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The Oshawa Times, 17 Mar 1959, p. 11

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10 THE OSHAWA TIMES, Tuesdsy, Merch 17, 1959 TODAY'S TORONTO, MONTRE TORONT lot, xd -- Ex-dividend, rights, xw--Ex-warrants.) Industrials Net Sales High Low 11 a.m. Ch'ge Abitibt 165 $3814 38% 38% + W Alta Dist 200 330 325 330 Alta' Dist vt 300 260 Alta Gas 180 Alg Cen vt Algoma Alumini Arcan Argus Ashdown B Atlas Steel Auto Elec Bank Mont Bank NS rT". © Stock gEEsius - = 2 Duvan East Sull Elder Eldrich Expl All Falcon Fwest Tung Fatima Francoeur Frobisher Geco Mines Geo Scien Glacier Gold Mas GF Uran Grandroy Grandue Greyhk Gunnar Gunnar wt H of Lakes Headway Heva 1+ BEE IFS +41 EHH FREE FY LH ot Stock ° Sales Righ Low 11 a.m. Ch'ge 44 4 a 41 289 259 29 1 m mam "a 4 « 1% 13 13 ---W 8 oN MN -% 16% 16% 16% + f AL STOCKS Sales High Low ey Ch'ge MONTREAL By The Canadian Press Stock March 1 Ll E hb 17 (Quotations in cents unless marked §. §--0dd lot, xd -- Exdividend, xr--Ex. rights, xw--Ex-warrants.) Industrials Bales 25 150 1230 Argus 123 Argus 240 pr 60 Asbestos 851 Bank Mont 425 Bank NS 100 Bath Pow A 100 Bell Phone 777 Block Blook Abitibi Algoma Alumin 11387 MONTREAL (CP) -- Toll changes on goods moving through the all-Canadian Welland Canal will mean higher transportation costs on inland water shipments. Such key commodities as coal, fron ore, newsprint and grain, STOCK MARKET NET EARNINGS which hitherto moved free through the Welland Canal, will bear the added costs of tolls this year, Shippers are hurriedly evalu- ating the effect of the toll levy, confirmed by Transport Minister Hees last Thursday in the Com- mons. Canada's inland shipping indus- try and major business interests using the Welland Canal fought Steel Company of Canada, which brings in coal and ore for use in its Hamilton steel mill, The Ontario Paper Company once threatened to move its Thor- old, Ont, mill if Welland tolls were imposed. The toll hasn't turned out as high as it feared and the company will probably remain, but it is caught in a price squeeze on the newsprint export market. Seaway Toll Levy Skyrockets Costs Lake Erie. It takes ships around the gara Falls. | Canada is spending $29,000,000 fo deepen The canal to seaway stan s. The toll is being levied to repay this hereto doiad -The rest of the seaway, seven locks and four canals in the St, Lawrence River between Mont- real and Lake Ontario, will be finished this year. Bell rts Bowater ppr 368 First ships are to use the new Other Ontario Industries say they face similar difficulties, system, built at a cost of about Canada and the United States,| The Welland, built almost 30 $450,000,000 Canada and the ended Nov. 30: 1958, $3.435, 1957, partners in building the St, Law.|Years ago, links Lake Ontario and|United States, early in April. 699, rence Seaway, agreed to collect : Howard Smith Paper Mills tolls on the Welland -- two cents Geco added ¥%: Ltd., year ended Dec, 81: 1958,/per gress registered ton of the I tri mg Eases adds Pi $6,088,527, $3.09 a share on 1,857,- ship, plus two cents a ton for n us 1d § Opemiska cut its early % loss to. 910 shares; 1957, $6,689,870, $3.66 hulk cargo and five cents a ton % but International Nickel failed - on 1,742,750 . shares. for general cargo. to recover, off % at 93 ac 2 lional Nickel Co. of can Partial transit will be half the estern Among speculative mines Cane ot ec. 31: price. : y 1958, $39,865,000, $2.71 a share,| Another tariff schedule was set ide § Suh bos Colds U.S. funds; 1957, $86,141,000 $5.90|up for