Oshawa Times (1958-), 26 May 1966, p. 11

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10 THE OSHAWA TIMES, Thursdey, Moy 26, 1966 | Car Production | Directors Made Profits | Bell Stock STOCKS AND FINANCIAL REPORTS S«thedules Cut Trading In CBM Shares Climbs Up cots neerepeeee ara But Not By G.M. TORONTO (CP)--The presi-|trading Commodore _ between, At Toronto STOCK MARKET bad 'at, rights, xw-x-warrants, Met change is from previous boardicl closing sale, MINES Stock Acere Acme Agnica All Pitch AAm tholy Camtio Camp Chib. ¢ Jamiesn C Lencourt Candere Captain Cassiar Cent Pat chip M Chrom Coch Will Con Negus Con Nichol € Rambler C Red Pop Coprcorp 1909 wi 706 m6 us 866 1400 wo 0 2 500 500 075 1800 3 ) 16:40 2 ; Net Sales High Low a.m. Ci'ge 1% 11" A 7: VAs "5 (145 1 CAE ind Can Com can Come Can fron CPR Pr Can Pet Chemcell Clairtone Cominca Computr Col Celt Con . Bldg Con Paper Con Gas coy vi Crain AL Cygnus A Distt Seag D Bridge Dom Elect Greyhna Hard Crpa Wawker §& sti al Tob M5 he eh 125 Ws » a + 1% 827% 7 77% 95 $1i% 11% e+ 1000 the Oe th 1h 1 995 +15 U4 $13 12% 12% 100 426 3 11584 WA Ti M Mh 64 Hat 109 $184 18% 184 = 6 He Ue tat 195 $6 5% A +h 11 9% % h+ 200 $12 «12"=«*W2 245 6170 12% Ne + Ve 200 S11 Nite Vitel AUS 40'e Me + Ve 16 $13 13. 13 =e 00 8% th Hho 1600 10 16 M5 $77'A W' 34 M10 Si5'e 15% 14+ 100 $205 20% Wet Ww 16 $0 » » 10425 415 NH Sti4 1% $170 1%4 Vin 210684 Wath 908 $73 Te tH + Me 565 $22% 77'4 22'4 + Ve 4570 $18 7% Mew % 5 $00 508194 19% 19% 170 97 Al 9 50 $26'4 T's 1% ce) 10 mI 125 $314 Tin NA+ 64s 145 145 +2 1005 #5 495 5 8% 04 8% 177 Wis : A] 1000 38% 84% 8% 1000 $274 27's Wat V; Osis \4 | BUSINESS SPOTLIGHT ident and vice-president and|1961 and last year, Mr. Wolf- | OMPLEY Lemn purnesmrerne ome eo DETROIT (AP)-An auto in- j ) a i A at at | most other directors of gr la said, TORONTO (CP)--Bell Tele- QUITE DuPiEEe their own company, a royal , W D ] | car makers have' cut 100,000 Jack TAME), VOmMmosere; prone mxHEB ee ay vn H | a oe 0 ada) Ltd, made large stock A pig pal ge units from production ached BB sve Age SOCK oresident, and his wife had althe Toronto Stock Exchange Laton 5 re) ev é Oop lor the 'thtce-menth period pies lor esichengall egal trading shares 15) net profit of $364,225 from Com-| Wednesday as it climbed 2% to By JACK MOORE modore trading between 1958) 53% on 24,765 shares. Jing July 31, » € byes, eof commission was told Wednes-| 254 1965 Mr, Wolfman testi: The stock, which reached a Ward's Automotive Reports day, Downtown In Vancouver pris scicion cuits Miarran woman,» cbr hich oh, raed lowing in addition to an estimated 175,-ltered accountant working with|..Commodore Vice - President|4 announcement by the com- 600 units it says were slashed|the royal commission investigat-/Manfred Kapp and his wife Pany Wednesday of an eight. panies will go ahead with the| announced, But few are beyond {fom production schedules two ing last year's $150,000,000 col-| Made $347,176 trading the cent increase in its latest guar- VANCOUVER (CP) -- Every: plan. The city has offered the the idea stage, weeks ago, lapse of Atlantic Acceptance | Shares terly 'dividend and of expected body seems to have a redevel- block for $7,000,000, Cemp has The most spectacular is one The report came as American|Corp,, said one of the biggest) Another director of Commo-|20hual payment of $2.50 in fu- opment scheme for downtown offered $5,000,000, for a $300,000,000 development Motors Corp, announced it was|profits went to J, Aubrey Med-|dore, Carman King, a Toronto Vancouver but only one outfit is doing anything about. it And that group--the T, Katon 'o, and Cemp Investments of