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+L AG CGO, THE OSHAWA TIMES, Mondey, July 25, 1966 17 sR OBE ae OS AS Se aR Ge 1 SSO ae a PoP ee ea Ee i MARKET TODAY TORONTO 10:4 AM. STOCKS FIRST HALF OF 1966 Big Boom In U.S. Business ttt 4+ 1414 "ge am moe-- t +! +\)-+ s-- --~ 0 8 66h Ws S12 11% lew 2 so Pi l+i4++4i1 sueesessu~ Thii+ Se + 350 997% 97% 20 $1824 182'4 182'4 + $10% 10% 10% 100 Wise % a ¥ 175 10 S64 tnt UNL pr 5 $30 intpr Pipe 76% intpr Steel 800 87% Si" 11% Wet ve 1% om Ve $7 7% 20 $20% We 30% 455 455 (455 tt ee) eee | "i 4 40 "4 nm 4 510% 16% 18% 510% 10Ve 10% S10% 104 Wi 926% 262 16 95 5 M5 Maritime se: eee Mass-Fer 4% 4% UM + Mod 916% lb a Vay jof an increase was outside gov-|sonal income suggested that the! 1965, economy grew more rapidly iniper cent Molson A Molson B $164 18% 184 Mon Food 56% 6% 6% Montex pr $1% 13% 13% Montex w 00-295 «295 WS om § Mont Loco "4a 16a 164 mw Moore Yi 7 Murphy Norende Nor Cl @ Vv we Ont Steel Ont Store Oshawa A Pac Pete 3 1% Peel Elder 300 16 Pow Cort $204 20% a > VA 871% 70% 70% -- % $10% 10% 10% 75 375 5 521% 2144 21% + ve 705 705 705 10 225 925 225 25 75 $71 a 3 Slater $f 813% 13% 13% St Paving 811% W% 1% Steel Can 922%) 22%4 22% Stuart Hse 2 475 (AS 475 Thom N P Tone Craft Tor Iron W Towers Traders A Tr Can Af 35 5 $3\% 31% 31% 2 2 $10%4 10% 10% TrCanP 905 900 900 ms Trens Mt $16" 16% 16 Trans PPL 9% 9% % UnAce 2p 300 300 30 --§ Un Carbid $25. 25 25 Un Gas U Corp A Versatd Versatile $25% 25% 25% 440 440 «(440 500 $224 22% 224 Vie G Tr $154 184 15% Walk GW 920% 26V2 "a = Weldwod, S99 West ind A 3 435 430 os" VS Weste's? $279 27% 2" + Weasteei 5 $24 24 Weston A S10" 1% ih -- ve Weston 8 20 620) 020 Wstn 4p S89 89 89% West Awt Woodwd A Zenith 550 205 205 Sales fo 11:00 a.m: 631,000 aes! 10 eer" Falcon oe 6 +t <i on win 470 470 500 s3% 13% 13%-- % 40 «40 (430 By JOSEPH R. COYNE WASHINGTON (AP) Booming business, relatively low unemployment, rising in- comes and prices--and the in- flation which goes with them-- highlighted the U.S.. economic picture during the first half of | this year, Soft spots: did develop in the economy--the housing industry and automobile sales were two but the economic Indicators published by the federal gov- ernment showed that the first half of 1966 was a banner year for most Americans generally although the banner cost more than it did last year, There was even talk both in- side and outside government-- especially in the first three months of the year--of the boom getting out of hand and 804 = Wand » see position. ws sae + bd | '0 260 a 24a ie ath en - | % $17% 17% 17% 4+ % 5 | $32% 32% 2%-- % Tr Can Pi $464 484 444+ S11% Ta lite+ crease to dampen inflation. growth slowed during the sec- --jond quarter of the year to what officials consider a more su- stained pace. But talk of inflation and the need for more restraint per- sisted, Some economists said the ad- ministration had waited too long and inflation had engulfed the country. TAX INCREASE POSSIBLE President Johnson, as recently as last week, held open the pos- sibility of a tax increase but the emphasis now fs on the increas- ing cost of the Viet Nam War and increased congressional spending rather than for purely anti-inflationary purposes. As the first half of the year, ended there were indications the boom would continue. the possible need for a tax in-| | said The commerce department some monthly indicators Prices And Incomes Soar And spending for new plant and equipment is expected to increase to more than $61,000,- 000,000 on a seasonally-adjusted annual rate during the third quarter, up from the $59,600,- 000,000 rate estimated for April- June and the $58,000,000,000 rate of the first quarter. GMP RISES Here's how the major eco- nomic indicators reacted during the first half of this year: --Gross national proct: The value of ail goods and services produced in the economy in- creased by $27,600,000,000 to a seasonally-adjusted annual rate of $732,000,000,000 a record, but a good part of the increase re- flected inflation rather than a solid gain. Of the $17,900,000,000 increase | But most of the talk in favor/such as employment and per-/during the first three months of jernment and the Johnson ad- v|ministration adopted a wait- Economic June than in either of the two preceding months, Canada Stock Exchange By LARRY DWORKIN Canadian Press Staff Writer Trading was quiet on Can- as the recent boom in uranium issues faded