the new seaway -- four hd Steels, papers and foods were U.S. funds. cents a ton for the ship, 40 cents 1 ose easler, T. G. Bright had the best James Robertson Co. Ltd., year|a ton for bulk cargo and 90 cents gain, up 5% at 42%, Ogilvie gided Nov. 30:1958, $70,228, 1957,/a ton for general cargo. TORONTO (CP) -- Industrials| Flour was off 3% and Loblaw SRL a ids ded The Welland toll hits shippers|and western oils were big losers/Inc. 3 among losers. H. p na four, eu e {moving goods within the lakes. but the rest of the stock market| Massey - Ferguson, was the an. :624,700, $1.53 a|Ontario Hydro, shipping vast ton-|inched ahead in active trading. |most-active industrial down % af shave; Year 33 Sed dan 5 1958, \nages of coal through the Wel-| Industrials dipped 1.87 to|l4. The company falled to in. 3 week ,621,541, $1.21. land for power purposes, will 533.38, their sharpest single ses-|crease its dividend Friday as was 'estminster Paper Co. Ltd., have to either absorb the toll|gion 'Joss since Feb. 9. Western speculated. Jeu Suded Dec. 31. 958, $915. cost or pass it on to power cus-|olls were off 1.08 to 131.56, a new| Seniors were weak in western A a share; 1957, $923,744, tomers, 1959 index low. Golds added .17|olls and mixed in golds. An ex- 85, The same problem faces the(and base metals .04 to 90.48 and|ception among oils was Calgary 190.66 respectively. and Edmonton, down % at 30%. The final volume was 5,210,000 shares, the lightest session in al- most two weeks. Friday's total was 5,490,000 shares, A two-cent a nd increase in the custom smelter price for cop- per in the United States stimu- lated base metals to recover from early losses. however, had INCREASE IN Most seniors, {only small gains. Hudson Bay led Newspaper Ads Seen Best Ever A study of audience coverage has been completed by Publica- tion Research Service for the U.S. Bureau of Advertising, The city chosen for the study was Beatty Bell Phone Bell rts Bowater Brazil BA OI! BCE 4% pr High Hig = to keep the route toll-free. They Int Nickel failed. EHH By THE CANADIAN PRESS Feralco Industries Ltd, year SgsBsssysses Sew 2388 CH Gen Pet A Home Oil A Home Oil B HB Oil G HES Jupiter Cal Pow 40 Can Cem pr 150 $28 Can Iron 50 L : 73 C Bank Com 406 C Bk Cm rt 198 200 178 » 4 64 64 64 4 233 $1944 194 19% 290 284 290 17 21 [.] 31% 135 405 161 5 ve i ak 0 RD EE G40 SS Te a BET EEEEE ¥ +l1l+]l++] " 1B 114 11% 11% +1% 83 83 53 2 110 110 24% 24% +14 14% -- 55 Cdn Celan 14% 920 920 €. Collieries CIL C O01 wiss3 CPR +3 Lorado Lyndhst Lynx Macdon MacLeod Madsen Magnet Maralgo Con Gas Dist Seag Maritime Matatch Maybrun McWat Ment Merrill Milliken Min Corp Min Ore Moneta Nama Cr Mines New Ath New Atl New Bid 1750 365 360 360 New Delhi 2500 9 9 N Go'dvue 215 Uh 1% 1 Hosco 300 00 100 e 21 20% 20% 100 354 35% 35% 2000 22 211 214 8% 8 8 13% 13% 13% 00 #8 100 Eddy 5. Fed Grain pr 50 $27% 27% Ford A 115 $123 123 Fndation 270 $16% Fr Pete pr 200 750 175 $42 a% 105 $414 41% 400 $29% 29% 25 $245 24% as wt 5 285 GW Co. Y 6 Gr Wpg G 650 $10% 10% Great West 188 $74 68 Gypsum 585 $484 48 Hees 2100 $9% 8% Imp Oil 414 s41%, 41% Imp Tob 210 $1314 13% Ind Accep 440 $38'z 38% I Ac wis 100 $13% 13% Inglis 300 $514 5% Inland C pr 210 $19% Inland Gos Intprv Inter PL Inv Syn A Iroa G pr Kelly DA Kelly wis Kelvinator Lafarge A Lob Co A Lob. Co B Lob Co pr M Leaf Mill Mass-F Mid-West Molson A Windfall Advocate Alba Expl Algom Anacon Int Nickel Interprov PL 75 Iroq Gls pr 200 Jamaica 425 Labatt 100 Laura See 35 ower St L 205 Mackinnon 100 Macmill B Mass-Fer 4980 Molson A 165 Molson B 22 Mtl Trust 25 Nat