The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

TODAY'S TORONTO, MONTREAL STOCKS TORONTO By The Canadian Press Toronto Stock Exchange--Nov, 4 ASucuailin in cents unless marked § Odd x ~~ Ex-dividend, xr--Ex- wights, a4 warrants.) INDUSTRIALS Sales High Low 11 a. XL 200 "% SEREEREETIN: Stock J 1++ +82 F sax Fe oat j++ ++ - g¥Sasursputny LH i 8 =F 8 + po S = 838 #5 ssEsE 5s Bailey § A Basco Brtalta 1000 240 in Dev 550 ¢ Heh Cr 6000 C Husky 540 Cian WO 600 Cent Del 230 Con Peak 1500 Cree wis 58 1200 2 Dev-Pal $00 Dynamic 600 Home Ol A 215 Home Oil B 450 HB 638 1100 209 20000 859 2 C Bank Com 150 Cdn Brew 180 C Curt W 900 CIL 400 CPR 2180 CWN G 5% p 250 Con Gas 155 Copp Clark 100 Corby vi xd 250 Crush Int 150 Dist Seag D Bridge D Fndry Dosco Dom Stores Dom Tar Dom Text Eddy Emoo Fam Play Ford US Ford G Dev GP Drill A GL Pow wis 30 GN Gas 300 GN Gas B wt 100 20 Great West 50 Greyhnd 100 Hi- Tower 100 Imp Ol 1820 Imp Tob pr 210 Ind Accep 260 Inland Gas 1790 Inland G pr 230 Inind G wis 1150 Inter PL 2 Intp St Jefferson Jockey C Jock B wis 700 2 5 Nipissing Noranda Norgold Normetal N Coldst Jupiter N Rank LI Pete Medal Mideon NCO wis Okalta Pac Pete Pac Pete Permo pr Petrol Provo Gas Quonto Sapph debs Sth U Spoon Triad ON Un Olls Wsburne W Cdn OG W Naco 410 # 225 15 25 85 100 200 50 30 B00 800 Opemiska Orchan Pater Patino M Patino wis Pronto Prudex Que Cop Quemont Radiore Reeves Rix Athab Rockwin Sherritt Sil Stand Siscoe Slocan Stanleigh Steep R Teck-H 1300 MINES 1000 Temag Torbit Trans Res U Mining U Asbestos Un Keno Ventures Violam Waite Am Willroy Yale Lead Yk Bear Young HG Abacus 30 Advocate 270 60 15 46 220 12% 6% 130 1 30 270 60 15% 47 20 12% 6% Anacon Ans] A Arcadia Atl Co Cpr Atlin Ruf Aumaque Barnat Base B-Dug Bibs Bouzan Broul Reef Buff Ank Cadamet Camp Chib C Dyno Can-Erin Can-Met Cassiar Cent Pat Cheskirk Kelvinator Labatt Lakeland LobCo A LobCo B LobCo pr MacMill B M Leaf Mil M y Metal Mi Molson B Moore N Hos B N St Car North Star Nor Star A NO NGas Page -Hers Pembina Powell R Q N Gas Roe AV © Royal Bank StL. Corp St Maurice Salada-§ Salads wis By The (Quotations in 20 9=-0dd lot, zd 250 300 110 800 300 310 420 Coch Will C Callinan C Denison C Den wis C Discvry C Halliwell Slook Abitibi Algoma Alumin 100 Bale: 1000 175 : ph 600 2200 2600 Sales to 11 a. MONTREAL Montreal Stock Execha INDUSTRIALS 50 190 375 SW% Dh 20% ~~ W Sales High Essuses sss. iiissest 11:30 Net Sales High Low am, Ch'ge 220 $20% 20% 20% " 3% + % >» Fam Play Foundation ¥r Pete Frosst or Gatineau G 5 Wares Home Home oil A oll B Hud Bay Imp Oil Int Penmans Powell R Price Br Prov Trans Steinbg A Steinbg pr Texaco Can Tr Can Pipe U Steel Walk G W Abie, Anglo un ' a Du Canadian Press e-=Nov, 4 marked §. w= Ex-dividend, xr--Ex- cent: Trans Union . Nfld Sons Paper oore Noa Light Que Ph wis CANADIAN 900 33 33 220 $T% TH 500 $12 12 or 5p 121 1030 2% 23 225 Mt 280 Gas 1000 U Prin Prop 20 11:80 Net s Migh Low a.m. Oh'ge $38 37% 1% WU 537% 37% + % Algom Arno Bailey MINES © 100 $14 1" 1" 00 7 7 7 Sh 100 TO TI0 770 BUSINESS SPOTLIGHT Bad Driving Risks Insured In Alberta By AL MARKLE Canada Insurance Federation has|loss ratio of -70 per cent, The Press Staff Writer |been in operation in Alberta for|ratio means that of every dollar EDMONTON (CP) -- Automo-|about 10 years. About 4,000 collected in premiums, the indus. bile imsurance companies in Al-|drivers, one per cent of Alberta's|try pays out 70 cents in claims. berta are losing money on the|driving public, are covered by the| Figures from All Canada s "bad actors," and they are going|plan. that the industry "breaks even' out of their way to do it. The number covered in the AR|if it can maintain a loss ratio of Ader, te Finerta Automobile basis remains about static, al-|63 per cent. sslgn 8 an almost anyithough there was a slight in-| «gp \d driver, despite his record of accl-| crease last year. $ si Sh 5 losing, proposition" dents and offenses, can get car| Mr, Jefferd, asked in an inter-|jes ate providing the 'service 'at insurance. For a price. |view why the insurance industry|their own expense. The plan Is an agreement makes an effort to insure poor| uy tne long run. h among all automobile insurance rigks--at a cost to the industry-- § run, however, we companies to accept their fair|gaid: think it is worth it. The fact that share of the driver who can't get| "The industry feels it has a cer- the sisabur of drivers ii He 38 insurance in the normal way,"|tain responsibility to the public.