Oshawa Times (1958-), 18 May 1966, p. 7

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STOCKS AND FINANCIAL REPORTS STOCK MARKET TORONTO 10:40 AM, STOCKS Terente Work Distributed by CP J | ¢ Quotations in cents unless marked $.| a 0048 rights, lot, sb---Hxdividend, xi) xw---Eawarrants, tet change is from previous woerd-\ct closing sale. iedeldundedl wet | High Low am. Cr'ge, 7 14 bal uw" 17% $'5 " 75 6 $45% 45 v7 194 U4 4 +TA t+ #14 +1 ee ~~ ee 17 m4 +1% 14% 16 j bh "we Yale Lead ve Beer Yuken © Lenmac All Rox Aiminen Am Ladue Anchor Asamere ny 1 1 70 ome 18 06 WA OILS, GAS | BUSINESS SPOTLIGHT id 20h + A) me +4 6 n 1 14 ih a A hd By KEN SMITH 2 Canadian Press Business Editor, | TORONTO (CP) -- A unique Wg 4 3 [testing laboratory may give Ca-| 59 it tae nadian gas appliance manufac- $100 0m ow + 4\turers @ head start in the race 490 Ms us ito win a share of the boom ex- i ee No + M5 «AAS "2 : a 0 1 + \pected to develop shortly in ma 4 sii% at tite» mi fleld in Europe, 709 W Decaita 1200 mee cay Abitibi Alta Gas Alta\ Nat g \Cen us 155 Hopes for the anticipated |boom hinge on the extensive ex- bo +} |ploration prog grams being car- iried out under the North Sea. +1 In addition to recent major dis- . 1 jcoveries off Holland, drilling) 4 +10 |has indicated vast gas fields +" Inear Britain, too, Although the major companies . + Fi ererres in the exploration have jremained cautious in their. an- jnouncements, officials of Brit- Sik 11% Whew mm Ms + 4 4 4 27% % 27% oe F % 216 94 ' 4 bi 7 335 30 a4 . 7 a5 jsuggested privately that the jcountry is probably sitting on the edge of one of the world's largest natural gas fields. These signs prompted one Ca nadian gas man to suggest that| ;\ Europe now is in the same po- sition for natural gas exploita- ue 14 2 J 5 5 w'" 1% 1 Consumers' Gas Co. of Tor- onto already has established a |subsidiary to offer professional jadvice on transportation and distribution of natural gas, but the export potential for gas- burning utilities is winning most attention, A key factor in this could be the work of a testing lab set up a decade ago by the Canadian Gas Association. The lab tests appliances to safety specifications laid down by committees outside the in- dustry and issues seals of ap- proval without which manufac- turers cannot sell in Canada. Incorporating tests for per- formance as well as safety, the lab is credited with saving man- jufacturers hundreds of thou- jain's ministry of power recenttye. ds of dollars by providi g jone-stop test centre instead o | their being required to get p lince-by-province clearance ay ithey did before the lab was ac. \cepted, More important, the lab has saved manufacturers months of | Dalton, . Gas bey ay mi Men Keep se Eve On Overseas appliancg® to be sold only over- seas, If markets can be won, these runs could be 10 times larger than those for the Canadian buyer. European marketing predic- tions are hedged with questions about such factors as delaying tactics by the politically en- trenched coal industry, but with the impetus of the North Sea potential appliance sales are ex- pected to at least double by 1970, One analyst puts a $100,000,- 000-a-year tag on the potential. In Canada the gas appliance market in 1955--when the nat- ural gas industry was. still youngster--was worth about $9, 700,000, Last year, it had more than! tripled to $30,200,000 at the wholesale level. 