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The Oshawa Times, 20 Oct 1959, p. 7

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1:80 Net Sates High Low am. Oh'pe TODAY'S TORONTO, MONTREAL ST ONTO sf H ! | x + Hi fri = £5 &38 * 3 EHH oH HE ay 1 Fes5ISEY Seid famune Freee FF ERE ER $F i sou8gs; ag npeenyyeoytyuy = 5 Egy d i EH] LEE te = LJ -. 3 ¥ (3 F a LN 288s BNEEL SEER INI aE 000 $233 52383 23, 4 gas bP LA I3iigteee 2338308 I ae +2 ATER Rb tT SPL F+ +* EF 7 £88 FH rs € Homest C Husky C Husky wis Ch WO 1 Cent Del g : = 4 C Dragoh C West Pete Cree wis 58 1 Dome Pete Dynamic Eastw A Fargo HBOIG N Superior g J 38 253 g SE EFEEF Pi Prairie Oil Provo Gas Ranger Reef Expl Royalite Ss Inia Inlan Gas Inter PL Belcher Bourzan Bunker Hill Caamet mp C Dyno B35 H SNR # 223488388, S888 scus 528s 3338 8 8 8 15% 15% 15% 635 635 68 2 2 Bn 3 - FEEEFS ¥ Kerr A Kilembe Kilem C Lug ich Lexinin joras ynhst JAX Acasa Macon Macfie Masen Magnet Maritime Tartin Maybrun Mefntyre McWal Merrill Milliken M +4 3 x Newlun N Man N Mylama Nickel Ms Norana Norlartie Norpax N Gate N Rank North Can North! Nuoul O'Leary Opemiska Orchan Pato Pick Crow Pronto Que Chib Quemont Ralore Rayrock Reeves 285 1000 500 1 8iscoe +19 Slocan VR 76000 Steona 899 % . steak Dinah » ain als i" Barts INDUSTRIALS au Sock Bales Tigh Low 11 a.m. Oh'ge jit ) pi rtesErton] C Br Alum 200 Ld % ih » WW od i 30 $21% 0 $28 28 $13% C Chem Cell 100 87% L 225 $15 25 $13% Mass Fer 5%p 20 $103'% Mitch 1 Rob B 150 6 Molson A s10 Molson pr 50 Mtl Lo od 178 50 Mtl Trust Placer Norana 70 N Bcitia LP 200 NS Light rt 2022 200 $ 87 16% 16% BUSINESS SPOTLIGHT InvestIn By ROBERT RICE SONTREAL (GP) -- A sow: ing number of young € ians are pooling their money to invest in_the stock . : The investment club idea is spreading aeross the eountry. Even the professional ifvest Young Canadians Stock buy. Eaéh month they put $10 into the kitty. In operation, the elibs work like mutual funds. Club members owfl shares in the ¢lub, which, in turn, owns the stocks bought each month. The clubs have bylaws and officers and run their meet: TODAY end WEDNESDAY ing lke a professional busines. are aware of the amatéurs a "fe fot speculators=after they view the part-time investors uisk ones, Veik thal of wit] h "If We ck more than The Wa of an investment club we put it into the bank, we'd be | happy," 8avs one investment club About 10 te 20 invesiment: executive. "On top of that, we're ple get together, puf about learning about the stock market £6 #iite e into a monthly kitty| and that's an education in it- uy shares of fSfowing eom:- | gelf," nies. They do eollectively what they ean't atford to do individu: al 4 e aim for investment clubs is to of ed a Borie of good stocks with better-than- average growth possibilities. The clubs make an aggressive and penetrating search fof eompan- ies with inereasing sales. NOT FAIRWEATHER TYPES Once they buy shares, they plan to hold them for several years. This tendency to take stocks off the market for some time Is being noted by professional in: vestors, who once thought the in: vestment club people were fair- weather market players. They figured the amateurs would THE FACTS frighten easily whenever the mar- OF LIFE ket showed weakness, but so far fhe part-time investors have held 5 \ ) PUALLIAR, Most of he clung she Miihberd Wa Bin of the Canadian Associatibn T Investment Clubs, with headquar- ADULT ENTERTAINMENT PY THE RA ; ters in Toronto. One typieal elub in Montreal {+ made up of newspaper men. Their average age is about 2§ and most are married. They are trying to invest their extra sav- ings to get a better return on their money than they would if they just tucked the cash into a savings account ih a bank, They meet once a month, talk over a particular industry and three or four growing companies within it. Members take turns at studying companies, delving deeply into finances, sales, past prices and future prospects. They analyze the past performances of the company and prepare a fore. cast of sales and