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The Oshawa Times, 25 Jul 1959, p. 12

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CS eee -- 12 THE OSHAWA TIMES, Seturdey, July 25, 1959 Weekly Summary Of By The Canadian Press d by 374 to 320 on the Toronto Stock Exchange this week. Issues unchanged totalled 186. Volume for the week was 8,933,000, down from the previous week's 9,075,000. Total sales for the year to date are 523,088,022. (Quotations in cents un- less marked $.) This Week. 1909 High Low Close Change High Low $11% 11% Uk -- % $54 53 33% Stock WEEK'S MOST ACTIVE TORONTO STOCKS This Week 1958 Stock Sales High Low Close Change High Law INDUSTRIALS Stock Market Activity This Week 1908 Stock High Low Close Change Hasaga H of Lakes 43000 -1 Headway ---2 -% +1% +30 + % ---2 ~eee--T hails Week. Stock Sales High Low Close Change Sales Mill City 2 27 23 26 Nat Pete 235 2 ~5 N Bristol 50 95 3 ~1% N Cont "© 3 1 N Davies 6500 22 +1 N Superior 2 --2 Northeal 15 --} NC Oils 1 300 5 §2 NCO wits 125 4 Northld 3000 22 -2 39035 $15% 15%. 15% + % 10%: 2330 $9% 8% 9% 20008 N Mylama 606500 Can-Erin 379038 Magnet 308900 Martin 303600 0 to Inspiration Int Nickel Int Ran Irish Cop Okalta 33 7 8% 2 Pac Pete 12045 $13% 13% 13% -- % Pac Pete wis 490 890 850 850 Permo pr 11222 120 Iron Bay Peruv Oils 5000 133 we - 3 Iso Uran Petrol 30350 177 J Waite Phillips 8100 100 93 2 Jacobus Place 71725 131 sm Jaye Expl Ponder 2100 20% b 20 Jellicoe Prairie Oil 1500 Joburke Provo Gas 23104 285 Joliet Quonto 16125 1 Jonsmith Ranger 4400 Jowsey Reef Expl 15000 Kenville Rocky Pete 10 Kerr Add 1 19269 49100 17605 1900 7600 12500 34000 13525 8600 7500 1900 69800 8364 3500 5510 43 43 $100% 97% 23 20 2% 221 210 200 ---2 Industri ustrials And B 7% 38H + % 2% 2% 19% 20 4+ y% 18% 18% + % 315 3 --3 250 275 150 155 % 28% a Molson A 19% 20 Molson B 24 66 66 % Molson pr 95 825 8% Mont Loco 500 34% Mont Trst 2 21% 3640 338% 400 $233; 400 $20 1108 $18 16255 325 M West wis 1100 Milt Brick 575 726 $19% 19 $49 49% 49% +1% 6% +5% 16% + % 16% 27% he + % 10811 $46% 40% 5S 4" 195 816% 16% 8% 8% -- % Vi 81615 16% 475 45 +10 7 Vi 827% 27% 825 82% Anglo Am 700 845 2 52% 50% + % "4 ou Ang Pulp pr 495 $52% Anthes. Imp 310 $44 Argus 1710 $404 5 Argus 240 p 420 $89% 87% --244 Argus 250 pr 400 $48 ry + 14 Nor Star A Ash Temple $7 7 + Nor Star pr Atlan Acc 1200 $8% N St wts 57 Atlan Acc p 500 $17% NO NGas Atlas Steel 3410 $28% NQ Pow Auto Elec 5 400 $341% Nor Phone Bank Mont 8418 $62% NW Util pr Bank NS 5014 $83 Bath Pow A 75 $49 Bath Pow B 135 $31% Beatty 1485 89% Beav Lmbr 882 $27 Orange Cr Bell Phone 17183. $4314 3% + 93 Page Hers Bowater 280 $7 7 6 Phbina Bowat 5% pr 235 $49 3 Pembina pr Bow Mer pr 35 $49% Brazil 12743 85% Br Tnk 50 $224 Br Tank pr 150 $47 11962 $37% 185 $421 9% 11% Ocean Cem Ont Loan Ont Steel Eng Powell R Pow Corp P Pipe Mig § Premium 2 R Little A BC Forest Roe AV Can 363 BC Pack A Royal Bank BC 1 Russell g BC Pow 3 : StL Cem A 15% -- BC Phone . 514 434% 45% StL Corp 18% 18% -- % Brown A 13% 14% +1 StL Cp A pr » 99 Bruck B 450 St Maurice 130 120 130 - BuildProd 35% 37% Salada-S $13% 13% 13% -- % Burlington 19% 20% Salada wts . 