and _ investors headed for their summer re- sorts. At Toronto, a total of 16,466, 000 shares changed hands com- pared with 14,212,000 last week. One analyst said that market activity is usually quieter in the summer because "many invest- ors turn their thoughts to vaca- tions instead of the stock mar- ket." Uraniums cooled when ru- mors were denied that a West Germany delegation was carry- ing an order form for a large quantity of the precious metal. The nine-man delegation ar- rived in Canada Tuesday to in- vestigate the possibility of buy- ing uranium, SALES UNLIKELY However, a spokesman for Eldorado Mining and Refining, the Crown corporation for mar- keting uranium, emphasized --% |that no immediate sales are 250 250 250 20 20 m0 +10 200 200 «200 +33 200 820% 244 UM 300 300 00 300 40 MO 15 650 «600 my at! Upp Can 100 200 200 Peace Returns To N.Y. Area NEW YORK (AP) -- Racial peace has returned to the east New York section of Brooklyn. The area was quiet during the likely, And besides, such visits aren't unusual. Other rumors that have helped push the price of the stocks higher include the lifting of the United States embargo on im- ports of uranium by 1970. The present embargo isn't due to ex- pire until 1975. At Toronto, Denison climbed 1% to 61% although it reached a high of 65 before falling back. Roman Corp., which holds a large block of Denison shares, added 4% to 15%. Rio Algom, the country's second largest lada's stock exchange last week Has Lull In Trading measures key stock movements, dropped .60 to 162.29, Among other industrials, Al- can Aluminium was down 2 to 36%, CPR and Westcoast Trans- mission 1% each to 63 and 27% and Bathurst Power and Paper % to 20% Massey - Ferguson advanced 1% to 36% and Anthes A % to "hehe continued their decline as Finance Minister Sharp's changes to the Bank Act are expected to run into heavy op- position in Parliament. Montreal was off % to 58%, Nova Scotia % to 68%, Toronto- Dominion % to 16% and Im- perial-Commerce % to 62%, Royal edged up % to 73%. Golds scored the largest gains and the gold index shot up 9.58 to 183.64, It reached a 1966 high of 187.21 before falling back. oe paced the group, climb- in to 50%, Kerr-Addison a bea" 1% at 11%, Campbel Red ae 1 at 25 and Giant Yellowknife % at 13%. Western oils were weaker with Canadian Superior off 1% to 19%, Pacific Petroleum % to we and Scurry Rainbow \% to 'Quebec Mattagami high- lighted speculative activity, ris- ing 28 to 50 cents on 1,792,944 shares. Brokers say they don't know the reason for the in- crease. On index, base metals were = 4 1.36 to 97.77 while western ls dipped .47 to 104.04 and the tse .31 to 154.64, At Montreal, industrials were down .36 to 161.67, utilities .28 to 142.06, banks .55 to 118.63 and only $3,800,000,000 or 20 reflected price changes, the commerce depart- ment said. But in the first quarter of this year price increases accounted for $6,400,000,000 or 38 per cent of the total rise during that three-month period, The second quarter was even more dra- matic, Price increases ac- counted for $6,500,000,000 -- 60 per cent--of the rise in gross national product. Consumer price index: The half-year increase of 1.7 points in the labor department's index was the largest in eight years. The June index reading of 112.9 meant that it cost $11.29 to buy $10 in the 1957-59 base period. Unemployment: The unem- ployment index never exceeded force during any of the last six months and actually dropped to 3.7 per cent in February and April. By June the total num- ber of employed persons had risen to 75,700,000, compared with 61,200,000 last January. Russia Tops Production Goals Set MOSCOW (AP) -- Industrial production in the Soviet Union during the first six months of the year did better than the goals #et for it, official statistics reported Sunday. U.K. FINANCIER SUES MAID, 24 LONDON (AP) -- British financier Charles Clore, re- puted to be one of the richest men in the world, is suing a Chinese housemaid for quit- ting her £6-a-week ($18) job. He wants his money back for paying her fare from Bone Kone charging hreach 20mg sa0ho, of contract. The maid, 24-year-old Shiu Wai Lin Winnie, served notice through a lawyer Sunday that the new five-year plan that will|gets still are awaited, but they regulate production on all Soviet|cay) for average annual indus- factories and farms between|trigi growth of eight to 8.4 oes : 1966 and 1970. cent, far