net | Sales High Low a.m. Ch'ge| Stock Z115 89% 9% M% |NO NGas 205 $125 125 125 --5- |Page-Hers 25 347% 47% 47% + % | Phina 265 $14% 14% 14% Price Br 250. $17 °17 17 |Rockower pr 5 | Rothman 200 290 290 290 Royal Bank 100 $42%4 4214 42% --114| Russell 85 $129% 123 128 +§ |Salada 406 $42 «42 «420 % | Shawin 500 $234 23% 23% -- % Siverwd A 240 420 420 420 | Simpsons 725 400 400 400 Southam 1175. 85% «5 5 St Pav 405 $64% 64 64 -- %|Steel Can nm 27 200 $41 40% 40% -- %|8 Propane 1215 $69 68 8 --I4| Texaco 25 $4444 44% 4%--1 |Tor-Dom Bk 200 $14 «14,4 T Fin An 220 $10% 10% 10% ltr Can PL zi5 $12% 12% 12% \trans-Mt ey Un Gas Vie G Tr y Walk GW " WCoast Tr Wood J pr Net Stock Sales High Low if a.m. ch'ee| Stock Cc Chem 2100 36% 6% 6% \GS Wares C Chem w 200 210 210 210 -§ |Goodyear © Frbks B 100 425 425 425 10 |Goodyear pr C Gas In w 100 1% 195 i +5 [Gr Wee G Husky 760 $54 5% 5% Greyhnd Hydro 100 $134 134 13% Guar Tr Imp Bk C2l19 $54 54 -- %|Horne Pf IL 26 $12% 12%4 H Smith pr 315 §27% 27% -- %\lmp Life 1935 2 «-- %/Imp Oil 210 'Ind Accep 500 $ ~ Ya\ind Min 100 --10 | Inglis 100 4--%\Inland Gas 800 Int Nickel 250 Int Util 100 Inter PL Inv Syn A Jamaica PS -- %\ Jock C pr -- V4 | Labatt - | Lafarge 1 > + - 4 +2% Cc 5 16 615 +5 $B 18% 18% -- ¥ 7 7 7 18 ty 18 % % %% 64 63 $10% 10% 425 420 me 25 $32 32 Donalda 5 7 7 East Mal 255 «255 Faraday 150 150 -- | Gaitwin. 8 7 |Geco Mines $24% 24% 913% 13% 43 41 a Giant YK 880 880 215 215 over-indulgence in deficits and from loss of efficiency through soft-living. Nevertheless the fu- ture of this country is tremen- dous if we only get ourselves into good condition." Chief immediate apprehension is that minority-government un- certainties may lead to with- drawal of investment from Can- ada and increasing pressure on the dollar foreign exchange rate. Also high on the list of gov-) ernment problems is the devel-| CHROME KITCHEN CHAIRS 2 49 eves walt Gone aitustion aan Reg. 8.95. SELLOUT FROM......... Me the steps and attitudes it -- take. KROEHLER DELUXE BEDROOM SUITE -- +2 +3 +1 225 «(85 5 z10 300 300 250 $17 17 $15% 15% 5 --%|LOnt Cem 300 --2 | Laura Sec Lau Fin A + % Lau F 20 | Levy 57% --1%4| Goldray 50 , Gunnar 1444 -- ¥%4 | High-Bell % Hollinger Hud Bay Irish Cop Jacobus 12 | Jowsey 47 --1_ '| Kenville 5 5 5 -- %|\Kerr Add 650 650 650 --10 |L Dufault $20% 20% 20% Latin Am ra} $2342 23% 23% |LL Lac +6 $22Ye 22% 22% -- | Lynx 6 5 | 310 310 «310 | Macassa | 106 5 | Madsen 8 265 Marcon Maybrun 975 z> | McKen 254 + 31% | McWat 5 at 22 | Mentor 10% -- ¥%|Min-Ore 5 | Multi-M |N Mylama Newnor |Nickel MS | Northgate Pamour Pato Paymast | Perron Placer Preston Raglan Rio Algom Rix Athab | Rockwin San Ant Sherritt 41% 17% Dale Dist Seag 4\D Bridge Dom Elect sco 4|Dom Stores 100 $19 19 27 953% 53% nie "4M « & 11140086 -$ BC Pow 1010 000 aig at Cal Pow 200 Can Foils A 200 cr Fndry 200 Cdn Brew 1595 C Rr Al A 160 © Cel 175 210 18% 213 S18% 18 be 2105 $11 11 325 $44% 44 210 $92 92 1660 $28% 28% il 44+ % 92 3000 2100 400 300 100 1000 1500 200 250 238 1050 3000 100 200 600 2000 2300 2500 300 1000 142 6000 105 265 125 975 975 25% 25% 22° 2 $10% 10% 985 985 $13% 13% 204-204 9 9 260 260 $12% 12% 3636 Teamwork Gave __DIVIDENDS | By THE CANADIAN PRESS oe 2 | Anthes Imperial Ltd., Class Ajy 8 oi @ o Results 111 cents, July 16, record July|Medal ec 101 3; Class B 4-10 of one cent and|Northeal C West P Dome Pete Dynamic Glacier Home A 15000 8000 4100 3500 200 100 200 500 135 200 500 680 1000 13% -- % 204 9 260 12% we : Mose a stock dividend of nine second) pa' Pete In Toronto, a special compil- pfd. shares