Oshawa Times (1958-), 2 Oct 1967, p. 18

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22 THE OSHAWA TIMES, Mondey, October 2, 1967 Lee eo ee i LiL jag TODAY'S STOCKS i i eR) Ae Ae ee Ee Ba WON'T HELP MUCH ALSO INDUSTRIAL PRICES By NEW the en ment, He TORONTO 10:4 A.M. STOCKS ¥ Net | tributed P Stock Sales High Low a.m. Ch'ge| Terente ite pcinnge--0 et. 2 CPR oF an Or % e ere manne! ote BS -:| Flouse Builders Ponder xd---E x-div , xr =4 if Chemcell 730 $102 10% 10% rights, xw--Ex-warrants. Net change i: > from previous board-lot ¢losing sale. Fits, A | iiss ibd vee * MINES Codville A 200 470 470 470 --§ Eff e Columbia 215 410 410 «410 ca kiie. Ettects igher Interest 0:48 Net | Cominco 420 $29% 29% 29%4 Stock Seles High Low a.m, Ch'ge Seeneaty 110 $10 10 10 : need Uren Fe 8 ft Sink wane By KEN SMITH ;That would mean he would be/could be achieved and main- Advocate | 1000 255 255 258 | Cons Gas 740 $20% 20% 20% (Canadian Press Business Editor paying about 40 per cent of his|tained, it would take until the pets iad F-4 » © 42] Cony B 50 $2934 29% 29 | : 1 jnet annual earnings, afterjend of 1969 to break even wil! AN C Cop T1065 36S Couvret P 100 36 6 6 | House builders are divided on)! t for aheltant laamenil Bankeno ri00 8B ORB BB Crush Intl 100 £10 10% 10% -- %|what effects to expect from the\ncome taxes, : * SS Banktield 700 9 9 9 PR layer hl a4 Pd ms ed s /federal government's decision) Apartment rents are expected| Further indications of -- the soni a é Poe P4 -- 8] Disti Seag 235 339 39 «39 \last week to raise the interest |to climb, too. Mr. Kirkup saysipressure on interest rates cain¢ Black Bay 5000 10 10 10 1 4 dove = yal aa ma ceiling on National Housing Act|the increased vate will add anjlast week when the Bank of 157 c Me : 'i ' 'aebite z Son heat eno % 4 55 Dom Glass 100 $694 93% 924 4+ %4 Mortgages to 84 per cent fromjaverage of $20 a month to Canada raised the bank rate 19 Bunker H 2500 18 18 18 Dom Store 160 $1B% 187% 187% + 71/, Toronto rents, raising the cost|five per cent from 4%. The ralc Calmor, 1B 20 12 1m 18 et ee: Sea a 1% ,. Most agree the move willjof a standard thiee-bedroom|theoretically is the charge ley am Mine = 35 3 d T -¥ r . : om ¢ Z . a t ¢ Tung 2200 24 220 220 +3 | Dupont 65 $28 OB jdraw some more funds into the suite to $225 or $250 a month, ied by the central bank of G Pye tee ie TE] Emo tile ee dite ua ay (money starved industry,) The big question, however, money borrowed from it b; amiesn - ® 9 Md : F € Malart 4000 14 13 14 +219] Exquisite ae eee BE 3 although many da not antici-/house builders say, is whether chartered banks. si canis Ade te Fan Ply ee 1, Sl, t pate the quick influx they Say|the new rates will attract) It is almost-never gg le andore 3854 BBA BRM + Vs eh Z b aay ; shat Cassiar Fed Grain 20 87 7 7 is needed to start overcomingienough money from otherjis accepted as a sign of w Chestrvile pier ig, G00 ats 218 210 jeanace's housing s4ortage. investments to permit stepped-|the Bank of Canada feels pd Fraser" 1498 $2934 soup at =~ |) And many question whether|up construction programs. jshort-term interest rates on the Coch will Freiman 300 $8 8 Ble lenough additional money wil!) By the end of tnis year, Can-|best securities should be. co , 1: acne s 5% be made available to be signifi-ada is expected to be at least) Officials interpreted the step Cc Bellek 20 a GMC 29 $93% 93% 93% | : a ry d off th ssibil Con Fardy 3350 350 345 345 G Mckay A 100 $7 77: ay toant 160,000 starts benind the mini-jas a bid to hea ti) ie possibil- Cp Morisn 200 390 390 390 20] GL Power 705 $iv4 194 19% + %4| Some suggest the step actua!