Stl Car 100 Noranda 360 Ogilvie 4% § Pac Pete Page Hers Penmans Powell R Pow Corp 814% 100 ? $12% 12% d 4 46 rma or N Rouyn Nickel Ms Nor-Acme Noranda Norlartie Normetal Norsyne N Gate N Rank Northsp Obaska Anglo Hur Ansil Apex Res Arcadia 1 12% 46 5 5 20 20% 142 142 18% 18% 900 $57 275 $8214 255 $30% 50% 675 $30 200 $12% 750 Sf 11125 1 100 84 OF INVESTMENT OVER 9 YEARS $10,000 invested Jan. 1950 n- 000 1000 2625 500 2500 6450 Bankfield Barnat Base Metals Baska B-Duq Beav Lod Belcher Bethim Bevcon 173 114 114 $11% 1% 11% 50 4 46 9% 10 6 L 85 $39 39 25 $38% 38% 35 845% 454 100 815% 15% 16895 8144 14 665 155 155 25 825 25 Moore 87 $102!4 101 Nat Drug 240 S$15% 15% Nat Drug pr 735 $15% 15% N St Car 2115 $17% 17% Nat Trust z15 $52 N Star wts 36 130 55 NQ Pow 1 pr z10 $43 O Jockey 400 260 O Jock wits 100 55 Orange Cr 20 $5 5 Page-Hers 200 $344 344 PC Jewel 200 $23 23 Powlel R 250 $40'4 40% Pow Corp 25 $68 68 P Pipe Mig 100 455 455 455 -- Q N Gas 1050 $203% 20% 20% + W Roe AV Can 290 39% 9% 1 195 $10% 10% z150 $19% 19% St Maurice 270 95 Salada S n 2995 816% 168 405 810% 10% 15 + % 14 155 3 --U 10216 +1 ' 15% ns INVESTORS . with re-invested dividends wes - worth $28,544 in Jon. 1959! Akron, Ohio, Corporate Investors dividends have The study shows that on a/been paid continuously sincey given day, 86 per cent of the 1933! ' women in the market area read|. | the local newspaper, the Akron|T® learn more about Canada's y Bl | Beacon Journal, whilé 80 per cg't|Mmost consistently profitoblej saw some television. The best-|form, of investment telephone fi |rated television program that day| RA 3-4339 or write: hy: reached 34 per cent of the women. | BONGARD & The average program audience| 00., ; was five per cent in the morn-( of we Deslen | ing, six per cent between noon Assoclotion of Conde A 4 and 6.45 p.m., and 13 per cgnt PEF ST OSHAWA REPRESENTATIVE Bl d, the B @ other hand, @ Bureau E. D. JOHNSTON 968 Mohawk Street {pointed out, in the case of the newspaper the advertising mes- Toke the first step toward your future security tedey! Peerless Pick Crow Pitch-Ore Preston Pronto Que Ascot Que Chib Que Cop Q Metal Quemont Rayrock Rix Athab Rockwin Sheep Cr Sherritt Sigma Siscoe Slocan VR Roe AV C pr Royal Bank St L Corp Salada-S Shawin Shawin A Simpsons Steel Can Steinbg A 345 Trans C PL 200 Triad Oil 200 5 U Steel 225 Walk GW 230 Zellers 230 72 410 HU -- 4% 23 +1% 0% + % 59 37 156 413 410 70 20 36 160 7 Ang-Cdn Ang Nfld Arcan C Dom Sug C Ingersoll C Marconi C Power Catelli A ° 4 7 7 $14% 14% 14% 19 19 19 Sullivan Surf Det Teck-H Temag Thom L Tiara Tombill Tras Res Vetures Violam Weedo Wiliroy Lois DIY Sex |sage "is always available to the N Cons Paper reader -- always ready and wait- ing to suit the time, the place fa | ANTI-FEDERATION LEADER |x comyenience" of ine For Pw ers. Of the 86 per cent of Akron Sir Alexander Bustamante, | ponents including Prime Minis- Steinbg A 8 Prip wis Suptest ord Fen 500 C Haliwell 13600 Con M and § 655 UH AU Au 265 $334 33% BU 188 185 185 Lambert A housewives who read 'the local Please supply me with further Trans Mt n HH, 30 Un Gas 219 Lobl Co B \ Curb Anglo-Nfld 200 $7 7 7 725 $1214 12% 8200 210 205 343 $344 344 4H 55 $374 37 74% 100 $40'4 4004 40% 5% S404 Un Steel Un Telef Walk GW Gre A on A Weston B West A wis 10 10 A wt 100 $10% Deer Horn 1500 ACT AMENDMENT MILK INDUSTRY BILL Wiltsey wr Harg 500 1800 4823 1300 500 Yuko Co 1000 218 8 1 182 152 38 35 "38 147 142 nn u.n 0 6 Sales to 11 a.m.: 998,000. 2708 225 50 100 150 100 Trans C Crp Trans Mt Union Gas Waterman |fence for violations of the act|cessors council which would rep-|ease and ensure that consignors or any regulations of local board.