900 900 ' Burns 4 13 Shawin $31% 29% 31 + W Burrard A 7 Shawin A $3315 33% 33% -- C and D Shawin A pr 230 $41 41 4 1980 $95% 96 4 Shawin B pr 50 $46% 46% 130 425 425 350 425 Silverwd A 1175 $11% 11% 2107 $34 33% 33% -- 4% Simpsons 2827 $39% $28 2» 3 SKD Mig 28925 195 § 150 $16% 15 15 Slater pr 100 $41 4 Fils A 200 ' Somville pr 35 $51 51 Southam 350 $75 13 Spartan 570 500 475 Spartan wts 750 155 150 St Pav 1855 $60% 59% 4 St Radio 200 $17 16% % Stedman 910 $40 38% --] Steel Can 1800 $89%a 88% Steinbg pr 145 $101 101 Steinbg B pr 1920 $30% 29 S Propane 75 $18% 8S Prop wis 1315 750 & Suptest ord '1260 $15% Switson 100 00 5 3820 $18% 55 $99 --% Can Malt C Pack A C Pack B Can Perm CSL 868% 67% 68% 66 $47 47 47 Can Wire B 1645 $13% 13% 13% -- % C Bank Com 6116 $66% 637% 6514 + 1% Cdn Brew 3038 $40 38% 39% + % C Brew pr $30% 38% 39% + % C Br Alum 2115 17 CBAL A wits 3500 CBAL B wis 1320 Cdn Can A 225 Tancord 100 Cdn Celan 2275 $23 ' Tamblyn Jie CC : 3 Taylor PC 3865 o Texaco 1421 Thorncliffe 2700 Tor-Dom Bk 5017 Tor Elev T Gen Tr Tor Star pr 235 T Fin A Royalite Kilembe 5: Kilem C wits 5150 Kirk Min 5763 Kirk Town 3500 Royalite pr 125 Sapphire 6900 Sapph debs 60 Sarcee 10025 Secur Free 4700 26400 23200 8050 7000 Labrador Lake Cin L Dufault Lake Ling L Osu L Shore 248 L Wasa 5500 La Luz 300 Leitch 6316 Lencourt Lexindin LL Lac Lorado Lorado Louvict Lyndhst Lynx Macassa 330 Macdon Macfie Macleod Madsen Magnet Malartic Maralgo Maritime Martin Matatch Maybrun Mcintyre McKen 2000 4 wis 4000 Trans Can 300 Triad Oil 6738 U Canso vt 840 300 4535 750 3 314 3500 45000 3000 7100 2500 4000 24500 14600 15500 12500 8160 308900 3900 31100 17830 303600 5200 14800 925 Abacus 121832 Acad Uran 23200 Advocate 2650 Agnico 14434 Akaitcho 1020 Alba Expl 6200 Algom 2445 Am Larder 45200 Amal Rare 2200 Am Nephe 1500 Midrim Anacon 9833 80 Milliken Anglo Hur 380 2 Minda Ang Rouyn 2000 24 Min Corp Ansil 119270 Min-Ore Arcadia 3500 3 - Moneta 500 +2 Mt Wright 04 Multi-M Nama Cr Nat Expl Nealon Nello Nes Lab New Alge New Ath New Bid New Cal Bankfield Li] Le % New Delhi Barnat N Dicken Bary Expl 60 62 N Goldvue 18250 Base Mtls N Harri 2000 Baska New Hosco 41000 New Jason 7000 N Kelore 26600 Newlund 13300 N Man 24100 N Mylam 606500 Newnor 2000 New Rouyn 25660 N Senator 1500 New Taku 1000 Nickel Ms' 29336 ck Rim 9900 Nipissing 5220 Nisto 5500 Nor Acme 2000 Noranda 1254 Norgoid 1000 Norlartic 19400 Normetal 1726 Norpax 20600 Norsyne 8000 N Goldest 46519 N Rank 49370 Northgate 19230 Northsp 12965 North Can 22800 Norvalie 12500 Nova Beauc 600 Meta Uran 4850 10500 1245 500 8% Atlin-Ruf u Aubelle 3 Aumacho 15 Aumaque 11% Aunor Avilla Bankeno += 4000 13900 32000 11875 5500 7800 6800 72150 zc Buran vrzonsees + Belcher Bethim Bevcon Bibis Bicroft Bidcop Black Bay Bonville Bordulae Bouzan Boyar Bralorne Broul Reef Brnhrst Brunswick Buffad Buff Ank Buff RL 12500 Bunker Hill 3000 Cable Cadamet Sebalsl = v 8 £1 Astoria > Dyno ® Malart Obaska 4000 i and child -- fell to $1,633 last year from $1,681 in 1957. In Ontario the figure rose to $1,696 from $1,658 the year previous. This graph, based