-/mum program which the Ecc-jity of a flight of ; J S haber 200 113 «-113:-«113 2 ag 1000 -- a il + %'ly will make the situationjnomic Council of Canada Says|money to the United States to [Rome steam ou of inflationerv list. C Red Pop Bd e a e | Hard Care 700 $16 16 16 worse, since the higher prices|is needed to meet growing pog-|get higher returns. spe Coprcorp 01 6 + Hard Crp A 200 $13. 13 ri 1 wil y i | J.8: ree- tk Cop Fields 600 139 135 135 2) She A on ts ate Lo nen that will result will put new|ulation needs. The rate on U.S three-month Cop Man 1000 29 2 ® +41] Home B 25 $25 (2525 housing beyond the reach of, Next year housing startsigovernmen, treasury biiis Soules OO i iad | Homme Pit 1775 385 300 385 + 5 (even more people. would have to jump by one-\recently has ween about 4.75 r + "& y M4 : 9 Fy | ; ' . DElde 63900 138 128 132 --10 | WR ON Ges 740 Sepik 12M 184--™%) The National House Builders|third to 200,000 units just tojper cent, while ihe Canadian ten pe cha an a * Mg Husky Oi! 215 $225% 225% 22%. Association in a generally'start overcoming the existing rate had been about 4.5 per Benen 1000 160 14 oe a] ogi Aga 1% + approving statement noted the shortfall. Even if that e|cent. o> Plaga ue tea 498 130g wy] imp Tob 220: $13% 13% 134 (new rate is a ceiling and said }-------------- - ndako ; Oe * +) IBM 5 " * tee ant Giant Yk 100 835 835 835 --I5 | jyac 4 pe Pe eth i. ie lenders could fix their interest] Goldray 1500 82 82 82 | int Nickel , 258114 414 tie wirates anywhere under that Sorter 700 270 290 7 VY int uni 120 $39 3 level. Sortdrm 7 i : 'cl Grandroy 7375 122 NS 1S --8| jinn p, Pr 765 $49. 38% 38% | A Toronto mortgage official, Granduc 1075 575 4 ce intpr Steel 2100 400 400 400 however, said such ceilings Sramte =a 3 | Inv Grp A 375 Sh% 8% 8%--Wihave a way of becoming floors Green Pni 4000 58 S6 5B 3 Jarmes 3H 100 ¢ 4 Gunnar 200 195 195 195 + S| yore AE, TR ae | on the actual mortgage market Rigrsi fs sine 'tne wt | Jeter, a Sa -- | | seer amen Se Jockey C 200 315315315 MORE EFFECTS? Huds Bay 210 $61 60% 6! | Ton ce ee Hill : Int Bibis T 2100 92 92 92 | Gone vid 4 ~ " ia Partly because of this, many is is 1s 4 3 . A " | - Pg 1 i at oe Leura See 7159 $l6se 16% 16% -- , Officials are predicting ie} Iso 3500 168 168 168 au in 100 455 455 455 prime rate for convention mort- Jaye Exp $00 17 17 (17 tau Faw jon Sgt {2 124 | | gages--those not sponsored by Joliet 1000 33° «33 «33: «+1%| «Lau F 63w 700 68 65 + : : : A Hows Jonsmith 5600 2% «25h 2% «+ | LEVY 62 $27% 27% 27% -- vw the Central Mortgage an ous- yowsey 1166 8 40 80 Ley 8: or Taco EM, tome 10% ling Corp.--will ciimb to nine| i a + Kam Kotia 1000 220, 320 320 + 5 | 'Life Invest 100 6% ae oat. wiper cent or even 9%, They now Kelly Dsd 1000 172 17% 174+ Va} rob Inv Nd ~ 135 125 125 --10 |are quoted at eigut per cent, K Anacon 666 102 102 102 --1 jolson $21'e 21% 2h -- % : totes Kid Coper 3500 73 72 72 4 Mont Trst 225 $1414 14% 1414 but had been edging toward Kirk Twns 2100 17 17 «(17 ie n Fd $339 33% 33% ~ v8. Kopan 3 ) eee | Bae | jorse 00 $275e 27% 27% + Vy i 4 e s i Dr iain 0 $83 3 + | Morse B mero Mm Sevond mortgag oe te run-| L Head 16500 26% 2% 27 +3) Murphy 400 $94 9% 9% +1, Ming recently at or per} " one ie fe # ed a patil Pr ae ithe 29% 24 + uicent, now are expected to rise e