Montreal--has found two ma- jor obstacles in the form of @ group of merchants and §2,000,- 000 Eaton's-Cemp has proposed a $75,000,000 skyscraper complex for two separate blocks at the city's main 'intersection of |Georgia and Granville, The 'companies plan a joint' devel- opment, including an Eaton's store and a 44-storey office building, on one. of the blocks, while Cemp alone plans. to build a covered shopping mall, two 31-storey office buildings and a %-storey hotel on the adjacent block Katon's already owns one block, but the other block must be acquired before both com- ture instead of $2.20, "Our offer is not negotiable," at Richards and Cordova, an | suspending assembly operations|land, a Commodore director|stockbroker, made $229,822 In other industrial activity, said Cemp President C, R. area close to the waterfrong and Wednesday because of a lack of who also was president of Cor-\trading in Commodore shares| 19ronto Iron Works A rose 214 Bronfman of Montreal, Five now covered mainly with re- universal joints. porate Investors Lid., a large'hetween November, 1958, and| 10, 47%: General Motors 1% to million dollars is a fair and houses and wholesale oufffts, | Ward's does not break down mutual fund. October jast year, Mr, Wolfman|214 4nd Texaco % to 5714, reasonable price for the block." peTAILS LACKING the reported 100,000-unit cutback} Mr. Mediand made $251,000| testified, ;Moore Corp, fell 1% to 83% L ! i vith Lich nonin eS wwe While Canadian Breweries was MERCHANTS STALL This plan envisages Imes, PY company, ' Also holding. up the huge de- hotels, offices and ibly,. General Motors Corp, said n| Geese to's kk Gare | dropped fo a 1966 low of 6% velopment are the retail mer- apartment biocks, Details are had not changed ite poemion C rt R d t chants who own portions of one sketchy so far, however, and|*ince early May on production) ou eserves u gmen | "Falconbridge ond Noranda } block, They say they will go to Mayor Bill Rathie says no more schedules for the remainder of ae Pand 4 petehepet y: é court to keep their property, will be released until the un-|!!s 1966 model run, -- pBonrsg Caneel 4d s s . Mr, Bronfman said in reply named firm behind it finishes _A Ford Motor Co, spokesman) A tC nst ct F the merchants might be suc- getting options on property, declined to state the firm's pre-| alns 0 ru 10n IFS bous2m91 mag 5 red cents +4 cessful in holding up the pro- Nearby, the Canadian Pa- duction plans beyond this week, | i. 60% ne Point fell 1% ject, but not in blocking it. cific Railway's long - rumored Chrysler Corp, reiterated its) TORONTO (CP)--Mr, Justice; the division of territory was the Banks advanced, N City council is split on the waterfront development {s still statement of plans to close as-\A, R, Jessup has reserved judg-/cost involved in moving meniwas yp 1 to 69, M ova Scotia issue, though if the city's ne-in the embryo stage, as is a sembly plants at Newark, Del.,/ment against 11 construction|and machinery Jong distances to) Royal Py on i eign and gotiating team {s successful in plan to put a complex of build-|@nd Los Angeles for four days) companies charged with con-ja small job that might he com- Poronia tient af % and 1, getting the extra $2,000,000 or ings over the railway tracks next week, 'spiracy to lessen competition! pleted in a day. laperielbenae h 10 1% and a substantial part of it, the de- Further uptown, near the Ward's estimates car output) amongst themselves, Defence lawyers contended. On inde yore 4 to 64%. velopment seems assured of ap- Katon's-Cemp area, there is a this month at 800,000 units, sec-) The charges arose out of con-|that the bids in no way affected! 