on Ontario has taken over from | British Columbia as' the prov- | ince with the highest personal | income. Income in BC--aver- aged among every man, woman "ONTARIO TOPS ALL PROVINCES bureau of statistics figures, pares the age in by provinces. ~CP Newsmap U.S. BUSINESS | Consumers Hit New Sale Peak NEW YORK (AP)--Consumers|compared with 85,519 in the same kept the U.S. economy steaming week of 1958. toward record peaks this week. | Signs of growing confidence Many businessmen were betting| among consumers showed up in that not even the steel strike|the sales reports of companies could stop the boom. making glass, chemicals, furnit- Stepped-up corisumer buying of Ure, appliances, swimming pools, just about everything held out the food products, shoes, cigarets,| promise of record sales for doz-|textiles and apparel. =} ens of major corporations. Renewed consumer interest in| The effects were already ap-|2Pparel gave the textile industry parent in the auto industry, cash-|its biggest life since the war-in-| ing in on its biggest sales bon-|SPired boom of 1951. | anza' since 1955. The week brought signs of up-| Ford, Chrysler, American Mo-|turn in the depression - plagued tors and Studebaker - Packard |railroad -industry. The Pennsyl- turned in glowing reports vania Railroad, which lost $25, {353,012 in the first half of 1958, PRODUCTION BOOMS {reported a profit of $6,298,659 for If Detroit was worried about|the same 1959 period. The New the steel shutdown, this week's| York Central, which also lost production figures didn't show it. more than $25,000,000 in the first More than 125.000 new six months last year, chalked up Fire To Mark End Of BC.'s Direct Debt VICTORIA (CP)--Premier Ben- nett will touch a match to more than $70,000,000 of cancelled bonds at Kelowna Aug. 1 and proclaim the resulting pyre as signalling the end of British Columbia's direct debt. He claims his government, in the seven years since it was first elected in 4952, has wiped out $191,000,000 in public debt piled up by previous governments since 1874 and adds proudly: "This is a record never equalled anywhere that we know But his opposition critics claim he has done it by "Juggling the books," by transferring what pre- viously had been classed as di- rect debt into the self-liquidating or "contingent liability" columns of the public accounts. ' They have uttered some biti words about the claims of the premier, who is also finance rolled off the assembly ,la six-month net of $10,128,634. , and his showmanship in Banks Dominate staging a bond- on the seventh anniversary of government, . Canadian Marts By GERRY MARTIN Canadian Press Staff Writer a turnover of more than 200,000 | shares. an, manufacturers of ven- with the high price tags, domin-inon.food items to Independenc ated Canadian stock exchanges Grocers Alliance, buiigiisinnin this week. from the trading list minutes be- Aside from banks, the markets fore the open Tuesday. It closed continued drifting with volumes Monday at $2.30 and was trading Ga cf. Are f Banks, the blue - chip dandies|tjjation equipment and a seller of | with a | Get . . . | MORE POWER | TOWF™ | © Fairbks pr 95 CF Prod pr 290 C Hydro Car 3517 CIL 237 $11% 11% $17% 17% $20% 28% $153 153 T Fin B T Fin 5 pe Tr Can PL 16640 Trans Mt 15095 $13% Trans PPL 435 $20 Union Ace 110 $11% Un Acc 2 pr 325 $11% Circ Bar A Cockshutt Comb Ent Conduits Con Baks Con Gas Con Gas A Con Gas B Copp Clark Corby vt Corby B Cosmos Crain RL Crestbrk 4035 10 255 155 845 240 129 3964 100 Crestbrk wis 100 Crown Trust Crown Zell Crown's N Dist Seag D Bridge D Coal pr D Dairies Dom Elect Dom El wis D Fadry D Magnes Dom Scot Dom Dose Dom Dom Dom Stores Tar Tar pr 100 150 100 7550 1860 25 1575 1630 150 3923 145 100 Scot pr 25 1315 2815 10430 265 $47 $104 $1045 $T% $20 $19 $13 $2314 155 30 $314 $53 $17% $34 $23% $54 $13% $14 975 $50 39 $35 $48 S211 $70% $19% $20 Dom Text 27570 S$11% * E to Econ Inv Eddy A Eddy Match Fam Play Fanny F Fibre pr Fleet Mfg Ford US Ford A Foundtn Fr Pete pr Fruehauf Gatineau 270 25 450 1730 850 1 96125 1268 "9 1715 220 110 1596 $404 $62 $30 $224 $17% $6% 115 $75% $181% $15% 385 38. $7 $40% Gat 5%pec pr 30 $106 Gen Bake G Dey Gen Dynam GMC GP DRill GP Drill A GS Wares 1180 905 295 573 800 11000 1225 GS Wares pr 85 30 Goodyear G Mackay A 855 GL Paper GL Power GL Pow wits GN Gas 11340 830 1265 8710 $9 $18% $50% 4] FTE Let Exs's Un Gas 7805 Un Gas Ap 225 U Fuel A 110 U Fuel B Un Steel Un Telef Vie G Tr Walnwr Walk GW 829: Webb Knp 1110 Westeel 330 W Copper 450 W Cop wis 860 West Groc A 100 West Gr p 1310 W Plywd B, 630 Weston A 2389 Weston B 2051 Wstn 4% p 50 $93 Wstn 6 pr West A wis 500 $19 White Pass 1 Wood J A Wdward A Wdwrd A wt 700 Y Knit B 1500 Zenith 3750 280 Curb Ang Nfld Asbestos B Am Bank CD Sug Can Ving C Cottons 6585 1875 $33 25 $47 3286 $20 $19% 125 $106% 106% 18% BU TH Th 3k B 47 47 260 $38%a 430 817% C Cotton pr 62 $16%a CG Inv 525 C Ingersoll 100 $41 C Marconi 1120 $7 C Paper 1985 D Oil Cloth 400 2544 827 491 $121 MO Paper 2i0 Ogilvie Price Br Thd CG Inv 300 Zeller's Calalta Cal Ed Calvert C $42% $42% a 26 $38% 4 42% 42% 75 $52% 765 $44% $714 125 $36% ---10 + % +17 -3 ~2 O'Brien Oka Rare O'Leary Opem Orchan Orenada Ormsby C N Inca C Nwest Candore 5850 lower and index moves small Industrials at Toronto managed to push their all-time index mark to 552.94, but on the week, in- dustrials added little more than 1% points. on the unlisted market Friday at, $1.60-51.65. Brokers and company officials were at a loss to ex-| plain the sudden price drop. | Steels Yecovered from their) lapse of last week and pipelines, | GN Gas wis GW Coal A GW Coal B Great West Greening ¥ C Homestd 6333 120 C Husky 3471 $10% C Husky wis 810 575 Cdn W O 12888 200 125 100 OE WG 58 wis 40 Greyhnd 905 Guar Tr 35 Gurney Hard Carpet Hardee Hardee A Hees 700 Hendshot 600 Hendshot pr 25 Hardee rts 9605 Hi Tower 125 Holden A 100 H Smith 1855 Hur Erie 130 Imp Bank 2931 Imp Bk rts 18105 Imp Fle 3 Imp Inv A 1170 Im Inv 1.40pr 295 Imp Life 75 Imp Oil 49235 Imp Tob 3617 Ind Accep = 5588 1 55 1 7890 ne 1603 2980 si Sp pBp8.5,8 wus. 5.8.8 ¥ C Dragon C East Cr C Mic Mac 4715 365 Con Peak 2450 5 C West Pete 2125 485 Cree wis 58 12450 210 Dev Pal 4294 115 Dome Pete 2100 965 