of one cent par|Pamoil ing staff worked through the yajue each, July 16, record July|Perm™e night turning out a speedy flow 3. ease Gas of figures that added up to a Bank of Nova Scotia, 55 cents, secur Free minority victory for the Pro- Aug. 1, record June 30. Un'phere Canada. gressive Conservatives. Dominion and Anglo Invest-|yan can By 5 a.m., 7,266,720 votes had| Past records for speed could ment Corporation Ltd., five per been reported by The Canadian|not be matched because of the cent pfd. $1.25, Sept. 1, record Press from 4,907 of an esti- closeness of the contest but as Aug. 15. mated 48,623 polls. It was ap-|the trend became apparent CP) Holt, Renfrew and Co. parent that when all the votes|reported at 10:34 p.m. EDT common 20 cents, Aug. 1, were counted the record of|that the PCs would not gainiord July 14 Atl ¢ 7,287,297 set in 1958 would be|an over-all majority and al Huron and Erie Mortgage /Aumag topped by possibly 300,000. 12:07 a.m. that they would/Corporation, 30 cents, Oct, 1,|Bankfield Compilation of this massive|¢merge as the party with the record Sept. 14 ig PP total was the result of the com-|greatest number of members) Maple Leaf Gardens Ltd,, 30) Beveon bined efforts of electoral work-| elected. 5 +4 TORONTO (CP) -- The team ; work of more than 100,000 per- sons provided Dominicn elec- tion results Monday night from 95 per cent of the polls across 814 MINES 1000-38 1000 2500 1500 700 1000 2000 500 1000 500 500 1000 1800 Abacus Ltd., | Avnico rec- Arjon A Arcadia Cop 46 745 ~2 --5 Most business commentators| Sold for $339. : g feel that the public has not been/| Bebe Ul oi ikcaecin ew 8 * ibonds were off % point or more|sufficiently informed of the jand this was widely attributed|problems involved, and some- 5-PIECE CHROME KITCHEN SETS Th |to the voting results. Bonds|how must be made aware of WHILE THEY LAST je */have been weak for some time|what is at stake. | --j%4!} i i - ; " | ~iig/now, but it was believed a def! While the make-up of the next MM SENSATIONAL SAVINGS ON CHESTERFIELD pnve oy . ay ve) parliament lends itself to polit- SUITES. FRIEZE COVERS, FOAM |strengthened them, lical jockeying, some business] CUSH ONS 2. PIECE SUITES 88 00 Stock markets were weak but/observers feel that the parties IONS, 2-Pii T ® apparently they were following) may find much less leeway in) ; New York's lead rather than/this regard than would ordinar-| UNPAINTED CHESTS OF DRAWERS. * 49 taking independent action. ily be the case. SELLOUT By 'a 1 The Canadian dollar closed; 'The problems are too seri-| ;14/unchanged in New York at 9ljous," one financial spokesman} SMOOTH-TOP MATTRESSES. 5000 47-64 cents (U.S.), but it is not| commented, "and any party ALL SIZES 22 88 i known to what extent Bank of|that plays around be them ea es . Silvma , Canada support may have been|may find itself in trouble." Serie fat Meu ha "gut emeel acor. CONSTRUCTION. FROM... O,O8 arra' i 1 Steep R 47556! 53 | Spokesmen were quick to af- T! F is Taurean 1000 3 %\ firm the soundness of the Cana-| NET EARNINGS | Trin Chib 3400 42 31 32 4. [dian economy providing certaln| ee PRESS | CONTINENTAL BEDS, SPRING FILLED ® 93 Ult-Shaw 12000 steps are taken. D. S. Beatty,) By u U | i ,|Un Keno 650 , 005, +40 newly-elected president of : the| Blue Bonnets Raceway Inc.,| CONSTRUCTION. Complete with legs 4 fe, ig 25414 Investment Dealers' Associa-|year ended Feb. 28: 1962, $701,-) Wikroy sf y 4 T4 jtion of Canada, speaking Tues. |764, 75 cents a share; 1961, PLATFORM ROCKERS. 