earnings per share, plus an estimate of the fu. ture growth of the share price. DISCUSS MERITS They try to separate emotion and hunches from facts. After a discussion of the merits of the various stocks and companies, the club s vote on which to HUMANLY TRUE! BOLDLY FRANK! LOVE HUNGRY YOUNGSTERS THAT WENT TOO PARI THE MOST REVEALING MOTION MCTURE EVER MADE! Rm SEX HYGIEN AND FEARL! CUSSFD BY A MEDICAL AUTHORITY « "Last Years Of Napoleon' Proves Fine, Unique Story of ' and regularly called him)so and slandered as id ommrehensivg separt, ok of ney. and Snuularly. Calin ans] Paine, he Pefy. Jofender of the lished, of Napoleon's exile on St.|eyes"'. Lowe insisted that Napo-|rights of man. Historian Alrdige |; Helena is contained in a stimulat-|leon be referred to as *'General can rest assured that his book will | ing new book, "THE L AS T|Bonaparte"; Napoleon insisted|do much to disperse the myth YEARS OF NAPOLEON" (Long-|that he was "The Emperor Na-|ology that has gathered about the mans, Green and Co.) by Ralph poleon'" and refused to accept his Korngold. mail or his own doctor's reports St. Helena is a bleak South At.|unless so addressed. lantic rock ten miles long and| When Lowe had the mail seven miles wide, There are rains| thrown on Napoleon's table, Na- there eight months of the year poleon barred his doors and and for three months the sun|threatened to make a corpse of blazes, while for one month it is| any British officer who broke bearable. Of 600 officers and men |them down. The Napoleon who of the HMS Conqueror stationed moves through these pages is an name of this illustrious man. Here is created in graphle words Paine's stormy life as a paradoxical one of alternating ac- claim and rejection by a fickle publie in three eountries. This is an unbelievable, but true, story of an immortal character. Paine was the first man to call publicly for U.S. independence and a con- st itutional conventi The fiery at the island in the early 19th|jmpressive figure and a century, more than 100 died in an| thetic one. 18-month period of hepatitis and| This is certainly the most com- amoebic dysentery, | prehensive account ever pub- Napoleon's prison was a. rat-|lished in this continent of the infested house. It was a sad|cxile period, and Historian Korn- plight for the man who once ruled gold should certainly be rewarded half of the Christian world. Na-|with a heavy sale. His success poleon had unwittingly forecast here should be greater even than his fate: it was with "Thaddeus Stevens' "It is but a step from the sub-|who was described as "A being lime to the ridiculous". |darkly wise and rudely Great". Author Korngold gives a graphic| day-today account of Napoleon's TOM PAINE STORY exile. He reveals the constant] Historian Alfred Owen Aldridge bickering and backbiting of the|has written the first 20th cen- Napoleoni¢ entourage. The au-|tury biography on Thomas Paine thor feels Napoleon may have/to be based on original research been hounded to a premature|in France and England as well death by the erratic restrictions as in the ,U.S, Title of the book, is and petty cruelties of the British| "MAN OF REASON: THE LIFE governor, Sir Hudson Lowe. {OF THOMAS PAINE" (Leong: Napoleon described Lowe as mans, Green and Ce. Ltd.) "a man with a most villaneous| Few men in history have been patriot was given no voice in drawing up either the Declaration of Independence or the Constitu- tion. There is a fine account here of his campaign for popular rights in England. The, British government hounded him from the country as his books were circu- lated by the thousands. Paine {worked for eight years to pro- | mote Franco-American friendship and was finally denounced for his efforts. This biography is based on newly discovered manuscripts and printed sources. There is an entirely new and penetrating im. pression of a man who was once of the most eloquent defenders of humanity, It provides a rare treat for those who like new and orig. inal historical blographis. It is a book to be read and treasured, Wage And Price Spiral Blasted By FORBES RHUDE cent in the 1946 to 1955 period. Canadian Press Business Editor |Mr. Smith added TORONTO (CP) ~~ If manu-| "Despite union leadership pro-| facturing competence determined | tests to the contrary, the largest| Du Pont With Record Sales WILMINGTON, Del. (AP)-E.