Oshawa Times (1958-), 10 Aug 1966, p. 25

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THE OSHAWA TIMES, Wednesdey, August 10, 1966 TOOT oot | lS SS kW MARKET TODAY Seag = 430 TORONTO 10:40 A.M, STOCKS Electro Distribyied by Cr Toronto Stock Exchange--Aug, 0 Quotations in cents uniess marked $. 2--Odd lot, xd----Exdividend, xf---Ex- rights, xw--Ex-warrants, Net change is from previous board-lot closing sale, MINES 10:40 Net Sales High Low a.m, Ch'ge "ow ow est ' asco Dom Store Domtar Domtar pr D Textile $30% 57 10 923% $204 17% 518% Wh 23% BUSINESS SPOTLIGHT =., Toronto Realtors Worry | About Accomodation Lack] TORONTO (CP) Metro- politan Toronto, one of Can- ada's fastest - growing areas, probably will tear down more houses this year than it will build, That is one of the problems facing local real estate officials, increasingly worried by rapidly growing demand for accom- *\modation and a 24-per-cent in- crease in price during the last |12 months, In the first six months of ong + wy | year only 2,028 detached, semi- \detached or duplex houses were + %| started in Toronto, a real estate + %| spokesman says. "This means we will have 5,000 new units at the most this we demolish more Ws 2% va Wa 862 862 UY ed Oo DM m 21% 27% 25 «25 On be 40 _ panies for residentiai building jy in the first four months sagged to $154,000,000 from $168,000,000 says, it has caused the average price of new houses to soar to $27,622 at the end of June com- pared with $23,800 at the endjin the same period last year. 4 of January and $21,914 in Jan-|Loans by trust and loan com- 7% vary, 1965, |panies fell even more sharply ' APARTMENT RENTS RISE in the same period, to $70,000,- It also has resulted in a jump|990 from $122,000,000, } of five per cent and more in| Jack Key, President of the apartment rents, And the va-|Toronto Real Estate Board, ecancy rate for: Metro Toronto|says this -decline in the supply apartments has declined to an|of mortgage money, created by| estimated less than one per cent/the federal government's tight-| compared with 1% per cent aimoncy policy, has caused a jyear ago and a normal rate of| shortage of new homes and) \four or five per cent, dropped the rate of new hous-| "Home economists figure that|ing starts to the lowest level} to buy a $27,000 home a person|in 13 years. should be earning at least $10,-. 'The present policy is failing 000 a year," the real estate man|to take into consideration in- a+ ve| Year--but ys creases in marriages, immigra- than that, | "Since only about four per! tion and new family formation," "During each of the last three| cent of the population is in that/he says. + "| years 10,000 units were started.| category, it means a lot od peo-| 'This mounting 'And to meet today's demand, | simply are forced to go less satisfied will F | ple ,/not even 10,000 a year is enough, | without." even higher," Stock Accra Acme G rt Agnico gn Akoitcho All Pitch va 178 70 22 % -3 + +? 