29 95 |¥k Bear = 725 95 day at the association's annual | $242,107, 39 cents, NYLON FRIEZE COVERS......... s 745 cents, July 13, record July 3. a. ers, telegraph and telephone]. Only two close contests were -- =| Rests companies and the staffs of}! member newspapers who gat ered and transmitted returns for The Canadian Press. h-|one in the double-seat riding of ) |Halifax and the other in North- house was opened in Venice in /C@?-Erin west Territories. n doubt at the end of the night, HISTORIC OPERA Sie a 1000 325 The world's first public opera|Camp Chib 600 2350 530 29000 325 480 325 490 13 | 17 41 11% + % 2 +10 Cassiar Chester 17 17 ve $11% 114 1637 0 3 |Young HG jenmac Yukon Con 500 17 - 13000 35% 3 3 -% Curb said: 5500 Sales to 11 a.m.: 633,000. meeting at Murray Bay, Que.,| Shop and Save (1957) Lid., | year ended March 31: 1962,| "Canada may be suffering at|$413,669, 45 cents a share; 1961,) the moment from the effects of'$323,748, 37 cents. In 1958, when polls opened two hours earlier than this) year, 96 per cent of the polls had been reported when night election service ended. An estimated 97,000 electoral officials and returning officers counted the record vote and made it available to newspaper correspondents in each constit- uency. The communications services took over from there, transmitting the results to CP bureaus across the country. Quebec Socred Votes Claimed! Only Protest QUEBEC (CP)--The election) of 2% Social Credit candidates | in Quebee province was '"'first| and above all a protest vote, a manifestation of unrest," the! Confederation of National Trade Unions declared Wednesday night. It sald union members who voted Social Credit should with- draw their support of the party before they are "'caught again at their own game." In a prepared statement, CNTU President Jean Mar- chand said the election of a So- cial Credit block in the prov- ince is also "evidence of a sys- tematic loss of confidence." "In a country which is en- during chronic unemployment of eight to 10 per cent of the) working force it is not surpris-| ing that it ends by provoking a) popular reaction,' the state- ment said "But most baffling is that the discontent of the working class was expressed through Social Credit which is notoriously a party of the extreme right, hos- tile to the labor movement." "A brief analysis convinces us| that it was the only party which | knew how to strike the popular imagination and which offered; apparently radical solutions." The statement also criticized the attitude of the three other) parties towards Social Credit in the campaign. "The systematic refusal of the three other parties to reply to Social Credit, except at the} end of the campaign, conferred | an air of irrefutable truth on its claims." Helty Trading As Market 'Moves Lower TORONTO (CP) -- The stock market moved moderately | lower Tuesday as hefty specula- tive trading boosted total vol- ume near the 3,000,000 mark for the first time this month. Among speculatives, Jacobus} Mining jumped to 94 cents--its | best this year--before settling) to 85 cents for a gain of 35} cents. The stock churned, through almost 700,000 shares. | In cool woven cotton . . Black and White Houndstooth Check Skirts Reg. 3.98 . . . end-of-line clearance Please no telephone or mail orders. Here's a washable, crease-resistant fabric in black and white houndstooth: check . so right for most Sum- mer occasions. Styled for junior petites, 5'1" and under, the skirt is full, with unpressed pleats, leatherette belt, contour buckle. Sizes 10 to 16 in the group. EATON Special Price, O008) 6c. Special Purchase ! Ordinarily much