'That shows the growth po- tential in the field," says W. H. CGA's managing direc- tor who sparked the drive to have the association's lab ac- Qe By ARCH MacKENZIE WASHINGTON (CP) A jstrong U.S. demand for live \c "anadian cattle is expected to} fl continue through this year, says - agriculture department fore- cast, Imports of foreign beef and veal aso should continue briskly but lower European prices may turn Australian and other sup- plies back to the U.S. market, affecting Canada. Higher U.S, pork production later in 1966 may also affect Canada, Poland, Denmark and other sources of top-grade hams and bacons, The estimates are included with figures showing that U.S. imports and exports of meat were down in 1965 compared with 1964, except for pork and lamb. Recent trends show beef and veal imports rising again, although the 1966 totals are not jexpected to call into play the |{mport-quota machinery estab- lished in 1964 under pressure {from the American cattle men's lobby. The United States imported about 560,000 Canadian cattle, mostly for stocking purposes aa for fattening for market, last year. Mexico supplied 535,- THE OSHAWA TIMES, Wednesdey, May 18, 1966 7 ? Strong U.S. Demand Seen For Live Canada Cattle pared with 29,000,000 the pre- vious year. That is the total in recent years | sales remained small at a bare 500,000 pounds, with Australia and New Zealand far ahead. Canadian pork sales of 4, 000,000 pounds, while up for re- cent years, were only 4,000,000 pounds higher than a year ago. DENMARK LED Denmark led with 85,000,000 pounds and Poland and the Netherlands, while also increns- ing sales, did so in the same range as Canada and held third| and fourth spots respectively. The figures also reflect the! , are ye in two-way nature of the bay U.S. meat trade. Canadian im- TORONTO (CP) -- Long-term Canada and provincial bonds were unchanged in moderate trading on the Canadian bond market Tuesday. Changes were slight in quiet short-term Government of Can- ada trading with the Oct. 1, 1967 issue closing at $98.10 bid and | 998.15 asked. Treasury bills were wun- with 91-day bills at PRODUCE TORONTO (CP) to retail carton eggs average weighted prices quoted by the department of agriculture as of | iMay 17: A large 51.6; A me-! dium 50.4; A small 43,3, Eggs: Wholesale price to country stations fibre cases quoted by the Toronto Board of | Trade from wholesale egg deal- 1 --~ Wholesale 5.10 per cent and 181-day bills at 5.28 per cent. Day-to-day money was avail- able at 4% per cent. SAVE $ $ ON AUTO INSURANCE cepted as a testing agent by) 200. European countries. ers: Extra-large 43-44; large 42-| research and development time. 143; medium 39; small 37; B 37; | Now it is winning interna- 45 425 ) $42'4 42 6 sa V4 tion as Canada was in the early If you are an Abstainer you save up te. Huds Bay Hydra Ex int Bibis T 1 Kanviile irish Cop tron Bay '80 Jaye Exp delex Joliet Jonsmith Kam Kotla Kerr Add Lab Min L Dufavit Lakehead Le lus Leiten LL Lae Lorade Louviert Macassa Macaon Madsen Martin Matigm! Me Adam MecKen MeWat Merrill Midrim Min Ore MI Wright Multi-M New Ath New Cal Newconx Neonex w N Hoseo N Kelore Newlund Noriex Norpax NR Northeal North Exp North Can Northgat Opemska Orenan Pamour Paramaq Patino Pax int Peerless Pine Point Preston Probe M Purdex Pyramid Quemont Quonto Radiore Rayrock Rio Algom Rock win Roman Ryanor Salem Sarimeo Sherritt Sigma Silvmaq $i) Stand Siscoe Starratt Steep ® Sullivan Sunburst Teck Corp Texmont Tex-Soi Thom & Torment Tribag Trin Chib U Asbestos U_Buffadn UCL Mine West Mine Wilco Willroy Windtail 1% 1 10 45 740 2000 2500 11500 1000 2000 1000 156 1000 1900 3500 7200 500 4 183 » oS Sh<8r8Ee> Se . Asbestos © All Sugar Aveo Bank Mont Bank NS Bath P Beay . A Beil Phone Bow Valw Braz! Constr oll Forest Pack 6 - fuger Sugr p Phone CAE ind | Calvet Die | Can Com | €CC Stone i+ iit = Bewe oe ++ Can tron Can Malt Cc Brew Cherncell Chrysier Clairtone Compuir Con M 6 Con Paper Con Gas Con GasA Con GasB Coby vt Corby 8 Crain AL Dist! Seag O Bridge D Coal pr Dom Siect Dotasco Bom Stor | Goodyear Domtar Dom Text Du Pont Emp Lite Exquisite Falcon Fam Play Fleet Mig Ford Fraser 119 GMC 1) Globe A 750 250 £00 1000 Cada G Mack A Greb_indr GL. Paper Gi. Power | Gt West L Greyhnd Hard Crpa Hawker §& Horne PY Home A Home 8B Hur Grie Muaky Husky Apr WBC WB ONG Imp Ol! ime Tob Imp Tobe