521% 21% hm % $22% 22% 22% -- Ve $14 13% he $15% 15% 15% 554% 54% 54% sia 4 0] 425 425 «(425 9 9 9 PRICES EFFECTIVE AUG, 10, 11, 12 AND 13, 8% 16% | inland Gas Inland G p Inter-City YV a IBM 370 S912 9% WU 1 | $29% 29% 29% 57a 1ve 1% S11% 11% 11% 58% 518% WE RESERVE THE RIGHT TO LIMIT QUANTITIES. int int Util pr Intpr Steel inv Grp A Jefferson » Kelsey Co 4% Labatt iL LOnt Cem 490 490 | Lakeland 8, 84 Leura Sec We 19% Lev Fin Lav F 1.25 Levy Lob CoA Lob Co B Loeb M MB Lid M Lf Gard Nickel OSHAWA WHOLESALE LIMITED supply depot for progressive independents 2m. 73° 2 ws 13° Supplied by THE Candore Captain Cent Pat Chester Chib M Chime Coch wilt Coin Lake Comb Met Coniagas Conigo 4M 16 KRAFT CANADIAN BURGER SLICES SUNPAC -- NON-CARBONATED Fruit DRINKS SAVE 19% ---- HEINZ KETCHUP CORONATION SWEET RELISH 8-02. PKG, 20-02. BTLS. 39° 49° demand un-|@ send prices Cos Brew € Halll 24-0Z, JARS m 10-02. O ts In Cop Fields Coulee Craigmt Manoir M Lf Mills Maritime Mass-Fer Met Stores $220 333% sis 30% 39% 15% 15% so where does that leave us?"' ' For one thing, the spokesman| Toronto slumped 19.1 per cent Total accommodation starts in in the first six months of thi PRODUCE IGA 12" ALUMINUM 25 FT. FRENCH'S PREPARED 16-OZ. § $i3% 13 Deer Horn 26 Denison Discovry Dunraine Duvan Fiwest T Frobex Genex Glenn Exp Goldray Goldrm Gortdrm Gradore Granduc Headway Hollinger Huds Bay Int Bibis Jaye Jelex Jonsmith Joutel Kam Kotla Kerr Add Kelly Dsd K Anacon 2457 200 134 2000 500 1000 1 500 1000 833 16897 300 $00 100 9000 149 255 $61%4 T L Dufavit Lakehead La Luz Leitch LL Lec orado Louviert Madsen Matigmi Mcintyre Mc Adam McWat Metal Min 200 $108 2150 72 1100 4% 1200 2500 1000 3000 1100 $00 600 $00 500 500 1200 CO Kelore Newlund N Mylama N Senator Norbaska Norgold Norlex Norpax N Coldsim Northcal Northgat Opemska Orchan Param Patino Pax int Peerless Pick Crow Pine Point 26% 262 26 $58% sié 24 $11% 11% 215 5 7 3500 54 za) it " 45 148 148 148 1952 $26% 2644 264 25 $982 9B 9B 0 7500 215 @ Mattgmi Quonto Rayrock Rio Algom Rio 5.80 Pr Rio Algae w Rix Athab Recawin Roman Satellite Sherritt Silvrfids Silmq Siscoe Stanrck Steep R Sud Cont Sullivan Sunburst Texmt Texore Tex-Sol Torbrit Tormont Tribag Un Keno Vesnar " West Mine $30 White Star 4 Wilco 5 5) Willroy 165 Young HG 5) Yukon ¢ Zenmac Zulapa 40 130 Sidte 28 515 460 42 400 " 2) " 122 ee ree || S10 515 360 360 61 6) 390 390 210 210 210 $90 «S85 = 585 249 24\y 2414 530 530 $30 600 7100 725 1000 20800 1000 1000 2500 2500 1200 104 33 25 100 n 9 33 25 100 125 800 oa 530 9 a 163 SMa 132 44 ra] 103 3 25 100 10 125 800 15 800 $30 40 0 163 54 134 4 2 vi Mu 2 OILS, GAS 200 410 410 410 4000 242 24 O04 450 $19% 13% 132% 1200 208 208 200 v0 574 200 506 100 100 3105 10000 100 200: 2000 1300 $000 140 29849 3 100 2010 $327 $600 } 8500 222 2000 265 INDUSTRIALS 528 $11 (Bore Seas 3000 1025 500 Alminex 2 370 $21 214 Cent Del Com Pete Cc West P Dome Pete Dynamic Int Hell Mill City N Cont N_Americn NC Oils Petrol Place G Prov G Ranger Scurry Rn Spooner Triad Oil U_ Canso 45 Abitibi Acklands Alla Nat Algo Cent Algoma , St Alcan Alcan pr $29 33% 0 $404 $48 sit $10 $25% $36 Bathrst A Beatty Bell Phne Bow Valy Br Am Bnk BA Ol BC Phone Calgary P Can tron Can Perm cSt Cdn Brew cB AL Aw € Chem w C Curtiss Cc imp 8nk C ind Gas cil C_ Marconi CPR CWN Gas Cc Westing Capit Bldg Chem 175 p Chrysier 3 $465 465 (465 11g 1 + ~ 1 Ltd., $1.25, Sept, 15, record Aug + $10% 10% 10am 1 618 58% SAM Vy 15¥a 15% Me) 4 624 \ * 1 2 -V $134 134 194-- % | cents, Sept -7 = %) Sept NN" NWA i+ 45a + | 4+ 916% 16% 184 - s) eae 2 "4 2 5 } 1 1 2%4+ % $10) 10% 10'4 + " +25 se Ve lyear to 10,460 from 12,934 a |. ne an : |year ago, But the situation now FORONTO ( P) -- Wholesale ig By THE CANADIAN PRESS | may be even worse than these da be none eto ee 8 Nat Trust Va ' ifigures indicate, the Toronto Weighted prices quoted by the Noranda «|. Industrial Acceptance Corp.