Luz ve 5 7 h 1% i Leitch 275 845 830 830 430 NB Tel zi5 $15 (1515 jto 12 or 15 per cent. | Liberian 234 $10 10% 10% reheat 279 395% 55 5514 | Donald B, Kirkup, research} LL Lae 500 183 180 180 +1 or Ct 300 $12% 13% 13% + Vedi pole 2000 82 82 82 +2/| NCGB 2p 275 $2% 2% Zul director for the Toronto Real Madsen 500 154 152 152 ~--2 | ine L 110 $9 99 Estate Board, says the new Marchant 500 95 «9859S | iivie 100 312% 12% 12%4-- y ili vi j ven tough- Midrim 1200 135 135 135 --9| Oshawe A 210 saa aia a _-- will gee th "3 _ Neslti-nal 1250 160 158 160 Pac Pete 1150 $192 19% 19% --wier for most peop 0 buy | New Bid 3500 4' 4% 44+ 4) Peel Elder 200 %15%4 15% 15%4--% house in high-priced metropoli-| N Harri 10000 2 24 2% +1] Pembina 400 S174 172 172+ "altan areas N Hosco 2000 19 190 199 +6| Pow Corp 1090 $10 9% 97% | °& . ' N Imperal 700 340 340 340 +5 | .Price Com 600 $11% 11% 11% -- | The average annual wage in Newlund 1000 20 2 = 20 -- 1 Rank Org 4750 - $67 Ya + Y is| N Mylama 2100 19 #19 (19 Asian A ie Ge e+ metro Toronto, for example, is Newnor $00 1) 1 1 +%| R Nodwell 200 215 200 215 $5,500. Under the new NHA N Que Ragi S00 490 490 490 | Ronald Fd 300 $164 16% 164-- maximum interest rates, the| A 4 i 1000 lh ae Se + V A 162 16a -- ve b . t t amen bf - He nt 2 panda cf yh go LL aad % \lowest annual waze that would n inves men Norlex 4 a, BN a a +4 St Maurice 500 38 38 38 «+2 \be accepted for an NHA loan - 3 lorthge' Sal nN a y Normeton wo tao tao tw Tt | semen, MEH Mt -- We lwould be $8,012. , that won't let you down. Obaska 1000 10 10 10 +1) Secur Cap 500 340 340 340 +3 | In @ place like Toronto,| Opemska =--«*1150 $11 10% 10% -- 98] Selkirk A 200 $18 1818 \where the average price of a Pamour 200 199 199 199 +3] Shell Inv p 175 $328 32% 32% i Patino 576 985 985 95 +10] Shell Can 22 331% 18 aise -- [Hew home now lias risen to Pato 850 600 600 400 +10! Shop Save 215 $14% 144 14% + 19 ($29,666, even that $8,000-a-year a ee ue ae ie ae ee Shully's 150 245 245 245 man could not get into the mar- Pine Point zl00 s8 $3 4 Sister's =o as sie he n*_y,|ket, one real estate official acer . Siater A wh 1100 455 455 455 said. | r Pyramid 100 S98 395° 39s = S| Sosemine $0 BIA ARS 16 Assuming he had--somehow Go-ahead people buy their. bonds at 7 am 462 4b¥2 Aba -- 1 gue che GM TN") Saving 0 'are me Tag tu|--8aVed $7,000 cash, he would) TORONTO-DOMINION Q Matte 10800 159-150 159 +11 ritell Can 13 Sh Zhe Wh + * still need a $5,000 second mort-|\! the bank wi | uptst com \ 3 . Que Sture zi00 7 7 27 | Texaco 188 $494 "Sav4 "save 2'3,{8age plus the $18,600 maximum) e Bank where people make the difference, Rio Algom 875 $37! 37% 374+ Thom NP 125 $38% 38% 38% -- Ye NHA loan to buy a new house Rio Alg c w 550 $212 21% 21% + = seeceseaes Rix Athab 5300 24 222 24 +1 Romen 400 $28 «627% 28 +h Ryanor 1000 16 166 Bate! 11500 S856 SK OO + 8 Sherrit? 1350 S60 S55 S60 --~ 8 Bilvrtids 600 405 405 405 Silvme 2200 32 2 2 Sil Stand 500 70 7 7 mY Steep FR 1000 460 455 455 +85 ® Soltiven 300 370 «370 270 --10 Sunburst i000 19 «O10 : Teck Corp 860 SIS S15 BIS 48 e Trin Chib 1900 «18 1s eS U Asbestos 474 860 850 850 --I15 U Buffedn 2100 40 Urban © 1100 4 "4 "4 West Mine 500 260 260 260 +8 Wilco 1900 48 a7 a Windfall 1000 18 18h 184+ -- Yale Lead 500.260 6K Yk Bear 2600 290 288 290 + Young HG 0 7 7 elie | Zenmac 1500 224% 22 22 --4J OILS, GAS Alminex 4110 $60 SSS S60 Asamera 500 $75 57S 575 + § Bantt 1600 $15'2 15% 1514 Braise 300 140 140 140 Calvert 100 «(24 rd I 1 CS Pete 2200 283 272- m0 4 4 | Cc Deh $00 318 #315 315 + § C Delhi w 7300 45 45 45 C Ex Gas 1300 575 $70 570 48 C Gridol! 