Oshawa Times (1958-), 26 Oct 1966, p. 23

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Lid., _ me cents, Nov. 15, record ov, 1. Ronalds-Federated Lid., 124 cents, Dec, 10, record Dec. % Placer Development Ltd., one redeemable preference share, par value $1, for each five com- mon shares held. Equivalent to 20 cents a share, Dec, 2, record Noy, 10, Union Carbide Canada Lid, 15 cents, Dec, 1, record Nov. 10, Pembina Pipe Line Co. Ltd., 5 per cent pref, 6244 cents Dec. 1, record Nov, 15. Léd., class A 224 cents; class _ |B 22% cents, both payable Dee. 15, record Nov. 30. Traders Group Ltd., class A " = Third-quarter earnings for al were $71,723,047, BUSINESS SPOTLIGHT TORONTO (CP)--Ever won- dered what the biggest-growing cosmetics line is these days? It's everything -- but every- thing--for men. The cosmetics industry estl- mates Canadian men have spent $40,000,000 on toiletries by the end of this year. Compara- ble figures for past years are difficult to get because the men's toiletry business is just being recognized as a field of its own. Men's and women's prepara- tions used to be lum to- gether for statistical purposes, but no longer. With men's co- logne sales up 36 per cent last year from 1964, and after-shave iotions selling 24 per cent bet- ter, manufacturers see big things ahead. "We're getting into things you wouldn't have dreamed of five years ago," says C. L. Biggio of Avon of Canada. His firm has just marketed a hand cream for men and is working on a men's skin con- ditioner and a moisturizer. An- other company is planning to produce a complete line of men's cosmetics, including a alasnelag aveam Cit eceey Colognes packaged as cannon guns, boots or golf club heads are neppering the market. Today's Canadian ne-man iiss 260 brands of cologne and 166 different after-shave lotions to choose from, compared with 127 colognes and 80 lotions three years ago. He's also buying about $27,000,000 worth of hair tints and dyes annually. One preparation that is said to have sparked recent sales is DETROIT (AP)--General Mo- tors Corp. reported Tuesday net earnings of $1,200,000,000 or $4.31 a share for the first nine months of 1966. The figures trailed 1965's record. The biggest of the U.S, auto- makers became the first to re- port its third + quarter and nine-month statement, GM said its net income in the comparable nine months last year was $1,500,000,000 equal to $5.36 a share. For the nine months this time, dollar sales totalled $14,- " 500,000,000 compared with $15,- "US. Steel Shows Earnings Drop NEW YORK (AP)---U.8. Steel Co., the largest steel producer in the United States, reported Tuesday it had lower earnings for the last three months and the last nine months than a year earlier. It said income for the three months ended Sept. 30 was $61,- 635,150, or $1.13 a share, com- pared with $77,428,706 or $1.43 a share for the sec pag S85 550 S85 el Ey se 164 ha bag 100 31 or $1.21 a share, For the nine months, U.S. Steel said income totalled $189,- 153,967, or $3.49 a share, com- red with $226,538,559, or $3.84 a share last year. Sales for the last three months equalled $1,214,516,256, s\compared with second-quarter sales of $1,194,204,062, Third- quarter sales last year were $1,119,156,296. Nine-month sales were $3,358,- 401,412, compared with $3,498,- 661,908 last year. BOND MARKET TORONTO (CP)--Prices were fractionally easier on the Cana- dian bond market Tuesday in quiet dealings. In long-term issues, the 5% per cent Government of Canada bond due in 1992 closed at 99% bid and 100 asked, off 4%, Mid- term bonds were also generally easier by about \%. Short-term issues held thetr own with few price changes. One dealer said the day was quiet and dull with nothing of importance taking place. Generel Securities! GM's '66 Earnings Drop '* Trail Behind Record Year 000,000,000 in the equivalent 1965 period. GM said third - quarter net income totalled $99,500,000 and earnings 34 cents a share, com- pared with $264,000,000 and 91 cents in the comparable three months of last year. It marked the second conserv- ative three months report in which GM's figures trailed those of a year ago. For the nine months, world- wide factory sales of 4,850,000 vehicles ran second only to 1965's record opening three- quarters figure of 5,302,000. PRODUCE TORONTO (CP) -- Wholesale to retail carton eggs average weighted prices quoted by the department of agriculture as of Tuesday: A large 67.3; A me- dium 63.4; A small 48.3. Eggs: Wholesale price to country. stations fibre cases quoted by the Toronto Board of Trade from wholesale egg deal- ers: Extra-large 61.62; large 60; medium 52; small 40-41; B 42- 45; C 35-37. Butter prices: Agricultural stabilization board tenderable carlots: buying 40 score 59; buying 39 score 58; selling 61. STOCK MARKET TORONTO (CP) -- The stock market staged a late rally Tuesday and managed a slight gain after being down for most of the session. Corby's led the industrial list higher, jumping 3% to 205, Moore Corp. 1% to 80, Versatile 