| ,° helata iad aa .e|department of agriculture as of Nor Ctl G Ltd mnded 'Real Estate Board says, since Nor Tar Ch , y {Ue fae ds months ende: JuNe| the decline in June a|Tuesday: A large 66,3, A me- NW Util p 30; 1966, $6,282,000, $1.01 alo win, perce . to/dium 58.2; A small 37.6. h Ba, pte eee oan ox ' startling 40-per-cent drop ) Pac Pete Wa Share; 1965, $5,865,878, 96 cents./9 98 from 4,461 in June, 1965.| Eggs: Wholesale price Pembina Denison Mines Ld, six!OTHER CITIES HIT TOO country stations fibre prom "ifeh months ended June 30; 1966,/ Similar declines have taken|quoted by the Toronto Board of $4,568,000, $1.02 a share; 1965, place in other centres, In Mont-|Trade from wholesale egg deal-| lea J _ Ib Wy, 7 #]86,034,000, $1.35 a share real, Canada's largest city, inlers: Extra-large 63; large 61- h WV } Price Bros 290 | a6 . 2 90.9 Royal Bnk 870% 70% 7014+ | Kerr Addison Mines Lid., six/the first six months of this year|62; medium 55; small 28-30; B Sayvetie $00 385 385 385, +10 | from stabilization board Shell Can 445 21% 21% | aaa We ini 14 six months ended June 30: 1966.| Loans by life insurance com Sliverwd B 155 16 feel Gon ea 2% 0 | Central-Del Rio Oils Ltd,, six Tor Dm Bk 25 59\4 + ae 302, 23 cents Tr Can PL (259 Mob Y i Gan wa + "i ttd., 12 months ended June 30:| Trans Mt 335 lee 16% Un Carbid 25 25% 254 | STOCK MARKET look into the y + %| Exchange Tuesday. 29% 20% | 2,805,000 Monday. and 41% in the industrial list, Molson 8B Mentex Moore Net Hees 17% 17% 17% 435 82 +% "NET EARNINGS was if 640 to 100 4% 12 Agricultural tenderable score 59; Don't let obsolescence hold down production and push up costs... * 310% 10% 10% 420 420 2 _ 15% 29% 9 26% 13% 17 iM 20% a Un Gas Versatd Versatile Vic G Tr Walk GW Weldwod Weste'st Westeel W Pacific Weston A Weston B Zellers 140 100 154 29% ' 7 Hit | A total of 2,750,000 shares i. ia + |Changed. hands compared with 150 250 100 zi8 QN Gas 375 : : SKTL Cem A 85 833% 33% 334--/months ended June 30; 1966,/Starts declined to 9,836 from/39; C 34, Scot Mis pr 215 $17% 17% 17% |1965, $1,713,407, 24.85 cents 6,301; and in Edmonton carlots: Buying 40 Shell inv p 935 % /$1,596,016, 19 cents a share; | Simpsons " 29% Ster Trust 225 %---'\months ended June 30; 1966, Tor iron W205 32% --~ v4|1965, $1,53 Tr Can Pi p 300 47%5 4&8 1966, $5,976,000, 91 cents a} Trans PPL 130 1% 9% TORONTO (CP) -- Trading | O a Ey : SYSTEM OF FINANCING Interprovincial Pipe Line and 6025 Rothman Salada 900 $114 MM 11% $1,396,369, 19.78 cents a share: |11,047; in Vancouver, to 4,250, Butter prices: Selkirk A 100 ve Ma + \ ' : 22 fr 2,059 ' tet V8 Canadian Superior OM Ltd,,, 9 1,322 from 2,059 de buying 39 score 58; Shop Save 150 M4 vo|1965, $2,411,623, 28 cents Slater Stl 275 13 = Thom NB ...a6b % |$1,850,650, 28 cents a share; Traders A = 260 10% Northern and Central Gas Co. Tr Can Pw 450 10 910 Share; 1965, $4,755,000, 73 cents. UNAS Inv 225 16% 16% was dull on the Toronto Stock Du Pont gained 1 each to 77 | | Sales to 1) am "901,000 | | FOREIGN Argus C pr 200 $1 int Helen $00 265 Int Bibls 100 125 Siscoe 100 460 Utd Keno 100 880 Shamies Get the funds you need to modernize plant . ft 1 Massey-Ferguson. added 1% at 34| onc enrit mae ane and equipment. Increase productivity; while