Duvex 19000 9 Dynam 27000 I L+1] 1305 40 '§ +1 1 +1 Fx%33; 2 rl =F Eastwood A 400 Fargo Gr Plains HomeOdl A Home Oil B 2433 $15% 14 HBO G 2554 $17% 16% Jump Pnd Jupiter Kroy +1 +] ++ $ - ay FEFEE RAE Landa LI Pete Long Pt Majtrans & Inland C pr Inland Gas Inld G wits 1450 Inld G pr 1450 int Bronze pr 125 Int Pete » sss Osisko Pamour Paramaq Pardee Pater Pato Patino wts Paymast Pce Expl Peerless Perron Pickle Crow Pitch Ore Placer Portage Pow Rou Preston Pronto Pros Air Cariboo Cassiar Cayzor Cent Pat Cent Pore Cheskirk Chester Chib Jac 1500 Chib Kay 16500 Chib M 625 Chimo Chrom Coch Win Cody Reco Coin Lake Coldstrm Colomac 2500 Comb Met 7765 Coniagas 4600 Coniaurum 3200 Purdex > Blkeno 11000 1 Que Ascot Beta G 2067 8 : 5 . Que Chib Callinan 16800 » ¢ 1 Que Cop Denison 20065 $15 ' 1 Que Lab Den wits 12166 25 2 3 2 5 Que Lith Discovery 4875 39 r ' y Q etal C Fen 2517 1 5 Qunston Con Gillies 1500 Quemont CG Arrow 2000 Radiore C Halliwell 88650 Rainville Con Howey 1400 Rayrock C Marben 2130 Realm C Marcus 3000 Reeves Con M and § 5512 Rexspar C Mogul Rix Athab C Morrison Roche C Mosher 2570 Rockwin Con Negus 2250 Rowan Con Con Nichol 1000 Ryanor C Nrthind 261344 San Ant C Persh 2000 Sand Riv C Red Pop 3250 Satellite C Regcourt 57200 Sheep Cr C Sannorm 2250 Sherritt Con Sud 20057 Sil Miller Conwest 1990 Sil Stand Cop Corp 10400 Cop Man 2000 Coprand 4309 Coulee 4900 Cournor 2000 Cowich Craigmnt Crestaur Croinor Crowpat Cusco Daering D'Aragon De Cour Deer Horn D'Eldona Dome Donalda Duvan 1800 14600 5550 17500 37212 3000 15860 3400 2600 79800 HeaBEREESS 9660 205 145300 43 110 oe zesedss - Siscoe Slocan VR Stdcona Stanleigh Stanigh wis Stanrck Starratt Steeloy Steep R Sturgeon Sud Con Sullivan Sunburst Surf Inlet Sylvanite Taurcanis Taurcan vt Teck-H Temag Territory Thom L Tiara Tombill Towag Trans Res Tribag Trin Chib Ult Shaw U Asbestos Un Keno Un Fort Upp Can Vandoo Ventures Violam E Amphi East Mal East Sull 2000 1 Francoeur Frobisher Frob debs 35 Geco Mines 2945 Genex 1100 Geo Scien 1500 Gnt Masct 34810 Giant YK 1417 Glacier 30950 Glenn Uran 3600 Goldale 4250 Gold Eagle 55000 GF Uran Granby 100 Grandroy 6750 Grandue 11415 Greyhk 37250 Gulch 3500 Gulf Lead 300 Gunnar 23586 Gunnar wis 5840 Gwillim 10000 Hard Rock 12000 Har-Min 16400 Yellorex Yk Bear Young HG Yukeno Zenmac Zulapa Curb Bulolo Coast Cop Pend Ore Yukon Con " 7% a * 2888 wu.es Banks have very little affect on especially gas issues, were the index and here the week's higher. Motors also showed strength lay. Six are listed on the strength on reports of increased board, but only-one, Commerce, is half-yearly earnings. up the index. All six banks were Massey-Ferguson led the most higher. active industrial list. However, it Observers had a ready number 8ained only 12% of explanations for the strength Massey - Ferguson announced a of banks. First there is a short- deal whereby they would pur- age of blue-chip stocks and those chase the tractor plant of Stand-| that are available are in demand. ard Motors of England. | Also offered -- banks are re- Index changes at Toronto: In-| portedly getting a bigger share dustrials