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18. THE OSHAWA TIMES, Friday, August 30, 1963 ___| Market Prices Foreigh Capital Gains In Canada OTTAWA (CP) -- Canada emption from the U.S. tax for balance, some $212,-|sales of outstanding stock and foreign capital ffOM)honq issues to American resi- dents, Last year these totalled second quarter of the year,/¢; 136 100,000, and in the first mainly as the result of heavy|halr of th's year were $241,800, gained, » 600,000 trade in securities during the new borrowings in the United States by corporations and pro- vincial governments. This type of new borrowing is expected to be exempt from the proposed new U.S. government tax on ---- purchases of foreign securities. song in the second quarter, April-June, some $115,800,000 in outstanding issues of Canadian securities were sold to U.S. resi- dents--a kind of sale that will be directly affected by the new tax announced July 18. The figures on capital move- ments in and out of Canada up to the end of June, published Thursday by the bureau of sta- . tistics, indicate how Canada could be affected by the U.S. tax which is designed to con- serve American foreign ex- change reserves. The DBS report said the $212,-| 000,000 net capital inflow from securities transactions was larger than normal, though smaller than the very high level of $329,000,000 during the first quarter of the year. SELL NEW ISSUES Sales of new issues of Cana-| dian bonds and stocks to for- eign investors brought in $390,- 000,000 during the second quar- ter, including an unusually large $265,000,000 from new cor- porate bond borrowing. , | This capital isflow was partly offset by heavy retirements of foreign-held Canadian securities totallitig $177,000,000, including major amounts to pay off stock- holders of utility companies taken over by the Quebec Hy- dro Electric Commission. International trade in out- standing Canadian stock and bond issues produced a net capi- tal outflow of $13,000,000, as re- purchases of foreign-held Cana- dian securities totalling $233,- 000,000 more than offset sales totalling $220,000,000 -- includ- ing $115,800,000 sold to U.S. resi- dents. Last year a total $710,000,000 was received from sales of new bond and stock issues to foreign investors--mostly in the United States -- and these receipts jumped to $802,000,000 in the first half of this year. However, the Canadian gov-| ernment has failed to obtain ex- Cattle Prices Open Active, Ease At Close TORONTO (CP)--The depart-| ment of agriculture livestock re- port Thursday for the week end- ing Aug. 31 revealed slaughter cattle prices active at the week's open and easier at the close. | Veal calf prices moved higher and hogs lowered on the top with the bulk generally un- changed, Lamb also lowered. Cattle receipts were some 200 head less than last week and about 400 more than the same week in 1962. Western cattle supplies were down some 300 at 6.33 head. Western stock calves received -- 52 cattle and 108 calves from Quebec--were up from the 67 head supplied last week. There were no shipments to} Fastern Canadian slaughterers| nor exports off the market to) the United States. Slaughter cattle 8,600: Choice steers 26.50-27.50, fancy feedlot steers 27.50-28.50, some fancy) steers to 28.90; good 25-26; me- dium 23-24.50; common 18-22; good heifers 23-24.50; choice 25- 26, some sales to 27.25; medium 20-22, common 16-20; choice fed yearlings 25-27, good 23-25; good) cows 17.50-18.50; sales to 19, me-| dium 16-17, canners and cutters 12-15.50; - good heavy. bologna) bulls 19-20, common and me-| dium 15-18.50. Replacement cattle: Good light stockers 25-27, sales to 27.50, common and medium 20-) 24, one load of good native stock calves at 29.00. Calves 1,975: Choice vealers) 31°83, sales to 34; good 28.50-| 30.00, medium 24-28, common 20-23, boners 14-19. Hogs 7,200: Grade A_ 27.75- 29.80; heavy sows 19.60-20.15; | light sows gained a $2.00 pre-| mium; stags 15.50 on a dressed weight