| Ine. reported Monday all - time high sales for the first nine months of this year--$1,612,000,- 000, This was an increase of 22 pe| I. Du Pont de Nemours and Co.|nareq with Friday's 3,000,000. 1 | 4 STAR IN OSHAWA Pictured above is Jean Shepard, Capitol recording star, who will be sharing the fea- ture spotlight with Ernest Tubb and his famous band, The Texas Troubadours, in the "Gala Fall Festival of Enter- tainment." This Grand Ole Opry Show will appear at the Reg Barn on Thursday, Oct. Industrials Lead Trend Downward TORONTO (CP) -- Industrials, mines and western oils 18d the stock market downward Monday as profit-takers took advantage of the gains recorded last Friday, Index losses: Industrials 2.18 fo 510.83; golds 26 to 88.33; base metals 1.25 to 163.27; western oils .91 to 100.68. The trading moved at the fast. est pace of the month. Final vol. Uranium Problems Considered FINCH oane oii Evans oame Peay ABHOROPY ORDNED OURNOLE SCAEEWRLAT BY ROBERT ANDERSON PRODUCED BY HENRY LAST o 1110 20AYS1 5,0 SHOWN THREE TIMES DAILY! MATINEES AT 1:30 end 4:05; EVENINGS AT 8:15 The entertainment world's / most wonderful entertainment! Tool! RODGERS « HAMMERSTEIN'S pA PACH ROSSANO BRAZZ)-MITZ GAYNOR: JAN KERR ee ANOTHER REGENT THEATRE SERVICE , | one ENJOY THE BEST IN MUSIC SPECIALLY RECORDED FOR YOUR LISTENING PLEASURE BY CKLB-FM -- AND PRESENTED OVER OUR HIGH FIDELITY SOUND SYSTEM FROM 1:00 TILL 1:30 DANY ENTERTAINMENT Prices For This Engagement MATINEE EVENING ADULTS 1.00 ADULTS 1.28 STUDENTS 460 STUDENTS 78 CHILDREN 35 CHILDREN a8 LOGES 10¢ EXTRA REGRET , . , FREE LIST SUSPENDED ume was 2,158,000 shares com-| Most industrial losses were Ca- nadian Bank of Commerce, U.S, Ford, Royal Bank, Steel Co. of Canada and Canadian Bronze all lost at least a point. | WASHINGTON (AP) -- Mem- bers of a Senate-House of Repre- sentatives subcommittee are dipondering the problems of American uranium producers arising from procurement poli- cies of the Atomic Energy Com- mission, They got testimony last week from Gordon A. Weller, execu- tive vice-president of the Ura. nium Institute of America, that: 1. Prices paid for uranium trate d tic pro- ducers are from $1 to $4.78 a pound than those paid to for- eign producers. 2. As of last July 1, the U.S. government. had purchased 124,. 980 tons of uranium oxide since the Inception of the atomic energy two-thirds countries. Weller testified that the AEC has withdrawn assurances it gave U.S. producers in 1956 that there would be an adequate mar- ket at a price of $8 a pound of uranium concentrate in quanti- ties up to 500 pounds g§ year from any one U.S. mining opera. tion or mining property. He sald this involved orders totalling $78,100,000 for Canadian ore. rogram in 1943--almost of it from foreign OSHAWA selling prices over the last dec- contributing factor within control/cent over the $1,324,000,000 re-| ade, prices would have gone down of eur own economy has been the ported for the same period last 30 per cent, instead of up 55 per excessive increase in wages and year. cent, J. H. Smith, president of| salaries, which--quoting from the] The giant ehemical firm re. Canadian General Electric Co.|Canadian Labor Congress report ported net income equal to $6.90 Interprovincial Pipe Line had a 1%-point jump to 57%. Many key issues remained unchanged. Mines and qils had similar pat- TONIGHT ROBERT RYAN & I'm a Man Who Wants Ltd., today told the annual meet-|--increased 87 per cent between ing of the Canadian Chamber of 1946 and 1965." Commerce. This figure did not include al- Mr. Smith said total man hours|lowance for fringe benefits. required to purchase a refriger-| 'The tragic element in this ator today compared with a com. wage increase is that the stand-| parable model in 1952 has been ard of living available from this reduced by more than 40 per cent.