|'® --_ Sy PUS ga says E. W, Jefferd of Edmonton, | Someone has to insure the mar- ye Tory ones 2 : he ane, general manager of the plan. |ginal risks, especially as there is BOs sor igi 'and no legislation enabling the gov- " "The pan, supported by ne An ernment to take 'repeaters' off are able to be insured normally. : COVERS YOUTHS wilh ira i road," LOC RR The AR plan also covers per- B KS INTERFERENCE sons who are considered in the | There is another reason, ex- " » Slim Gains [pressed by a few of the more industry a "risk without record, I Trading |candid insurance men. There is The category includes the youth- |the basic fear within the industry| ful elderly and handicapped. Peo- TORONTO (CP) -- Wtih Wall| {mally uninsurable' | " ple within the category are ini.|-- that if it did not ingore fe not, GY ino ed ot oo extra cot, ex. Street giving it some trend to be interference from the govern- cept for a $5 registration fee, follow, the stock market lost|™ent With government insurance| There Me limitations on the Wednesday amid moder- [a possible final result, amount of insurance that can be ately active trading. | Cost of insurance to a person The final volume was 1,912,000,00 AR goes up according to the Supplementa OSHAWA--Businessmen in this automobile-dependent city are counting on a device wrought by labor unions to keep them solvent during the coming weeks. This week more than 7,000 em- ployees of General Motors of Canada Limited have been laid off because of the shortage of steel that has resulted from the United States steel strike. Union leaders have forecast the layoffs will result in severe eco- nomic ha rds hips. But since the Suppl 1 U ' t Benefits fund pi into effect, say the merchants, layoff pe- riods have not noticeably af- fected business, GM PAYS INTO FUND Contributions to the fund are made by GM on the basis of five cents an hour per worker. { When the maximum of $400 per | employee - is reached, the con- | tributions stop. Under the plan a married man who normally draws $85 a week would be eligible for $21.68 week from the SUB fund during a layoff period. Added to $30 a week in un- employment insurance, it gives him a total jobless.pay of $51.68 per week--or about 65 pe recent Growth Of 1 Jobless Funds Help GM Workers of his normal take-home pay. With this in mind, and believ- ing too that layoff-conscious Gen- eral Motors workers save money to tide them over these periods, Oshawa's businessmen are not really concerned, Union officials, however, point out that the present layoff is the second of the year and the SUB fund is somewhat depleted be- cause of this. General Motors officials said supplemental fund is from 75 to 80 per cent of capacity. Under ideal conditions -- when the fund is at a maximum -- a worker with sufficient seniority and credits could draw the full benefit for 39 weeks, depending on seniority. At present it is estimated there are only 600 employees without sufficient seniority to be eligible for the supplementary benefits. During the layoff General a Motors will make all payments on employees' medical and hos- pital plans. THEATRE GUIDE Brock (Whithy) -- "The Mysteri- ans" 7.00 and 10.00 p.m. "The Square Peg" 8.20 p.m. Last complete show 8.20 p.m. M - "Sign of the Gladiator" 12.45, 2.55, 5.10, 7.25, 9.45 p.m. Last complete show 9.00 | Hamilton Supplied With Ore HAMILTON (CP)---This city's two basic steel producers are in preferred position among North American steelmakers, Their ore cupboards are just about full as the annual freeze - up threatens Great Lakes shipping lanes. Both the Steel Company of Can- ada and Dominion Foundries and Steel Limited still are bringing in ore and coal supplies. Both count on getting shipments from the Lake Superior mines if a set- tlement of the United States steel strike makes it ible to put THE OSHAWA TIMES, Thursday, November 5, 1959 21] their ore carrier fleet in opera- tion before navigation closes. Some boats operated until Dec. 7 last year but the number of days remaining for the actual loading, movement and unload- ing of ore are few. "We still hope to bring home some tonnage in by lake carrier but if we didn't get any of it we would get by until next spring,' said David Lindsey, vice - presi- dent of purchasing for Dofasco. Dofasco still is bringing in ore from Labrador, Steep Rock iron mines and Michipicoten. Steleo has been bringing in ore by water from Labrador and by rail from the Hilton mine near Hull, Que. THREE-QUARTERS CAPACITY | PREFERRED by people who enjoy a friendly and relaxing atmosphere STARLITE