49 to 'Ot 7 sip were up proval, planned B.C, government sky-/0"4 only to the record 837,166 | tracts awarded in Ontario be-|the costs of meterials as Crown! hase m ir ie nA Mo 1.08, There is agreement thatiseraner of some 55 ¢ovies and| built in May 1965 tween 1959 and 1961, The Crown! Attorney Sydney Robbins con TSK 44 to 182 og $8.29 and the something in the nature of the a 10- to 20-storey addition, at concluded its case Tuesday tended W viral off * Sait ve oe Eaton's - Cemp development a cost of More than $20,000,000 EXPORTS INCREASE Officers of the firms testified' The 11 companies os was 2.787.000 pete i bin must take place or the down- And, in a futuristic plan for Canada's exports reached an under the protection of the Can-| Beamish Construction Lid., Cor-) with 2 436,000 Tuesday ocade town core will stagnate, but few a large downtown area includ- estimated $773,,00,000 in April,|ada Wvidence Act that they di-\nell Construction Lid., McFar : pestieeatesemesaeiiiie Cun me 8 ng Accep 90 $104 DIVIDENDS people agree on how to do it ing the Eaton's-Cemp area, a an increase of 16.4 per cent over vided territories where road jand Construction Ltd, Miller'ing Ltd, W. A Ryder Paving ee" a4 . wire 100 305° 990 925 By THE CANADIAN PRESS or how much to pay for it firm of city architects has pro- April of Jast year when ship-|paving contracts were granted,|Paving Lid., Municipal Spray-|Lid., W. 8, Fullerton Construe on 4 ; . ; bed We ae +4 q 4 7 . ' Spre ; 5, - pp 1s 8 ee Svante b 00 $7 3 Saleway Stores Ine,, common Several other downtown build- posed a series of underground' ments were worth $664,700,000,' agreeing who would tender the|ing and Olling IAd., Riverside|tion Lid. and Woolatt Construe- catiand, an a tn 1 sno 8 95 cents, June 30, record June ing proposals have sprung up>shopping malls, tunnels andithe Dominion Bureau of Stati-\lowest bid Construction Co, LAd,, Bray Con-| tion Co. Lid.-pleaded not guilty Cstland 50) 7 int Nickel 9 995% 9 7 A Ana : ¢ , ; ms ; mn) crewpat 000 Intor it oe 4 ' since the Katon's-Cemp one was parking ties said Wednesday in Ottawa,| One of the reasons given for' struction Co,-Ltd., Bruell Pay-lto the charge. Baoring 4 1 A rm ) ? P. Electra Investments (Can,) aint j o the cha aes fexnen ; eee de f "ents, June 7, record Dicknsn 50 4l5 5 ip St! P opr ; Lid,, 4 cents, ' Beme j Inv Group 4 : P June 1 ae nN i ew 2 Be" Chemeell (1963) Ltd. $1.75 tae 18 bf '8 145 | y 00495 «48S 485 0 preferred 43% cents; $1.00 pre- par 75) 400 430 430 tet ferred 25 cents; common 10 ninesour won fh "| Locem w 06 10 «120 «190:«+ 8 |cents, June 30, record June 15, Giant vk t828 hits tite pee oe Oe Bell Telephone Co, of Can, wae M io. 8 2 tev F100 6 627% 27% 27% + % TAd., 63 cents, July 15, record Hast 4 i Lav Felw 100170 170 170 +10 June 15 Heaewey ca Levy 225 $17 17% 17% : Products © wey 6 OM Lobco A ate sieve ieve. 106 Ontario Steel Products Co, Helln i Py Gy LobCo B 2375 $10! 10% 104+ % TAd,, common 20 cents; pre 910 $224 2% 22% 2 : ; 47 $774 Te Tia Ve propdten y pag thd Oe en ferred $1.75 Aug, 15, record July ] 15 400 20 HOM MB PR 65 $25% 25% 25% y int BibisT 1060 72 72 72 =9] a i'Kenville 3000 17 17 17 ve Magna 6) " Standard Radio Lid,, 9 cents, [in Oey ee e+ 8 Maer " 1996 $3444 6 6m + 4 July 8, record June 17 Jaye @xp 6500 47 4b 47 1V8 Mat Stores ms M4 fou " Canada Iron Foundries Lid., bes 4$324 3 i elie 1000 Aad gy ave Aontex 206 Ht common 25 cents, July 4, record Kam Kotle 1000 40 4 Montex w ' i June 3; preferred 1956 series Kerr Add 300 $11 ! Mont: Loco $1.06%4, July 18, record June 17, K Anacon 16) 380 Moore 325 $834 83% B34 + 4 ay ' Leb Min 20 $28 8 | Murphy 20 sie % ' Ash Temple Ltd., common 25 L Dufauit. 