Uncertain Trade On Stock Market | By MARK MEREDITH Canadian Press Staff, Writer The atock market traded un. ler a grey cloud during a week wf economic uncertainty and ralf . hearted buying. Blue chip investors stayed at the side lines following last week's 20-point clobbering, giv mg a ttal dollar value to the week's trading of $11,500,000 ess than half that of the pre- rious week, The industrial index in Tor. onto atruggled up 4.71 points for ihe week with analysis gener. In a press release Fri- day's market close, -Frie Kier: ans, President of the Montreal and American stock exchanges, termed the tax affect "poten- tially catastrophic for Canada," For three consecutive days in Toronto transactions and dollar values hit record lows, Most of the volume was in speculatives as small lots of industrial changed hands and investors waited out the storm, VOLUME LOW Thursday the number of the takeover of power com:| panies by Quebec hydro. NET EARNINGS On index in Toronto !ndus- trials rose 4,71 to yer golds py THE CANADIAN PRESS 1,03 to 89.41; base metals 3. 2 . } aad Industrial Minerals of Can- he and western oils 1,79 ada Lid., 6 mos, ended June 30 ' ' Ko ° Volume for the week wel anes" a cane 27,770,892 shares compared With tien Ltd year ended Dec. $1 10,013,051 last week; dollar|yoqy ga13. 98. 1061, $26,044. ivalues $11,598,961 compared) .) Paintba lwith $92,642,244, International Petroleum | In Montreal, industrials rose ry ay ag ng A et? - {0.5 to 120.0; utilities 2.0 to 118.3 962) $14'800°000 $102.0 | ibanks 2.8 to 123.2; composit Rio Al | | : é Algom Mines Lid,, 6 mos to 120.0 and papers unchanged onde June 90; 1963, $7,737,000, | 738 cents a share; 1962, $4,799,000; DIVIDENDS 45 cents, (1963 figures include Atlas Steels) Shell Canada iRy THE CANADIAN PRESS Canadian Tire Corp, Ltd, LADIES leommon 17 cents, class. A 17 Co, Ltd,, 6 mos Ne baby sitter, no car fore Mr, Bernard ended June 30; 1908, $5,082,405, 15 cents per class a share; 1962, net loss $1,066,407, (1963 figures include Canadian Oil), Unitel Keno Hill Mines Lid,, 9 mos, ended June 30; 1963, | $868,000, 85 cents a share; 19, $830,000, 34 cents Willroy Mines Lid,, 6 mos.) ended June 80; $1,039,070, 26) cents a share; 1962, $500,665, 13 cents, i SONGWRITER DIES ST, ALBAN'S, N.Y. (AP) -- Dr. Clay A. Boland, 59, a den- tist-songwriter who penned sev- eral hit tunes, died here Wed: nesday in the naval hospital Some of his memorable songs included, Stop Reating Around the Mulberry Bush, The Gypsy in My Soul, An Apple a Day, Midnight on the Trail, I Live the Life I Love and Too Good To Be True, DRUG STORES OPEN THIS SUNDAY 12:00 A.M. to 6:00 P.M, GETS POETRY GRANT THE OSHAWA TIMES, Saturday, July 27,1963 17 will spend a year visiting Cuba, Spain, Mexico, Chile, Argentina, the United States and Britain. VANCOUVE CP) -Prof.|.": 2 ; Yohn A eis 44 th i been given a Canada Council VOOR Ay f \ ® VMlgrant to compile a bilingual versity of British Columbia haslanthology of Spanish poetry, He FIIT FLIES IIS tfouise of Ki tate PILOTCE Elegant Living Room Furniture moderately priced ally in argement that the mar-|transactions slumped (0 4823./cents, Sept. 1, record Aug. 16 the lowest in 1963, Stocks stayed] . ; norrec: LA xaco Canada Ltd, pid, $1, period, How fat the correction'in the doldrums all week withloct. og record Sept. ab Of Leading Toronto Salons Experienced Hair Styiist FOR HOME APPOINTMENTS will go is anybody's guess With the U.S, interest - equal: \zing tax proposal throwing the market for its initial dive last week, there were signs of recov ery as the industrial index climbed 7.41 Monday on week end news that the tax would not apply to new issues of Cana- dian securities As the week wore, however on investors had more time to digest the tax proposal and as successful bidder for $6,806,713) aess the effect it would have on outstanding issues of Cana dian ecurities in U.S, markets,' Thursday, The sale was part of! only a few hikewarm efforts to pull out of the minus sign, Stronger sections included steels oil refineries, papers and utilities, Outstanding stocks included Algoma Steel up $2 on the week to $55.25, Bank of Montreal up $2.00 at $64.50 and Royal Bank up $2.25 at $74.25. 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