|resent processors and distribut- are paid for ors. The council would handlecommunity sales. Community livestock sold jn ter Sir Grantley Adams, be- lieve Sir Alexander is playing on anti-federation in a bid for power and that once he is in power he will drop that policy. However the current premier of Jamaica, Hon. Norman Man- ley, has also hinted that in fiery and crowd-pleasing Labor party opposition leader in the Jamaica legislature, has be- come a leading advocate of se- cession of Jamaica from the 10- island Federation of the West Indies. Regularly seen with top newspaper, 'each and every one had the opportunity to reach each and every ad in the news- paper." It was pointed out that the newspaper had the further ad- vantage that 'an approximately equal percentage of men and young people had the same op- detells of Corporate lavesters Neme wu cave savsvnaceons Address .,ounonnssane sxe nn hat and striped trousers, he has built an anti-federation plat- form for the next election, ex- pected within a year. Many op- future Jamaica may pull out of the federation unless her inter- ests are protected. --CP Photo customer and prospect. portunity, Thus the newspaper audience covered every kind of Bee ane JHONKS SUNY VERCEEATS An amendment to the Milk In-|price disputes between producers sales, which Mr. Goodfellow said dustry Act, introduced at theland transporters instead of milk have "increased greatly' would same time, contains similar pro-/industry board. |be put under the control of the visions concerning plebiscites. A third bill, called the Live-ilivestock commissioner and su- The bill would provide for stock Community Sales Act pervised by government -ap- creation of an Ontario dairy pro-| would prevent the spread of dis-|pointed veterinarians. House Hears Market Bill TORONTO (CP) -- A bill de- powered to revoke any regulation signed to meet objections by the or order by a local board. It courts to farm marketing pro- could require processors to de- grams was introduced in the leg- duct from payments to produc- + islature Monday. ers any fee or levies owing it. The bill, an amendment to the, It could order a plebiscite at| Farm Products Marketing Act: [any time but could not be re- Gives the cabinet broad powers quired to do so if 15 per cent of| over arm marketing schemes. the producers petitioned for it. ves stronger powers to the farm products marketing board; The bill says if it appears that 4 : h an 'irregularity, failure, non- Provides protection against le- compliance or mistake did not gal attacks against plebiscites on yeront the result" of a plebiscite the ground of irregularities; lit cannot be declared invalid. Validates marketing programs Provides penalties of a max covering asparagus, beans, fresh| mm of $50 for the first offence peaches, berries, pears, plums, ..; gs to $100 for second of- CONVERT YOUR HEATING WHATEVER ITS TYPE... WHATEVER ITS FUEL... [0 _ NATURAL GAS == IT'S CLEAN... SILENT... DEPENDABLE i" and LOW COST > ee ITHE IB. monthly Installs complete gas forced air furnace, in- cluding labour and materi- als toconnect with nearest existing basement ducts. sontrols. Also wnits for hot water and steam systems and for "design" furnaces. 