210 $11% Hf | may Pr yg gh Bed asa 4 cents; class A preferred $1 50; eran 2 in 51% 5200 0 ' ye ig 4 2 Nor Ci @ 200 27% 27% 27%-- class B preferred 16% cents, Calin AM | ae see i "bn ae ae aly 4, record June 17, M n o \ --- Lowy} an ~ adi Oslivie 200 813% 19% 13% Preston Mines Lid,, 14 cents, macdon 0 | Became 100 $74 7% T=) June 27, record June 6, Matlomt ise 813% 13% 13% We) pac Pete 140 $124 12% 12% " Gl Co, Ua ms 10 We ams | pee. cere 100 919% 198% 19% + % Dominion lass , AA,, Merrill #00 110 110. 110 = 1) pow Corp . 305812 12% 12% common 15 cents; preferred) Metal Min 100 180 180 150 | 9 | Midrim 2600 4) WY tI] BHM vas Si ee late 17% cents, July 15, record June} ~ ern = 2 Ba Fy) Renk Ora& 5 4 27 vith 500 oe 2) 648 Relonhid 4 J J '9 Nat Expl 2000-13 3 Revelstk + Ban Upper Canada Mines Ltd., 3) New Bid 1900 nit nt 5 =| Royal Bnk 15 154+ % cents, June 30, record June 14,| eweonx 1s +20 | St Maurice 1 D 1 Acceptance Corp.) Neonex w 6400 310 +18 | Shell Can B10 $20% 20% 20% Industrial A y fer | N Harri 4500 12 Shell | pr 28 $26 26% 264 + | Lid., 4% + per - cent preferred) * Hesce oo * aa +! Sheil ay 475. 475 $1,124; common 30 cents, June lew Jason - Shopper 2 4 400 400 fs N Myla 61600 34 99 3314+ 1 | Simpsons © FF teh sa ne $0, record June 10. Newnor 3000 10% 10% WA+ 4! Simpson 1h S164 164 164 _-- ' N Senator 6000 39 37 W +2) SKD 196 $7% 7 Va Ve New Taku $00 45 45 45 Slater $24 12% 12% IHC Plans For Nisto 500 21% 21% 21% Siater Aw 100 700. 700 700 Norgold 1000 13% 13% 13% 200 $124 12% 1244 % Nori 9000 ! y 73 "a 4 MH tom oe bent con, as ow am 44) Big Expansion ' N Rank 3000. % '| Tancord 125 $ 8 Nertn Exp 1300 97 | Texaco 7 7 & HAMILTON (CP) - Interna- lorthgat 1000 $85 TorOm 8k ° 95 641% 61M 4IM 4% "<a a . . f - O'Brien 3400. 180 Tor 955 $44 474 Mat % tional. Harvester of Canada, rere 300 985 T A 10% 1) +4 \ farm implement maker will rehan 450 340 y 25 24\a 24 at a tion § é Onisko 1000 39 4 . a0 ? start construetion soon on a $5 1400 1! "a 17 v 000,000 expansion to its plant, 2400.34 4 ~ 4 ' ¥ . y anne osident, said ' Pine Point ee ! 200 a C, { Brannan, presiden Placer 2 25 u $2404 2 | Wearesaay sai ari gi 12% 12 + 4 Ma 34M The project will start immed robe DO) iJ 9 L $ ! 30 ¥ 1 7 Pyramid 3 ? ' tora vs Versi \ } ately and is scheduled for com-| : . | Que Chib 6 ble Versatile 5 $10% | pletion in September, 1967 | Q Matton! 4000 % 16 Vic GTr 1 ' Ma | \ , +95 Quemont 110 $10% 10% a| Vulea' 6% 3 Radiore 400 6 82 63 +2 Wainwr 180-180 fe Rayrock 40 15) 180 150 2 $308 om + THE PUBLIC ACCOUNTANTS Rio Algom 352 $234 22% 2944+ % \ 00 400 is Rockwin 1000 6 oO Vourne 140 > 10 12 § COUNCIL | Roman 1700 970 940 960 +30 indA 100 435 435 435 Ryanor 0 22 22% * ste'st 20 § 2 2 as Eide. er ere [Were the first in the world with CleenSteel* 400 «400 Rae Salew to 11 a.m; 804,000. FOREIGN TRADING Agnico 300 170 170 (170 oie ms 2 =~ Dosco is now shipping high-quality, centrifugal force. The CleenSteel available finish for galvanized Siscoe §00 330 | 3 NET EARNINGS é y : carbon steel sheet and coils, surface is absolutely uniform from produets, By THE CANADIAN PRESS i : abrasive cleaned in the first end to end, from edge to edge, Dosco CleenSteel is just one Py Dominion Glass Co, Lid,, six @ Z Z j uttad 2 or ie mths ended March 3 if, per j i i pe i yor i i iti ct tine" 1 4a Oe See a . installation of its type in the world, from coil to coil -- and it's perfectly of the many exciting new 4 4 $535,530, 21 cents " ~ ' ' ce e Mn d+ aN. Ge Bright and Co, Lid, At our Contrecoeur mill, near clean! We believe CleenSteel is developments to come from our West Mine Wiles year ended March $1: 1965, Feria He Miia faa # tars Me Montreal, we're producing to good) It could replace a cold- | Contrecoeur mill, Lock for more Yukon ¢ woo 146 «145 (45 ,) : oe ' 3 Coniagas Mines Ltd, y De, C , : inati tame" oie MHA Se | ane: Mnee Seater! 