Ind Accep tnd Wire Ing Inland Gas 1BM 23 imc } Int Nickel Int Wil intpr "PL int Stl P Ip St P pr Inv Grp A James Stl Jefferson lett Bw Kelly DA Labatt LOnt Cem Lakelnd w tau Fin Lau F éw LobCo A LebCco pr 0 2 Mh ry yh MEN'S WEAR OSHAWA'S A € Ss $5 35 1 04 WA WA 258193 5 $26 25 9143/4 1434 1454 30 $170 0 $4 Wi 1 0 $16% oO. sag 5 916% Ihe 16 0 $00 500 1 1204 FINE CLOTHIER FREEMAN FORMAL RENTALS » 1950s, c Use of gas as a fuel in Eu- rope has a long history, but most of the continent's experi- ence has been with manufac- » tured gas, The. Canadian indus-| try now is hoping it can use its) * knowledge and experience in | developing natural gas to move in on the multi-billion-dollar po- u tential of the new situation, 20 0 "0 4 "4 4 + $4 é unos " MIA 82'4 8'A~ 225 S17% 17% 17% 112 10 100 100 343 $50'4 S04 S0'" 6 450 928 «27% WA + 925 "e Vas 1 '& Vi " wv 9 9 " | Mat Stores Mont Lote Moore Morse A Nat Heesp Noranda PC Jewel 100 Pow Corp 15 80 225 " "e ry 1M 114 14+ 0 40 MS 94 9% a4 Revenue P 2 87% «=--7% i ~V Ronald Fd M $il4 11% 1 Rothman $261 2614 24 Royal Bnk $734 734 iA Salada $944 9% 9% Shell Can 920% 20% 0% Shell tw 475 675 «675 Shopper Ct 990 «6390 «=(90 Sliverwd A $164 1614 16h Simpsons Simpson 8 tly Brock Steel Can ! '4 $104 10% " + Tone Cra TorOm Bk Tor tron A T Pin A Transair Tr Can Pt Trans Mt Trans PPL, Un Gas Versatd Versatile Walnwr Walk GW Weldwod West indA Weste'st Westee! $54 495 5 0% 604 4 + $24 414 A+ 510% 10% 10% + Ww 5 405 400 400 BS $324 22 4 S17 17 1! Mr 1 WA ia 1% 3% Ke vl] 400 400 $84 1%" 04 165 148 =«(VAS 8314 21% 31% WA "%% 9A 4s 435 $264 MA 6% $21% 21% 218G Westen A $ia% 18 aM Weston 8 225 $214 21% 21% Woedwd A 0 $254 254 2514 Zellers SS 924% 244 24% | Zenith 100 198 195 195 S164 16" $234 2A $224 224 sa W% 92 «(192 10% 0% nm 7A % & ee | $10% 492% 5 "7.97 | 3 9904 9 90 59% 9% 9% 170 «(190 ™ % " 926% 26% 26% Lity Sales to 11 £49,000. FORpieN. MAING am $274 274 27'4 $7 670 316% 16% 16% $40 " 40 4 45450 70 20 «20 le 14% $104 164 16% Sil" lie a+ $124 12% 4+ Falcon | 18 ? " 4an " = sm 1500 1000 1000 200 #0 225 Cowichan | Madsen ® | MultleM | Placer _|France, West Germany, yj a , for 19.7 cents, tional recognition as a test cen- During the last year recipro- ical testing agreements have been signed with six European icountries, meaning the lab can check Canadian - made appll- lances according to specifica- tions laid down by the coun- tries --~ Holland, Belgium, Italy 4 and Switzerland, 1 pn, AN PRODUCTION With guidance from the lab on what design changes might be needed in products aimed at sectors of the European market, some manufacturers already are reported considering setting up special production runs for % Profits Average (4.9 Cents In '64 TORONTO (CP) -- Profit on |manufacturers' sales dollar av- jeraged 4.9 cents in 1965, down half a cent from the 1964 aver- age, the Canadian. Manufactur- ers' Association reported Tues- day The association's breakdown of how manufacturers spend their sales dollars is based on surveys of 909 member compa- nies in all provinces. It also shows they reported total net sales of $13,309,305,000 and employed 477,100 men and women. Of the 4.9-cent profit after . |taxes, companies paid 2.6 cents "\in dividends, retaining 2.3 cents lin the business, Of 1964's 5.4- per-cent average profit, 2.5 cents were paid out in dividends and 2.9 cents retained, The largest single bite taken) |from the sales dollar went for |materials, It totalled 47 cents compared with 45.2 cents in 1964 Wages and salaries accounted down alightly from 19.8 cents in 1964, "But manufacturers are just wasting their time if they try| to crack the European market} without proper preparation. Our! lab can ensure that they go over there with appliances that wil) at least meet technical require- ments, job." DIVIDENDS By THE CANADIAN PRESS Reitman's (Can) Lid., class A EXPECT SAME RATE The same rate of traffic is ex- pected in 1966, Such on-the-hoof imports are minimal compared with U.