Oshawa Times (1958-), 29 Feb 1964, p. 19

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18 THE OSHAWA TIMES, Soturdey, February 29, 1964 CANADIAN BUSINESS Denison Mines Only *Stock Market Spark By IAN MacKENZIE Canadian Press Staff Writer Tt was a grey week on Cana- dian stock markets. Individual issues provided an occasional splash of color, but the overall effect was hardly stimulating. The Canadian scene largely reflected the New York market where brokers are still wonder- ing when the Dow Jones indus- trial average will establish a foothold over the magic mark. The index closed above 800 for the first time Friday at 800.14 One of the standouts on Cana- ¢ markets was Denison Mines Ltd., which spurted a.ecad at mid-week to set a five- year peak of $15.38 before set- tling back on profit taking. Ru- a gain of $1.13 on the day There is speculation that a stock split is being contemplated, but a se- nior company official refused to comment. } Canada Iron Foundries also moved strongly ah) ad--the com- pany manufactures pulp and pa- per making equipment and faces a-good year with the com- expansion of several major per producers. Page-Hersey and Steel Com- pany of Canada both remained extremely active following Stel- co's share-exchange offer to the tube producer the previous week, Chartered banks continued to decline with losses of up to $1 on the week, Laurentide Finan- cial Corporation added to their 'worries over increasing compe- tition by announcing its inten- tion to apply for a charter " perior Oil intends to make an offer for the company, but no terms have been revealed as yet. Triad Oil also traded actively on rumors that British Petro- leum, the parent company, will bid for shares not already held. Volume in Toronto was 18,- 201,067 shares compared with 17,078,333 last week, Value was) $51,643,954 compared with $47,- 106,330. On index in Toronto, the Ex- change index dipped .54 to 130.93, industrials .81 to 139.70, golds .78 to 132.21, base metals, rose 1.57 to 64.20 and western oils 1,09 to 82.17. INCOME TAX| May) SUPERVALUE CRYSTAL CHANDELIERS ut, Hand-Polished Lead Crystal SERVICE mors that the uranium producer enter the banking field, is the target for a takeover bil" Sroducer rinse were sented or is arranging a uranium deal ally quiet although coppers were| with French interests: are in the| up on higher demand for the| Tl SHORT FORMS air, but nothing definite bas! metal. Geco Mines and Camp-| | i «COMPLETED been said. |bell - Chibougamau were both) |st ; | STEEL IN SPOTLIGHT [Stone | 3.00 Dominion Foundries and Steel WAY MAKE OFFER U.A.W.A. HALL held the spotlight Thursday with) Calgary and Edmonton Corp.,| istole the limelight in the west-| fern, oil sector following the eit Knudson Into nouncement that Canadian Su- ss . Third Round Bogota Open BOGOTA (AP) -- George Knudson, seeking his second straight victory, went into the third round of the Bogota Open golf tournament in Columbia fo- day tied with Jay Dolan of Lei- cester, Mass., for first place.| Knudson, from Toronto, won| the Caracas Open Jast week. He} pulled into the deadlock at 139 1179--Gleaming crystal pendants and bobeches on white and gold-coloured metal arms. Five-light style, also available in black and gold-colour fin- * ish. Approx. 19° diam. EATON Super Value, each 10024S--Six-light elegance, trimmed with chains of crysta| beads, bobeches 'and cut crystal pendants. White and gold-tone metal frame; approx. 39 95 19%" diam. EATON Super Value, each . . L) 10018----5-Light Chandelier, trimmed with chains of crystal beads, and cut crystal prisms. Metal frame finished in gold-colour, Diameter 16", EATON Super-Value, each 29.95 keep your eyes'and ears open for a big men's and boys' wear clothing sale coming soon to downtown Oshawa! You'll want to Friday with a second - round 71, one. under par. Dolan fired a 69, "I'm lucky to be right up there at the top after my. poor putting," Knudson Said. "I couldn't sink a long one all day. But my irons were behaving well and that's what kept me going." A three-way tie developed be- hind the co-leaders. Alec Cay- gill of England, Art Wall Jr. of Pocono Manor, Pa., and Jim Ferree of Corona, Calif., each had a 36-hole total of 140. Miguel Sala of Bogota, the first-round leader, dropped to a tie for sixth with Wilf Homen- uik of Winnipeg, each with 141. Homennik added a 70 Friday to Thursday's 71, Other Canadian scores were: Ken Duggan, Agincourt, Ont., 78-73 -- 151; Andre Gagnier, Montreal, 78-76--154; Norman Hunt, Montreal, 78-77 -- 155; - Harry Mcliree, Hamilton, 78-77 155; Andre Bigras, Montreal, 77-79--156; and Murray Tucker, Toronto, 86-80--166, should be there to sa and boys' wear. Coming soon! BEAT it down to this terrific sale and save as never before! It's a selling-out sale and all WIVES ve on the many once-in-o-lifetime savings on men's . Watch for this big sale... IET NON-STOP [I only $199 round trip 7 , R dcific TRAINS/ TRUCKS / SHIPS /PLANES /HOTELS /TELECOMMUNICATIONS / WORLDS MOST COMPLETE TRANSPORTATION SYSTEM EXIGO Jet to your Explore Mexico-its mysterious past, colour- ful present. Just 4% hours by Super DC-8 place in the sun. Mexico City, Acapulco, Puerto Vallarta. 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