1 to 22 while International Min- erals slid 1% to 5S and CPR % to 52%. Western olls, plagued by profit taking for most of the session, were down only .38 on index to 112.16. Dome eased % to 27%, Cana- dian Superior % to 26% and Banff % to 12, In morning ac- tivity the index was down 1.29 points. Min-Ore was off 3 to 24% cents on 349,000 shares in spec- ulative mines. Declines outnumbered ad- vances 296 to 163 with 231 is- sues unchanged. On index, industrials were ahead 3 143.37, golds .02 to 155.4 metals .31 to 88.87 and TSE .02 to 137.55, Vol- ume was 2,652,000 shares com- red with 3,038,000 Monday. aeeenaeeeeeaminmane t ) Sales To Males On Rise Cosmetics Trade Booms a do» it- yourself preparation which now enables a man's hair, like a woman's, to become gradually less grey. JUST AS VAIN Cosmetics manufacturers say men are as afraid as women of looking old, and they're cash- ing in on it. Tha haam hae @ regional nat- tern, Stanley Cooper of Shulton of Canada Ltd, says men's co- longe sells best in Quebec, "The French-Canadian man is more perfume ~ conscious than the English-speaking male," he says, although he adds most men are introduced to cosmetics after thelr wives or girl friends buy them some. Manufacturers find college men and young eastern busi- nessmen among the leading buy- ers of men's toiletries. The boom has barely caught hold in the West and the Maritimes. "The farmer hasn't been brainwashed yet," one manufac- turer comments. "And I can't imagine fishermen wearing much cologne." RED CROSS IS ALWAYS THERE WITH YOUR HELP PAY EXTRA DIVIDEND E. Corby Distillery Ltd. Tues- day declared in Montreal an ex- BUSINESS BRIEFS | has authorized execution of; a a ear THE OSHAWA TIMES, Wednesday, October 26,1966 23 agreements dated Oct. 21 with Sohio Petroleum Co. for sei chase of Sohio's assets in will be paid for tra dividend of 50 cents a share, along with the regular semi- annual payment of 50 cents a share on the A and B shares, all payable Dec. 1, 1966, record Nov. 9. The current declaration brings total payments in 1966 to $1.50 a share each on the A and B, compared with $1.00 = 1965, when no extra was Pp BLAMES GOVERNMENT A resolution criticizing the dealing with restrictive trade ctices in the service station ustry was passed Monday by the National Automotive Trades federal government for delay inj Southam .Press .Ltd., months ended Sept. 30: 1066, fix 1965, $4,048,108, $1.35 excl $1,337,344 profit on sale of assets and investments. Cominco Ltd., nine months ended Sept. 30: 1966, $36,900,000, oa a share; 1965, $38,400,000, . SUPPLIES shares offStandard Oil Company ¢ Dai soho 8 ee Oe eee oe OVER 40 YEARS EXPERIENCE! Toke ee vice; and dispatched *Pucl Olt Budget Plan evalebe," 10 CONVERT AND McLAUGHLIN | wns «6 2O"O40 1 110 : KING ST. W. Association in Winnipeg. The resolution calls for the associa- tion to make its complaint known to Prime Minister Pear- son and to protest the govern- ment's "inexcusable delay and evasion of its responsibilities." Wit DUS ASouZo Canadian Delhi Oil Ltd. an- nounced Tuesday in Edmonton CANADIAN PORT Boxed English Bone Chine STEPHENSONS' JEWELLERS CLOSE OUT SALE Cup and Saucer Special Binoculars 7 x 35 GRANDVIEW Catelogued to coll for 94.00 CLEAR ... cee eeeees eevee 19.95 TRANSISTOR RADIO Complete with Accessories Limited Quontity ...... *15.50 STEPHENSON Jewellers 14 KING ST. EAST -- Gold Wires -- RIDA VIA GREYHOUND LINES IN U.S.A. ¢ et ae 14 DAYS; $193.55 4 SEASONAL RATES INCLUDES: Hotel room 10 nights LOW RETURN FARES TO (21NAROOM) Sightseeing POPULAR FLORIDA RESORTS MIAMI ....... 120 cents, class B 20-cents, 4%) per cent pref, $1.12, five per) cent pref. 50 cents, five per cent) series A 37i4 cents, all payable Jan. 2, 1967, record Dec, 8. JACKSONVILLE ....... 61.90 FORT LAUDERDALE ... 76.15 ST. PETERSBURG ..... 71.55 Ro*® > " g S8RZcss > BOYS SMOKE AT EIGHT DUNDEE, Scotland (CP)--A | school survey found some boys) are smokers by the time they/ are eight Of a sample of S96) eight-year-olds, 15 were regular | smokers, as were 35 of the same | number of 10-year-olds. | RoyNear provides term loans for almost any type of industrial or business project. WRITE... PHONE...OR VISIT... any District Office of ld, HALIFAX, MONTREAL, TORONTO, WINNIPtu, REGINA, CALGARY, VANCOUVER... er enquire through any branch of TRE ROYAL BANK OF CANADA WONTREAL TROST COMPANT GARRET CANADIENNE WATIONALE = THE CANADA TRUST COMPANT GENERAL TRUST OF CANABA = + - ae it Et gt one RESERVED SEATS ON THROUGH BUS TORONTO-CLEVELAND-MIAMI Pies US. Exckexge Serchenge ox sf prices. E{ 2393*-$8-"52* 4233 3558S 52-85% 3 sa%ebee S3G8508G3 058559299592 25° palatal so if e+ + = on % 3 a 28 i+ ~s ~~ Tickets and thfotmation at Oshawe Bus Terminal, vy» 18 Prince Street, Telephone 723-2241 WHITBY -- Harry Donald -- Agent, 300 Dundas Street East, Phone 668-3675 GRAY COACH LINES (South) The Coffee Cup, Phone 942-2940 (North) ew Coffee Shop, 942-3390 43 KING STREET WEST, OSHAWA 725-3581 REE SET

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