basis. : i Sheep and lambs 1,800: Good) handyweight lambs range from) $17 to $22 per hundredweight; | bucks discounted at $1.00 per! hundredweight; sheep 3-10. . NET EARNINGS By THE CANADIAN PRESS Canada Wire and Cable Co. Itd., 6 mos. ended June 30: 1963, $502,000; 1962, $612,000. Lake Ontario Portland Ce- ment Co. Ltd., 6" mos. ended | July 31: 1963, $462,191; 1962, $201,376: Riverside Yarns Ltd., 6 mv. | ended June 30: 1963, $4,740; 1962, $39,694. HAD FLYING START | SAINT JOHN, N.B. (CP)'-- The first sybt ever played on the Riverside golf course here, site of the recent Canadian} amateur golf championship, was a hole-in-one,-H. H. Han- | sard, invited to, make the first | shot at the opening of the then four-hole course in 1897, drove a beautiful-tee shot to make'! the ace before a crowd of ; amazed spectators. | Slightly Up TORONTO (CP) -- Prices on the market remained slightly up Thursday but trading still was in the doldrums. Among industrial gainers Dis- tillers-Seagram rose 5g, Canada Steamship Lines and Consoli- dated Paper % each and Al- berta Gas \%. On the minus side, Moore Corp. fell one point to 4914, Al- uminium % and Abitibi, Al- goma and Canadian collieries|rose 2? cents to $1.90 in a sud- Y, each. ~ |den spate of trading, Canadian . Bank issues continued to move| Mogul 22 cents to $1.22 and New ~ DIVIDENDS cengs, Oct. 15, record Sept. 27. Fraser Companies Ltd., com- on 30 cents, Oct. 28, record sideways although most showed|Senator two cents to 24 cents. slight gains for the day. Tor-|Dome dipped 1% to $32. onto-Dominion was ahead %| Qn the foreign market, Fal- and Nova Scotia %4 at close of/conbridge rose % to 54% and trading. / Massey Ferguson % to 14%. B.C. power again traded pen: Kerr-Addison dipped 10 cents to ily, but closed unchanged at 25.|}$6.30 and Dickenson 10 cents to Royalite remained at 14%. $6.35. Falconbridge advanced a) on index, industrials gained point to 54% and Noranda and) 5; 14 617.58, base metals 1.54 to Denison % among senior base metals. save Dufault was up 15|206.70, golds fell .72 to 93.94 and western oils 43 to 115.03. Vol- cents to $8.15. In speculative mines Leitchiume for the day, was 2,368,000 By THE CANADIAN PRESS Algonquin Building Credits Lte., common 10 cents, Sept. 20, record Sept. 9; pref. 32% cents, Sept. 14, record Sept. 4. The Bell Telephone Co., Ltd., common 55 cents, Oct, 15, rec- ord Sept. 12. Dominion Glass Co., Lid., common 15 cents; pref. 17% shares compared with 2,180,000 for Wednesday. Sepv 30. Industrial Acceptance Corp., Ltd., common 25 cents, $4.50 pref. $1.12%, $2.25 pref, 56% et all Sept, 30, record Sept. Maple Leaf Mills Ltd., com- mon 12% cents; pref. $1.37%4, Oct. 1, record Sept, 16. National Containers Ltd., com- mon 10 cents, Oct. 1, record Sept. 14; common 10 cents, Jan. 2, 1964, record Dec, 14. Nova Scotia Light and Power ee a treet cement Ny gt SORT 6 . . ened. Sate cuba Diet a Mlle ieee aia aad % Co. Ltd., common 25 conts, Oct. '1, record Sept. 4. The Ontario Loan and Deben- ture Co., common 25 cents, Oct. 1, record Sort. a, VISITS U.S. VANCOUVER (CP) Dr. -- Holubitsky of the Uni. verSity of British Columbia schoo] of medicine has won a $1,000 travelling fellowship. He will visit United States univer- sities to study gastro-intestinal diseases, By THE CANADIAN PRESS Calgary--Dr. J. 0. G, (Pete) Sanderson, 65,-of Calgary, a for- mer Medicine Hat cowboy who decided to study geology and rose to the top of that profes- sion. Toronto--Frank (Goldie) Eng- holm, 76, principal promoter and chief engineer of the De- -- tunnel in the early Ss. ; : : 3 Ma : ' ' Ready-to- ATON'S Paint Colonial-Style Furniture Finished in natural, acorn, red maple, Scandinavian (light walnut) or Salem (dark walnut) AT NO EXTRA CHARGE! Substantially-built hardwood units offered at low sale prices. Paint or stain them, or we'll do it for you--but please allow us up to four weeks for delivery. Sizes are approximate. EATON Semi-Annual Sale: each A. 11-DRAWER VANITY DESK -- Tvwa,9-drawer chests (each about 28 x 16 x 32" high) flank a vanity drawer (about 28 x 16 x 6" deep) to create a delightful unit (about 84' long over- all), 3 Pes. (2 chests, drawer). (not illustrated) 79.95 . DOUBLE DRESSER -- 8 drawers, 95 45 x 16 x 32" high (not ilfustrated) f) . FRAMED SHEET GLASS MIRROR -- 9 95 26 x 26", (not illustrated) . FRAMED SHEET GLASS MIRROR -- 26 x 40" . TRIPLE DRESSER --- 12 drawers, .. 