Roya ank sli 4 to al : ' : at low of 70 and Levy % to 18%, | improve your competitive position and Uraniums pulled the base! profits. For assistance with any industrial }metal group lower, Denison was or business project, call: off % to 62 and Roman Corp., whose chief asset is Denison RoyNat Ltd. at HALIFAX, MONTREAL, TORONTO, WINNIPEG, REGINA, CALGARY or VANCOUVER... "% 265 265 +34 5 125 +10 | 460 460 5 680 880 --5 "DIVIDENDS By THE CANADIAN PRESS Ford Motor Co. of Canada shares, lost % to 14%, On index, industrials were up |.02 to 156.80, golds .59 to 188.22, western oils .46 to 106.01 and| the TSE .02 to 149.96. Base met-| Lid., 3)als dropped .25 to 96.87. 15, record Sept, 1.| | Salada Foods Ltd., 10 cents,) COMMUNISTS CONVENED 15, record Sept. 1 | Communist parties of 86 coun- Rio Lid.,| tries sent delegations to the re Dec. record! cent congress of the Soviet Un-| ion's. party or enquire through any branch of THE ROYAL BANK OF CANADA BANQUE CANADIENNE NATIONALE MONTREAL TRUST COMPANY GENERAL TRUST OF CANADA THE CANADA TRUST COMPANY Leitch Gold Mines Central-Del eight cents, Nov, 17 Oils 15, Visit oat "VERBENA COURT" A new, quiet Court in Beau Valley with homes ready for immediate. occupancy. OPEN HOUSE HOURS ® 4 to 8 p.m. Mon. to Fri. © 2 to 8 p.m. Sat. and Sun. AT THE "ANNA MARIA'! MODEL HOME You will see a completely new concept in Electrical Heating and Air Conditioning "Set it' and 'Forget it'. An Electric heating and Air-conditioning sys- tem which you just set the temperature you desire and leave it and it will stay constant all year around, giving you all year around comfort. EXCLUSIVE AGENTS SCHOFIELD AKER LTD. 360 KING ST. W. -- 723-2265 Another Fine Kassinger Development. "A Lovely Place To Live" Cases ae selling 59. \% 2 sss 49° 2 uss 19° SAVE 10c -- BEEF OR IRISH SWIFT'S STEW 2 24-02, §9° TINS BORDEN'S STARLAC MILK POWDER 3-LB. 99° PKG, SAVE 18¢ --- CORONATION FRUIT DRINKS 3 'or 85° TINS POPULAR BRAND CIGARETTES BG 369 pa OLD SOUTH FROZEN G3* (© ORANGE JUICE Sj) 4s BBE MUSTARD CORONATION SWEET MIXED PICKLES FOIL WRAP SAVE 17¢ -- KRAFT Miracle Whip 2 nous 99° 2 iss 13° ROLLS JARS 24-02. JARS 16-02, JARS 4 1 PKG. OF TABLE-RITE 1-18. UP, READY TO EAT WIENER ROLLS SWIFT'S PREMIUM SMOKED PORK u 69° ALPINE -- PRIMROSE -- TRIANGLE PICNIC BEEF STEAKETTES . 59° SPECIAL COMBINATION OFFER SHOULDERS SCHNEIDER'S PURE PORK COUNTRY STYLE WIENERS C oan" OOLeS, BOTH FOR ; ; ; 93: SPARE RIBS SAUSAGE 1-LB. PLASTIC TRAY 4 Le TINS ey Baek evi 'ativan CANADA NO. 1 GRADE -- LOCAL GROWN GOLDEN SWEET CALIFORNIA SUNKIST ORANGES PRODUCE OF U.S.A,--- CANADA NO, 1 GRADE PEARS BARTLETT a 49° PRODUCE OF U.S.A. -- CALIFORNIA & FOR AQ: g NECTARINES bez. VISIT THE IGA BOOTH AT THE C.N. E. AUG. 19- SEPT. 5 nee CORN FLAKES 2 2" 69° DRINK MIXES 10 »«<: 49° TORONTO RIFLES ' FOOTBALL broadcasts CKEY DIAL §90 THURSDAY, AUG. 11 #:00 P.M, 16-02, PKGS. FRESHIE POWDERED TORONTO vs CHARLESTON BILSKY IGA 120 Wilson Rd. $, Oshawe DYL'S IGA 166 Adelaide Ave E. Oshewe MOTOR CITY IGA Ritson Rd. $. _ Oshawe BECKSTEAD IGA Courtice, Ontario BRAEMOR IGA Stevenson Rd. N. eat A polis Ave. LANSDOWNE Lansdowne IGA Supplied by THE OSHAWA WHOLESALE LTD, supply depot for progressive independents COLLEGE HILL Cubert St., Oshawe Shopping Centre Where You Always Get A Little More Than You Expect

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