higher priced ! Women's quality sweaters. . colours of apricot, lavender, beige, group. EATON Special Price, each. BUDGET FASHIONS, EATON'S UPPER LEVEL, DEPT.345 Buiky-Knit "Orion" Chanel Style Sweaters PLEASE, NO TELEPHONE OR MAIL ORDERS We purchased this noted Canadian manufacturer's stock of . at much below the usual price . . we're passing the savings on to you! Of bulky-knit 'Orlon"', that washes so well, retains its shape, they're in modish Chanel styling; loose-fitting boxy shape with neck fastening, wing collar, 34 length sleeves, Knit in an allover fancy stitch; a few whites in small size only. Sizes small, medium and large in the . and " Seamless Micro-Mesh Nylons Dress Sheer Weight 'f Pe = rile 400-needle -- 15-denier; glamorous hosiery for special occasions and dresswear. Reinforced heel and toe; looped toe for comfort. Tops have lots of stretch for excel- lent fit. Summer shades of tender beige, amber beige and taupe mist. on SS se 2 -- Consolidated Rambler rose 23) cents to $1.28 on a volume of more than 100,000 shares. Banks paced the - industrial decline, with Nova Scotia and Montreal dropping 15, and. 1 respectively to their lowest price of 1962. Royal dropped 1% Calgary Power and Moore| Corporation each fell 1 and] Interprovincial Pipe Line 1%. On index, industrials declined 2.16 to 542.77 and western oils 88 to 96.81. Golds gained 2.94 to 100.68 and base metals .72 to 184.18, Volume was 2,828,000 shares compared with 1,800,000 Monday. In base metals, Falconbridge | dronned % and Hudson Bay} Mining %. Among golds, Dome Sizes 9 to 11. pair 19 3 pairs 2.25 EATON'S MALL LEVEL, DEPT. 201 PHONE 725-7373 J Climbed 2 to 3214. j 'Arnel'-and-Cotton SLIMS End-of-line Clearance . . . Reg: 5.49! Cool slims for the leisure hours In a washable blend of 'Arnel'-and-cotton, styles with of Summer! neat tapered legs, snug fitting waistband and side zipper clos- ing. Crisp, fresh colours of tur- quoise, beige and white. Sizes 10 to 16 in the group. EATON Special Price, each SPORTSWEAR, EATON'S UPPER LEVEL, DEPT. 246 PHONE 725-7373 LARGE 30 x 54 FULL PANEL CRIBS. REG, 49.95, SELLOUT KIDDIES' COMMODE CHAIRS KROEHLER 2- PIECE CHESTERFIELD SUITE. CUSHIONS. Reg. 279.00. se.LouT 167.00 87 VINYL PLASTIC BY THE YARD. RECOVER YOUR CHAIRS. PER YARD. ANDREW MALCOLM FRUITWOOD FRENCH PROVINCIAL SUITE, 3-PCE. BED- 242 00 ROOM SUITE. COMPARE to 349.00 D) STUDENTS DESK, DRAWER AND 4 $1 SHELVES. 2 ONLY 8 TRI-LIGHT FLOOR LAMPS WITH SHADES 19.63 cere eeees BEAUTIFUL BOOKCASE BEDS. REAL VALUE.... BABY HI-CHAIRS. PROM <i iivccs ss 2-PC, BED-CHESTERFIELD SUITES. WHILE THEY LAST.... RECLINER CHAIRS. ASSORTED COLORS.... GENUINE SANDRAN FLOOR COVERING. SELLOUT PER YARD..... BABY STROLLERS. STRONG AND STURDY OIL PAINTING REPRODUCTIONS eeeeee 126.83 .... 88,00 1.89 4.83 ARBORITE COFFEE TABLES, REG. 18.95. SELLOUT ' FLOOR COVERING. WALL-TO-WALL PER FOOT wee. oe vv 0 24,00 ee ee ei DECORATOR CUSHIONS TABLE LAMPS WITH SHADES WHILE THEY LAST...... BABY CARRIAGES, NEW 1962 MODELS. SELLOUT. . CRIB MATTRESSES. SPRING-FILLED, SELLOUT. . SMOOTH-TOP CONTINENTAL BED with Headboard and Legs. SELLOUT 53.87 6 X 9 BORDERLESS LINOLEUM RUGS ? 99 New Spring Patterns. Sellout Price from daa MATTRESSES WHILE THEY Last 11.00 ., 166.88 DELUXE 2-PC CHESTERFIELD SUITE -- SELLOUT SALE.... SENSATIONAL SAVINGS ON CHESTERFIELD SUITES. FRIEZE COVERS, FOAM CUSHIONS. 2-PIECE SUITES WALNUT TRIPLE DRESSER BEDROOM SUITE. Most Go -- seu our........ 148,78 157.83 SECTIONAL SUITE--Sold for $289. NOW--AND NEVER AGAIN FOR ED WILSON FURNITURE Co. 20 CHURCH STREET PHONE 723-3211