up 1.57 to 551.56; golds of the small loan field, and theUP .17 to 90.05; base metals off almost unanimous belief that -2! t0 174.76; western oils off 76 earings will be higher. to 117.24. | Arcan Corporation, a $1.50 Index changes at Montreal: | seller in Januray with a high of Banks up 2.55 to 69.15; utilities | $8,621 in June, was hit by a wave UP -2 to 154.9: industrials up 1.4] of selling Monday that saw the !0 332.5; combined up 1.0 to 273.3; | cents at $15.75. "ANTENNA SALES # TV SERVICE | BRR ALS AND SAVE YOUR MOVE, FR=0 [PEINI.CY 50 FT. TOWER Displayed on our Drive-In Location Let Us Give You A Free Estimate Hamilton company drop $4.95 on BERCrS JF 29 to 470.6; golds up| Provinces ¥ Bond Deal Tops Week By THE CANADIAN PRESS | | A $50,000,000 Ontario provin- cial issue highlighted this week's | bond market as action erally limited to short and provincial bonds. | Bank of Canada treasury bills were awarded at another record | | average of 5.41 per cent on the 91-day bills and 5.66 per cent on the 182-day, term, up .22 and .26 per cent respectively. Market trading "following the awarding held around these prices Day - to -'day money also was tighter, rising to 5'4 per cent Pressure on the short marke' (came from both the Bank of Can {ada and the chartered banks | Tightening money and heavy was gen- Cnadia WHERE X CHARLIE ? iselling pressure combined to |drive short Canada prices dowr and rates up. All issues were of' lin seven-to-28-cent range The Provivce of Ontario came to the market Monday with a| $50,000,000 issue offered hm two open-end maturities, 5% per cent, | Aug. 15, 1969 at 100 to yield ii | per cent and 5% per cent, Aug. 15, 1979, at 98'% to yield 5.63 per cent. The 1969 maturity was trading at 99%. and the 1979 maturity at 98'4 Friday. Most dealers feel the| delaved settlement date, Aug. 17, will help them sell the issue at| a period when bond business is| normally slow. A delayed settle- ment date means the buyer does not have to put up his money .on| purchase. | HE HAS GONF TO BUY A USED CAR [nigh of 166. They ran more than|week ended July 11 this year. three times the number listed for) OTTAWA (CP) -- Health Min- the comparable 1958 week |ister Monteith said today the | The public health service said|latest paralytic polio figures--6? . Polio Cases . - H h A | Frid. the states d a total ¢ f thi r IgNer Fgan: rr the sates reported totaiicases so far this year comparer WASHINGTON (AP)--Paralytic|ended July 18. 1demonstrate the need for whole polio cases increased by 50 per| This compares with a revised hearted public co-operation in the cent last week to a 1950 weekly|total of 178 polio cases for the/country's immunizghion program. Np, WILLIS MOTORS TAUNTON RD., OSHAWA -- RA 5-0331 Many institutions and other in-| vestors appgared to be sellers of other provincials to buy the new Ontario issue, rather than buvers| 'or cash. As a result, other out-!| standing provincial issues tended to fall off in price. The recent Ontario Hydro issues were both] off % point, though still at pre- miums over par, |

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