higher than the 6.7-pere - The specific production tar-icent goal for 1966. Has Your Food Dollar Lost I's ---- 723-1163 and Stretch Phone ee ae OE Oe Ae ng ee er ag ® she will fight him in the courts. Clore, in issuing a High Court writ against the maid, did not disclose how much money he spent to bring her to England. Miss Shiu was hired through Oriental Do- mestics, a London agency, "and" came to Britain nine months ago with a Hong Kong girl friend to work for Clore. The central statistical board reported in all Moscow news- papers that total industrial out- put for the first half of the year was eight-per-cent higher than for the first half of 1965. The goal called for a 6.7-per-cent_in- crease. The country still is waiting for Guaranteed To Save You $100.00 Year THE FOOD PLAN THAT HAS PROVEN Ae Chambeu, ig Your Dollar The other girl still is a maid at the financier's man- sion, Stype Grange. In Hun- gerford, a picturesque town in Berkshire County. Miss Shiu left a week ago to take another job. |than 200 members of the Inter- jnational Association of machin- ists (CLC) return to work today at the Koehring Waterous Ltd. of a six-week strike Saturday. tional representative, said the for office higher maximum pay rate for machinists. The new rate was not disclosed. board and discovered 117 gal- Machinists End Six-Week Strike BRANTFORD (CP) -- More plant here, following settlement Harry Graham, IAM interna- union gained a 12-day sick leave personnel and a GOOD TIME TO START HAYWARD, Calif.. (AP) -- Henry Walker was on a wreck- ing job when he lifted a floor- lons of wine, He dumped it all. Henry doesn't drink, output of the U.S. mines, mills and factories rose to record heights during each of the six the goods and services that cost year and ended the period at four per cent of the total labor period. The index stood at 148.7 uary. vanced $18,200,000,000 to a sea- sonally-adjusted annual rate of $576,400,000,000 during June, --Industrial production: The months of the first half of this 155.8 per cent of the 1957-59 base last December and 150.2 in Jan- Personal .income: .It ad- 92, WOLFE 170% MARY ST Heres a Stntle for your -- July 25th to August 6th @ United Texi, 143 King St, test @ Roxy Veriety, Rosslyn Pleze aL CLEAWIT SERVICE? NOTICE WE WILL BE CLOSED FOR STAFF HOLIDAYS STORES: @ 92 WOLFE @ 170% MARY S&T, @ 12 BOND E. @ 924 SIMCOE WN. AGENTS 725-3555 12 BONDE + 924 SIMCOE + art| A Division of the 5. S. Kresge Company CAMERA DEPT. : FREE ROLL OF FILM! BLACK -&- WHITE OR COLOUR} FOR EACH ROLL LEFT FOR ne Ho Alp ew 100 ait at 134 + MH kewin, $500 Wwe 10 ath Wn u" +* 750 b4 ne 235 +s 200 SWS Sas $ Teo 100 aaa 26 P yaad mgs ce +3 \teen policemen and nine civil- oon ae cea ea ae ers Somes ane weekend after almost a week of|producer, dipped 4 to 27. nightly racial turmoil. District Attorney Aaron|sues, Inco was up 2% to 98%, said he/Falconbridge % to 97 while would meet today with Police|Cominco dropped 5 to 40% and ve] Commissioner Howard Leary to|Noranda % to 53%. Koota of Brooklyn seek information on 'what criminal responsibility, was behind the disorders." Leary has said his depart- Americans and other whites had clashed if any,|was fifth in this week's most actively traded industrials, fell 1% to 18% when discussions ment was not aware of any out-|were broken off with Northern]! side influence in the half-mile-|and Central Gas concerning the square neighborhood which is|possibility of a takeover of the largely a slum and where Ne-/Quebec firm, Northern was up groes, Puerto Ricans, Italian- % to 18%. The industrial index, papers .52 to 116.38, Among other base-metal is- Quebec Natural Gas, which which An estimated 1,000 policemen have been in east New York each night since Thursday, when an ll-year-old Negro boy, Eric Dean, was slain by a sniper's bullet, The biggest peace effort was jmade at city hall Saturday jwhen youth leaders made | | pledges to Mayor John Lindsay} to "cool it off' in east New) York, Since Thursday night, 37 per-) q | Sons have been arrested in con- ; nection with the disorders. Four- CALL OR SEE DIXON'S OIL FURNACES SERVING OSHAWA OVER 30 YEARS 24-HOUR SERVICE 313 ALBERT ST. 723-4663 jans have been injured. University of Toronto B.A. Degree hy Extension An arts degree fecturing genera! study of social sciences, humanities, sciences, end longuages, with concentrotion in @ chosen subject. 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