&. consumption, They vary de- Hagges on demand and supply in the United States. The last "After that it's a marketing| lblg year, aside from 1965, was 617,300 cattle were. Canadian }1058, when, |imported from West. Canadian beef and veal sales the year to 71,500,000 pounds, com- here leaped sharply upward last IC %4, Butter prices: carlots: Buying 40 score 59; | Agricultural \stabilization boerd tenderable $22.00 on your auto insurance, See... buying 59 score 58; selling 59. | How to relieve 4 AC K Pile for. prompt ACHE: relief free t Hy stem! a condi tion ca' poche te goon yest 'Set er, ig JOHN RIEGER 597 KING ST. E., OSHAWA DIAL 728-7567: 12% cents, extra 744 cents; com:| mon 12% cents, extra 7% cents, | Aug. 1, record July 15. Globe Envelopes 8 cents, Aug. 2, record. July 15. Versatile Manufacturing Ltd., 20 cents, June 15, record June 1 Noranda Mines WAd., three months ended March 31: 1966, $10,370,000, 88 cents a share; 1965, $8,470,000, 72 cents. } Viceoy ee Co, | Lid., year ende 31: 1965, | $131,068; 1964, $1 5068. | British Columbia Telephone Co., 1965, $1,968,262, 85 cents. Lid., year) share; Molson Breweries ended March 31: 1965, $9,212,000, | $2.33 a share; 1064, $9, (042,000, $2.29. Union Gas Co. Lid, year) ended March 31:- 1965, $7,700,- 000, $1.32 a share; 1064, $5,616,» 127, $1.13. 5 | Dome Mines Lid, three! months ended March 31: $692,954, 36 cents a share; $715,858, 37 cents, Jefferson Lake Petrochem!- cals of Canada Ltd., three! months ended March 31: 1966, $659,793, 30 cents a share; 1965, $492,306, 24 cents, . Maher Shoes Ontario Ltd,, year ended Jan. 31: 1965, $432,- 539; 1964, $390,236 Northern Telephone Ltd., three months ended March 31: 1946, $265,269, 10 cents a share; 1965, $231,550, 8.5 cents. $504 504 50% $6 15% 16 $1a% 18% 18% 4 $52% 52% 52% Sid\e dle tale as" By » 5% $390 0 WO 969 "" 0 +1 $964 95% A+ A" 826% 260 as 5 490485 ™ VWs $9 4 4) 919% 13% $254 254 $26\% 26% $184 18% 37% 175 Ws 9% 9% a 134 = 254 ~ 264 154 == M4] Im + Ml pott Ww " " FOREMOST A complete firme! service for every occasion . . boys' aize 2 to men's size 54 in the obdle prices . fi Comp Pamphiet contoining styles end procedure availoble by t like your own lementary For request, lotest styles, at reason te wed to mal Wear t FAMOUS HOOVER '2000' * Slim Line * 1% Horse * Full Set of Power Attachments REG. PRICE ..... $69.95 SPECIAL TRADE-IN ....... SALE PRICE S MEN'S WEAR LTD. Established 7 . Open 1924 (OSHAWA) LTD. 54 CHURCH ea 15.00 95 'HA. 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Finest Orange Pekoe Red Rose Tea Bags 79: BEST BUY! Save 27¢! Twin Pack Tissue White or Coloured =} WHITE SWAN BEST BUY! Save 25c! 2c Off Pack Govt. Inspected Chum Dog Food 10199. Vestare! Crush or Royal Crown Save éef a Dott Drinks6-49c FOIL WRAP 3 33 In Cans Case of 24 - $1.93 12 Inch Wide Alcan of Freshie with 16-02, Jar 60 to Pkg. 8 rolls 89c THE SUPREME Y 43: 7% RINDLESS BACON _ |b. 99c WIENERS SKINLESS |b. 53c Holiday Farms - Always Tender BEEF STEAKETTES lb. 65c GARBAGE s *6.98 VALUE GIANT T2 GALLON SIZE METAL LOCKING FRESH CAN with RED, GREY, . * TURQUOISE, Finest Puerto YELLOW PINEAP New Green GOLDEN QUALITY SUNKIST ORANGES dor. QQ, PLES ea. 39c] mn CABBAGE Red Ripe Lascious WATERMELON 1.09 $500.00 WINNERS Mrs. A, Smith, 165 St, Georges Ave. Sanit Ste, Marie L. Laidmen, 195 Aldercrest Ave. Hamilten $100.00 WINNERS Mra. E. Zettler, Walkerton Mrs. R. St. Louis, Ferris PRODUCE Ib.10c Stee Mrs. Margaret Bell, Mount _ Peau D. J, Campbell, Camp Bord Mrs. N, VanTright, Welland Mrs. Mary Cumpitsch, Warren Park --. SPROULE'S Red and White \ Corner Simcoe at Mill WILSON 'FOODMASTER' Red and White Wilson Rd. S. Shopping Plaza Red and White BROWN'S Brooklin, Ont. MAPLE GROVE Red and White Maple Grove, Ont.

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