1676 835 820 835 +10 | Cdn Sup © +100 $44 4d dk + Cdn Trient 125 825 825 825 +645 Cent Del 435 $20% 20% 20% C East Cr 266 108 108 108 Dynamic 3700 724 220 22 +10 French Pt 1150 705 700 705 Gr Plains 100 $1814 1814 1814 + '» Gt COllsds 450 $1434 14% 1434 Int Helium 700 345 345 345 +5 MIL City 4800 171 «171 «171 «+74 N Cont 3000 110 105° 106 --4/ NC Oils 100 615 615 615 | Numac 1700 445° 445° 445 Numac wt 4820 128 124 125 Permo 15000 27% 27) 27'4--1% Pinn P 19675 335° 325 335 +10 Place G 600 298 297 298 +1 Ranger 3450 410 405 410 +5 Ranger rts 4025 42 40 42 +2 Spooner 7000 9 «68 8D Triad On 4600 734 232 233 ~71 U_ Canso 520 375 375 375 --$§ W Decaite 6200 350 350 350 Abitibi 165 3 94 Hat Alte Gas T 335 $35 35% 3512 i Algome sf 3 $734 24 23% -- Va} Alcan 1 $30% 297% 30 va! Alcan pr a Alumin 2 Anglo-cn Anthes 4 Argus © pr Asbestos Auto Elec BACM Ind S16% 16% Bank Mtl 225 $12% 12% 12% -- % Bank NS 710 $14 14 14 Beatty $7 7 7 Beaver L 1000 $334 334 33'4 Becker B @ 100 S8% 8% 8% + % Beldng Wi 100 100 100 100 --140 | Bell Phne 2158 Sé6e 46 46 Bow Viy w 250 $11% 1184 11% | Bowater 195 SBA Bi Bia + Ve) Bremaiee 3B $144 14am 1h Crazilian 836 $144 We 14a BA Ol 245 $37%-- 37/8 37/2 --~ Ve BC Forest 75 $21% 21% 21% Sc Frest @ 3 $50 5S DD we BCPh 6 pr WSl0d 104 104 +7 Gr Intl Fin 270 125 125 125 Buntin Rid 275 31) =10% =17 CAE Ind 375 $114 112 Nhe -- ve CAE Ind r@ 1810 64 6 64 --?} Calgary P30 $25% 251% 254 + ta | Cen Cem Z10 $3744 37% 37% Cen Iron $00 $224 2 2 + Can Malt 200 $234 23'2 23'4 + A} Cen Perm 250 $11% 11% 11% Cdn Brew 1404 $7/e Pe V+ Va CB Alum A 100 $17% 174 Ta--- %& Cdn Can A 100 S11% 11% 11%e -- Ve Cc Curtiss 9100 190 185 1919 +8 Cdn Equty 100 415 415 415 +15 | Cc Imp Bak 2727 $134 13 13% -- Ve! C Ind Ges Zl $10% 10% 10% ciL 130 $17%-- 17% 17% Cc Marcon 2610 She be fe + CPR 1318 B62 624 a -- % PAINT and WALLPAPER SALE 0% © DULUX GLOSS ENAMEL 1 pints reg. 1.35 25¢ © FULL WALL MURALS ........ 3314% off @ ALL |B PAINTS... ..... 20% off © ALL GD PAINTS........ 20% off Savings Up To 96 YEARS Free Parking AT | ot Reor 85 SIMCOE -- Off William | NORTH St. Eost PAINT and WALLPAPER | | | | ment statistics showing a rise in living costs and wholesale industrial prices in the U.S. this reach nearly three per cent b' 10-year high of 3.3 per cent, Mera Zenith most significant move into consumer prices." GEORGE TAYLOR aoe A de ke nar ad rising YORK (AP)--Govern. |Prices. Meanwhile, .{in short supply. d of the year, commi reported. jcent i If they reach three per cent, spring lines. they would approach last year's} Admiral, Philco, said prices \their upward movement. Allied Chemical Corp. said it is boosting its price of sulphuric continued $2.25 and $3 week gave President Johnson}! | : : . additional arguments for his|acid, a widely used industrial 10-per-cent income tax increase| chemical, between proposal, a ton. : Living costs are up 2.7 per| Freeport Sulphur Co. said ft cent so far this year and might|was increasing by $5.50 a ton Living Cost Statistics Back LBJ On Increase The Ford auto strike went into its fourth week meantime with no immediate sign of set- tlement. vjits price on domestic sulphur, Magnavox they would raise color television prices, fol- said. ; And Ross added: "A tax|lowing the lead of increase would mitigate price |of America. pressures," | Crucible Steel Corp. no move- jeut. Chrysler, called wholesale devause Radio Corp. said it He said wholesale prices rose|would raise the price of stain- five-tenths of one per cent injless steel in bar, sneet and strip the last two months after five|form. months of virtually There was one notable price which had prices|announced 1968 auio prices cuj "they |its prices by about an average of $31 a car from those origiral- The administration argues|ly announced. 