53 x 16 x 32" high EATON'S LOWER LEVEL, DEPT. 370 Tn vss teeap a aten NA F, 6-DRAWER CHEST -- 28 x 16 x 42" high G.- NIGHT TABLE -- | drawer, Tox 1A eo HON oases ok H. PANEL BED -- 39, 48 and 54" widths .. Not Illustrated: ' J. COMMODE TABLE -- 3 drawers, 15x 14 x 26" high. K. DOUBLE-PEDESTAL DESK -- 9 drawers, 48 x 21 x 30" high .. L. 5-DRAWER CHEST -- 28 x 16 x 32" high M. SINGLE DRESSER BASE -- 4 drawers, 34 x 16 x 32" high ., PHONE 725-7373 MMMM He Moves, He Smiles, He Bends, He Walks... He's A Life-Size Jack-in-the-Box The Mechanical Man from France will ap- pear on EATON'S Upper Level, in the Dress Dept. His name is Rene Costaz and he's a human robot. See him tonight at 5,7 and 8 p.m. Saturday, Aug. 31st at 11 and 12.a.m, 2, 3,4 dnd 5 p.m. NY eSNG Store Hours: 19.95 tropical fish design to EATON Semi-Annual 3": x a" EATON Semi-Annual MM Single bow! with ledge back. ..... pe N'S Semi -Annua ale of Home Furnishings! Pagina TECO Room Heaters This 1963 model combines stylish, mo-. dern design with eff ience. Front panel lifts off for cleaning. Other features include: Fuel inlet clean- out -- Circulator cabinet -- Heating ca- pacity three to four rooms -- 35,000 B. T. U.'s -- Complete with 3 - gallon tank. Attractive colour of frontier beige F with off-white grille. 24" x 36" x 27" deep. Model 838. EATON Semi-annual Sale, each 54.99 EATON'S LOWER LEVEL, DEPT, 556 PHONE 725-7373 Deluxe Glass Shower Enclosures--with extruded aluminum frame, fit standard 5' recessed tubs, Sale, each Stainless Steel Sinks In Two Styles | Resistant to rust and corrosion, won't chip or crack, They stay bright with a minimum of care. Both styles are 7/2" deep self-rimmed and complete with chrome-plated strainer. EATON Semi-Annual Sale, ee eevee Sale, 20" x 202" EATON Semi-A it deck faucet to fit either sink, each .. Sole, Ch 10.35 1 4,95 eet ae 3-Piece Coloured' Bathroom Sets! Choose from Suntan, Pink, Blue or Jade! Recess-style Tub--Approx, 5' long, with chromium-plated filler and trip lever drain fitting, Vitreous china basin with onti-splash rim (approx. 16" x 19%"), centre faucet. Close-coupled toilet of vitreous china with composition moulded seot. EATON Semi-Annual Sale, Set Also available in white ........ With tub and shower fittings .. pees Double Duty Self-Priming J cottage or farm. Fully pactly mounted on stee'! vocveveeeen 10860 For deep or shallow wells--a good choice for : 12-gallon tank, pump and Y3-h.p. motor com- pressure gauge. Automatic air"volume control and foot valve. EATON Semi- Annual Sale, Complete ...... pegnateameceat dhstteset) Oil pa | iciency and conven- Overall size approx. 122.25 103,50 et Pump automatic, consists of ° | base. Complete with Automatic : Water Softener This 'Fiberglas' carries a ten-year war- ranty @ 25,000 pacity @ Set for regen- eration --- automatically | returns to operating. po- sition @ Installation can be arranged. DSAR25. ee EATON'S LOWER LEVEL, DEPT. 456 | show softener 30" grain ca- able dish, 'and Model SALE, each .. | Shower Cabinets | Ready to install! Metal white baked enamelled finish enamelled base and cen- tre drain. Complete with chromium-plated adjust- er cabinets, approx. x 30" x 75" high, with _ porcelain- shower head, ~ soap shower curtain rod pins. 45.25 PHON' - Water Heaters = lined, heavy-gauge steel & tank: "Fiberglas" insula- § tion. Dual immersion el- 4 ements in 750 of =| watt sizes. EATON Semi- 4} Annual Sale Prices: | Model TSDE52 4 43 Imp. Gol Automatic Electric Durably, built glass- 000 each oF 88 ak, Model TSDE40 33 Imp. Gal. 79.88 . each E 725-7373 Beg i