6.6, YOUNKIE, ROA 'leenSteel hy an automatic rolled finish for many applications. and more products, unsurpassed in OILS, GAS loss; 1964, $187,132 The Public Accountants Couns SS Datreli aad Canada: Tuunal di tr ihe Pravines of Ontario descaling process unique in the. Painting Dosco CleenSteel is a quality and reliability, from Dosco, pou a 1% 2% «1 | Corp., six months ended April ynnounces the election of the fol- : ano 415 400 ais 30; 1966, $496,875, 68 cents a jlowing officers and members: | primary steel industry. breeze, That's because CleenSteel * Trade mark epplied for 100 270 270 979 share; 1965, $398,209, 55 cents. President, Mr. J. C, Younkie, | Tau & Frontier Acceptance Corp, .C.A,, Toronto, Vice-President, 280 $194 | Ltd., year ended March 1: (Mr. E. D. Lafferty, F.C.A., Ob | What's so special about Dosco has an abrasive etched surface a 04 | '8/1965, $198,925; 1964, $109,592. tawa, Secretary, Mr,C. 8, Massey, | 7400 3h ws te | A.P.A., Ancaster, Treasurer, Mr. CleenStee!? Instead of removing that provides a tight, long-lasting ot i BOND MARKET bresitentt ai: Stords : ALE at Helium MS 255 25 resident, Mr, G, A, MacDougall, } ; ; ; Int Helium 900 Bb 2 i apigg yee gE phe apt ead mill scale by the conventional bond, highly suitable for faster- A. c= N Cont > ig on ; pe N Davies Mood " \ TORONTO. (CP) Long-term » Mr, W. L. MaeDonald, N Americon 2000 177 . Canada and provincial bonds a id.nick - 'i : . Numec ary were down \% in moderate trad: \io-. SR. Brunton, F.CA acid pie kling process, we barrage drying, modern surface coatings Piece @ tae a ing on the Canadian bond mat> 3) aj yy D Weaccearian, é Preive tt os ket. Wednesday, Ui. decor. J. W. Glandinn our steel with a specially-developed such as the new epoxys, vinyls H - ¢ Ranner 260 ne Ranger RI ' Government of Canada 4% ning, F.C.A., Toronto, D, L = 3 . Scurry Rn \4?8- 828 megs np P a : : : ; : per-cent issue maturing in 1983 Gordon. F.C.A., Toronto, T. A.M } , "ace aly.an . | 8 1 { ' aprasiv Sing "co Senn us il leased at OM ont FG Cbd. a FCA Tea WG asive, using accurately-controlled and acrylics, It is also the finest woone . a 1 : Changes were slight in quiet Leonard, F.C.A,, Kingston, L, W Decalte no short-term Government of Can. Moorhouse, F St. Cathar ada trading with the Oct, 1, ines, W ley, A.P.A., 1947 issue closing at 98.20 bid Scarboro . P. Wright and 985 asked PCAs aml 3 DOSCO STEEL LIMITED Treasuty bills were All persons who practise.as un @YONEY «© HAUFAX « SAINT JOHN ¢@ QUEBEC CITY: 0 MONTREAL « CONTRECOEUR changed with 91-day bills at 5.10 public accountants in Ontario per cent and 18%-dav bills at must be licensed under The Public TORONTO ¢- LONDON «© WINDSOR «© NORTH BAY © WINNIPEG «© EDMONTON > 5.27 per cent, Day-to-day money Accotntar Act and must ob was available at 5% per cent, serve e Code of Professional aid down by Council, Any BELL DIVIDEND UP information regarding these mat- Rell Telephone Co. of Canada Mi ' PevAlies OF Bon. a announced Wednesday in Mont FE ger : real aneight-cent increase to Bowes 18 410 . 62 cents in its quarterly divi ig See free me '» dend. The firm said it expects * future payments would produce oe | an annual d lend rate of $2.5 2 4 8. 3 | Per share, up from the annual we 8 v ba jrate of $2.20, V » of the Act and regu- lations may be-obtained from Mr. C, Doughty, Registrar, The Publie for the

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