'This would make Canadian|that a tax boost ter . With the Ford strike, production this week was esti- mated at 140,858 cars, from 147,447 the previous week. In other economic develop- ments, the commerce depart- ment said corporate profits fell in the April-June period for the third consecutive quarter. sioner Arthur M. Ross of the) Some _ shoe manufacturers|Rofore tax profits totalled $78,- bureau of labor statisticsjannounced three io four per/9o9,900,000 at an annual rate in price increases on some|the second quarter, down from {$79,000,000,000 in the first quar- Imports declined to a season- ally adjusted August total of $2,114,800,000, lowest since August 1966. Steel production totaled 2,- 440,000 tons, down from the pre- vious week's 2,469,000 tons. Always there with ready cash 5D. 500 or more auto down 1966. Total welfare !ment for this year. GIVE MONEY MONTREAL (CP) -- Montre- alers contributed $20,850,739 to 89 subscription campaigns in objectives were $28,148,211. Of the contri- butions, collection expenses amounted to $1,475,289, leaving $19,375,450 net proceeds. rier Morand of the city's social department appeals seeking $33,166,611) would take|them about $140 above the 1957|/were authorized by his ide in 1966 says 86 NIAGARA FINANCE COMPANY LIMITED. 286 KING STREET W. 723-3487 Lau- $< SDS BEST VALUE IN COLOR *(699.00 That's all you pay when you trade in your old TV set -- let your old set help pay for something new). BIG 25 IN. RECTANGULAR Westinghouse Again this yeor, world series excitement is building up day by day as the major league teams continue the pennant race, All the excitement . . . tension . . . action ef the World Series can be seen right now, as the 1967 pennont race goes down to the wire! If you have an outdated, small screen television . . . if your present TV set has @ built-in "foggy" picture, takes too long to warm up, TRADE IT IN! Shop Cherney's! Take advantage of Cherney's liberal trade-in allows ence! Get yourself @ big 23" stadium size black end white set or @ Westinghouse color television with @ rectangular shape screen, Budget terms ¢an be quickly arranged, nut veneer cabinet. LOR TY REGULAR $995 QUALITY A WITH YOUR TRADE-IN There's a lot to say about this set ond it all adds up to better viewing pleasure. But if the technical terms have you confused -- forget them -- come in tomorrow and we will show you THE BEST VALUE IN NEW COLOR TV! This set offers you instant-on sound ... picture in 6-8 seconds. Instant color with automatic degaussing. Biggest 25 in. color picture. Custom designed control panel with illumin- ated channel indicator, Simplified color tuning with eolor tint controls. 25,000 volt picture power. Memory fine tuning. Transformer power supply. One year picture tube warranty. Contemporary wal- hern CHERNEY'S FURNITURE WORLD - THAT'S WHERE THE COLOR IS! &) DONALD DUCK LI'L ABNEB a TOOTS. HOW IWOULD YOU LIKI TO GO TO "KISS AND TELL"? JULIET JONES MICKEY MOUSE GRANDMA MUGGS AND SKEETER

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