14 ONLY NATURAL GAS HAS ALL THESE ADVANTAGES ECONOMICAL -- Lower In equipment costs, Installation and aisnance, than any other automatic heating equip- men PAYMENT -- Fuel Is pald for after, not before, use . . » convenient equalized monthly payments, if desired. MODERN AND COMPACT -- Units are compact, stream lined to occupy minimum space. CONVERSION IS EASY -- A Natural Gas "conversion burner" can be installed in most furnaces in just a few hours. There is no fuss nor muss. CONVENIENT -- Requires no furnace tending . . . no fuel delivery, CLEAN -- Burns without smoke, stain or residue. Saves on redecorating costs. DEPENDABLE -- Always available. Not subject to Inter ruption by weather conditions. SILENT -- Burns without noise. BEST SUITED TO AUTOMATIC CONTROL -- The steady supply assures continuous performance with even heat, 3 automatically controlled. FREE BURNER SERVICE NOTHING DOWN, EASY PAYMENTS OVER 5 YEARS ON MONTHLY GAS BILLS Your Gas company does not employ door-to-door salesmen nor telephone canvassers. For information about dealers licensed by the Ontario Fuel Board to sell and install natural gas equipment call or write the Sales Department of (Yonsumers' (tas "YOU'LL ALWAYS BE GLAD YOU CHOSE NATURAL GAS" A BNS Home Improvement Loan -- the best way to fix up your home Fix up your home, too Home Improvement Loan. Repayment can be spread over several years, with instal. ments tailored to your convenience, Visit your BNS manager and discuss your plans. Right now is an excellent time, When your home needs any kind of alter- ation or repair . , . adding a room, repairing the roof, redecorating . . . and you don't have the necessary cash--come to The Bank of Nova Scotia for a low-interest The BANK of NOVA SCOTIA Manager: Oshawa Branch, Kingsley M, Hume. SCOTIA LOAN fiscal year 2 weeks) to- 9, compared with the year ended cherries, tobacco, vegetables and Inco Ltd. amend or revoke marketing plans. regardless of any determi-| {annual report states. po This was equal to $2.71 a com- 4 i y uid 4 $4.624.709 or £1.53 a share. an in-imetals, lower prices for copper crease from $3,621,541 or $1.21 a apd a strike that stopped produc- weeks). Combined profit from opera- balt, iron ore and other products ¥ tions and income from invest- which would have been readily wheat. GIVES CABINET CONTROL The marketing bill, introduced by Agriculture Minister Goodfel-| low, was accompanied by a note . which said the amendments em-| power the cabinet "'to establish, alnin S gation of she Farm Producis $39,655, 00 Marketing Board in respect of a plebiscite." NEW YORK (CP)--Net earn- The marketing board is im- ings of the International Nickle TTT TT TT iCompany of Canada lid. and, . ' |subsidiaries were $39,655,000 for| Simpson S Ltd. the year ended last Dec. 31, the Reports Net |mon share compared with $5.90 la share in 1957 when net earn. | ings were $86,141,000. y A The company said. the drop in i i ,_ (earnings reflected the lower de- TORONTO (CP) -- Simpson's, mand for nickel, sharply reduced Lid. reports a net profit of prices and deliveries of platinum share for the year ended Jan. 8, tion jt mines and plants in On- 1958, tario in the final three months of Net sales for the the year ended Jan. 7, "In addition to the direct costs] talled $147. involved, the strike prevented the $143,313.995 for company from producing sub Jan. 8. 1958 (53 stantial quantities of copper, co ments amounted to $12,139,423 be- saleable," the comprny said. fore depreciation. inierest on de- "Deliveries of nickel, not af dentures and provision for "in- fected by the strike because of eome taxes, compared with $10.- unsold stocks previously accumu- 238.727 for the previous fiscal lated, were 84,000 pounds less poor. than 1067, | J " MONEY , PROBLEMS? Fd SOLVE THEM WITH A A

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