| theoretical increased purchasing Man hours required to produce power of 87 per cent could not be an electric range decreased by met by the increased productivity | more than 25 per cent. of only 32 per cent in our econ-| "If wages, taxes and per-cent omy." | profits had remained constant| Mr. Smith added: "'In¢reasing| (between 1946 and 1955), selling|wages' and salaries at a higher prices would have dropped ap-\rate than productivity has bee proximately 80 per ce lan irrational action. The. Cana- "But prices did uot drop -- re-|dian economy now is suffering in tail prices imcreased by 55 per loss of jobs and profit opportun- - ities resulting from the increasing | flow of imports into our domes- {tie markets and our growing in- 4 0i] Companies |: : : . ability to sell abroad because of Bid For Gas Rights high selling prices." OTTAWA (CP)--Four major oil SHARE PRICE BLAME companies bid a total $1,239,513) Mr. Smith said management for oil and gas exploration rights|must accept responsibility along near the boundary of British Col-| With union leaders for the wage- umbia and the Northwest Terri-|price spiral. In a seller's market tories, it was announced Monday. |It was not too difficult to move Shell Oil Co. of Canada Ltd. prices up as wage and salary was top bidder at $463,858 for two (costs increased--particularly as parcels. Uslon Oil of California, part of the cost increase was 2 share for the nine-month pe- riod. This compares with $4.83 for the first three quarters of last year. Earnings from the corporation's operating activities came to $5 a share compared with $2.93 share in the like period of 1958, Dividends from General Motors stock were $1.90 a share of Du Pont common stock, the same as 4 jumped 16 cents te $1.37. terns. A few speculative issues showed heavy volumes and Elder, trading 140,000 shares, added 29 cents at $1.65. Orchan, heaviest - traded issue on the board with 349600 shares, THEATRE GUIDE last year, Wellesley Hospital Now Independent TORONTO (CP) -- Wellesley Hospital will sever its connection with the Toronto General Hospi- tal and become a public general hospital, Normam C. Urquhart, chairman of the Toronto Gen- eral's board, said Monday. The new chairman of Welles- ley"s board of trustees will be Harold M. Turner, who resigned as vice-chairman of the Toronto General to take the position. Mr, Turner said 8 minimum of 200 beds will be added to Welles- ley with enough facilities to take care of the auxiliary services which now are supplied by Tor- Biltmore -- "Jolson Sings Again" in Color, 12.80, 4.00, 8.00 p.m. "The Jolson Story," im Color, 1.40, 5.40, 9.40 p.m. Last com- plete show at 8.00 p.m. Brock -- "The Big Money" 10.10 p.m, "The Night of the Quar- ter Moon," 8.30 and 5 p.m. Last complete show at 8.20 p.m. Marks -- "Should Parents Tell?" 1.00, 4.05, 7.10, 10.20 p.m, "Lieu- tenant Wore Skirts' 2.20, 5.25, 8.35 p.m. Last complete show at 8.35 p.m, Plaza -- "The Nun's Story" in Color, 1.10, 3.45, 6.20, 9.05 p.m. Last complete show at 9 p.m. Regent -- "South Pacific" in Technicolor. Shown Matinees at Imperial Off and Tennessee Gas|covered by increased productiv- also made large bids. lity. onte General. 1.30 and 4.05 p.m. Evenings at ANITA ECKBERG IN "BACK FROM ETERNITY" plus VISIT OUR MODERN HEATED REFRESHMENT CENTRE! I -------- BOX-OFFICE OPEN AT 7.00 SHOW STARTS AT 7:15 CHILDREN UNDER 12 FREE 8.16 p.m, To Be Sure... when it comes to protection for my family and the income I'm providing for my retirement "That's why life insurance is the backbone of my finaneial program. Under the same plan I can make sure of money for my family, and also set up a definite income for retirement--an income I can't lose, and can never outlive," Today is a good day to talk to a London Life representative London Life Insurance Company Head Office: London, Canada A 4 a mt Rh a RE bi de Bo

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