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Thursdey, November 28,1963 7 THE OSHAWA TIMES, Markets Level Off After | Tuesday's Rise. TORONTO (CP)--A levelling: off process came into effect on Toronto and New York stock markets Wednesday fol- lowing 'Tuesday's unexpected rise. The Toronto industrial index dipped .05 at close of trading while the New York market slipped 2.52. Trading was ac- tive. Prices started to slip at the opening of trading in Toronto but regained some of the lost ground during the day. Several speculative issues which had suffered in last Friday's panic showed healthy advances. On the industrial board, banks were down on the day, Nova Scotia and Toronto-Dominion off % each, Montreal % and Royal and Imperial Bank of Com-' merce %4 each. Walker Gooderham and Inter- | Provincial Pipe Line both fell| %, Aluminum % and Trans-| Canada Pipe Line, %. | Among gainers, Chrysler rose} one point to 9144, Du Pont, %.| Dominion Foundries and Steel and Dominion Steel and Coal % each Hayes Steel was ahead 1% to 19. The company has _ been awarded a test order for rear) axles worth about $100,000 by| Volvo Automobile factories in} Sweden. i Abitibi closed at 12% after] rising to 12% on 4,369 shares. | The stock has split three-for-one| and was trading ex-dividend 14| cents International Nickel continued | to forge ahead, up 1% to 675§.| Among other senior base met- als. Labrador Mining declined 14, Opemiska was off 10 cents | to $7.40 among juniors Union Oils rose % in senior western oils. Canada Southern Petroleum jumped 40 cents to $4.35 .in juniors. The foreign market had a dull day with 25 issues trading. On index, the exchange index dipped .10 to 123.14, industrials 13 to 131.50, golds .69 to 124.18, base metals .05 western oils were ahead .62 to' 79.86.. Volume for the day was 3.064,000 shares compared with 3,316,000 Tuesday. Probe Confession Of Cuba-Jailed Canada Pilot OTTAWA (CP) -- The exter- nal affairs department has ex- amined whether a Canadian flyer convicted by a Cuban court might have confessed un-| der duress or a promise of cle-' mency. But External Affairs Minister / Martin, replying to NDP Leader Douglas Wednesday in the Com- mons, declined to say more than that pending the outcome of an appeal. Ronald Lippert of Kitchener was sentenced Saturday to 30 years in a Cuban prison on charges of smuggling explosives into the country. He told the court he was -working for the! Central Intelligence Agency of the United States. Mr. Martin added that at no time-has it been suggested or charged tat the explosives in- volved were of Canadian origin There was. no evidence they had been flown into Cuba from Can- ada, He said two men had come to see him exporting food par- cels to Cuba but they were told by letter last Sept. 11 the de- partment did not feel their plan was feasible. The letter said U.S. regulia- tions for Cuban refugee spend- ing on food parcels would rule the project out. In Toronto, Lawrence Rubin one of the men interested in ex- porting food tc iba, said no Canadian canned is were in- volved in the @®eged smugg'- ing by Lippert Mr. Rubin said he and Wil- liam Garfat of Aurora, north of Toronto, flew to Cuba twice with ipert to investigate the idea of exporting foed packages to Cuba. Mr. Garfat owned the air- craft. Mr. Rubin said that on the second flight in August there| were some canned foods in the plane and Cuban officials) asked Lippert where they came from and Lippert oro- duced a receipt from a super market in Coral Gables, Fla near his home Robarts Denies Sales Tax Extension OTTAWA (CP) -- Premier Robarts of Ontario said Wed-| nesday night he has no know- ledge of any consideration by his govermment. to extending the) three-per-cent sales tax to serv- ices such as car, home and ap-} pliance repairs "T've never even heard of it ~much less. considered it,"' he told reporters. Howe vwer,, he added that the provincial bud get would come up in due course Mr. Robarts had been asked) about a Toronto report that the to 58.01 andi provincial treasurer's depart- ment was considering the move} as a way of meeting the prov- ince's need for more .money.) 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