ROOM REE: cli MACDONALD MARSHA CAREY - HUNT CINEMAScOPE Extra! "ROCKET BUSTERS" COLOR CARTOON A FAMOUS PLAYERS THEATRE 7 Peter Falk Jack Betts Barbara Lord FIRST OSHAWA SHOWING! EH TODAY & FRIDAY 3 GRAND OPENING Ritas "MODERN HAIRSTYLING" 13 PRINCE ST. Across From The Bus Terminal For Appointment PHONE RA'8-1132 Rita Anhut invites all her old customers and friends to visit her at her new, mod- ern beauty shop. ONE OF THE BEST PICTURES YOU WILL SEE THIS YEAR! 5 ROOM AY THE TOP" LAURENCE HARVEY + SIMONE SIGNORET NOW PLAYING { ! Feurony Shown et: 1:45 -- 3:35 -- 5:35 7:25 -- 9:20 P.M. NOTICE CHANGE OF MANAGEMENT Mr. Sherlock, former lessee of Motor City Cleaners is no longer associated with the company. It is under the management of NORMAN GIBSON and ALBERT REYNER who have had extensive experience in cleaning work generally and dry cleaning in particular. MOTOR CITY CLEANELS King Street East OSHAWA Next To East Way Bowling Alley THE NEXT KINSMEN SUPER CAR BINGO Friday, November 6, 1959 8:30 P.M. SHARP PETERBOROUGH MEMORIAL CENTRE $6,300.00 in prizes including 1,750.00 SNOWBALL PRIZES 600.00 IN REGULAR GAMES Wonderful New Way to Wave Tonl's "Hidden Body" into Your Hair 450.00 IN SPECIAL GAMES taken out under AR. Collision in- compared with Tuesday's 999,000, | driving record. One accident in a| ngn surance is not provided. The pub-| GC t S {lie liability and property damage | 1 1S een Wall Street was closed Tuesday 12-month period prior to going on [provided usually is $10,000, $20,000 $2,000, the amount prescribed by provincial government legis- lation as being the minimum a for U.S. state and local elections, |AR nets the driver a 20 per cent}? Index changes: Industrials off Surcharge over normal rates. 9 to 5130; golds up .35 to| Two accidents in three years, $7.39; base metals up 33 to|d 50 per cent surcharge, and 20 |person can carry, 169.86; western oils off 2.23 to|per cent for each additional acci-| The plan is participated in by| 104.99, 3 dent within the period. A traffic|the 160 companies in Alberta sell-| Western ofl losses of 20 to 25 conviction under the Criminal | ing auto insurance. It is gov-| cents went to Bailey Selburn, Ca- Code results in the stiffest sur-| erned by a committee of eight| nadian Devonian, Central del Rio|charge, 100 per cent. A conviction|eéPresentatives of the industry, and Royalite, {for careless driving or failing fo| who appoint the general mana. Industrials had several key Is- remain at the scene of an acci-|8er; for an indefinite period. Even the AAARP draws the| or » sues off fractions but Ford A dent, under the Highway Traffic| \ climbed 3% points to 170%. Uraniums showed some strength in mines while senior base higher. Lower - priced mines showed no definite trend. metals closed mixed tol ine, however. Some people "'just aren't insurable," Mr. Jefferd says. These people include drivers| who have had more than one con- viction under the Criminal Code Act, gets 50 per cent, LOSING PROPOSITION There is twice the ratio of ac- cidents among AR drivers as among normal drivers, with a Canadian Factory Of Abrasives Firm STRATHROY (CP)---Mid-West Abrasive Co. of Owosso, Mich, bas announced plans for con- struction of its first Canadian plant here, to be known as Mid- West Abrasive Co. of Canada, 14d. The contract for the $55,000 building to Oxbow Construction of [23 Strathroy. Pear Price Set By Joint Board VINELAND (CP)---A grower price negotiation board set prices for pears, effective Nov. 1, at $35 a ton for fruit less than 2 16 inches. Price for STOCK MARKET NET EARNINGS By THE CANADIAN PRESS Bell Telephone Company of Canada, 9 mos. ended Sept. 30: 1969, $38,126,166, $1.90 a share on 20,014,999 shares; 1058: $28,568, 815, $1.58 on 18,065,217 shares. St. Lawrence Corporation, 9 mos. ended Sept. 30: 1959, $3- 966,748, 77 cents a share; 1958, $4,086,966, 80 cents. Trans Mountain Oil Pipe Line Company, 9 mos. ended Sept. 30: 1959, $1,28,000; 1958, $188,000. Steel Firm Otters Shares HAMILTON (CP) -- Burlington Steel Co. Ltd. is offering share. holders the right to buy one ad- ditional share at $13.25 a share for each five shares held at Nov. Burlington shares issued and outstanding now total 280,000 out of 600,000 authorized, and the cur- rent offering will involve ap is sue of 56,000 new shares. Proceeds, together with corpor ate fund of the ¢ y, will enable financing of a $2,000,000 RADIOACTIVITY DROPS d SUCKEOLY (Reuters) -- Ra: tivity in the atmosphere has Nov. 27 and the subscription list| decreased considerably in recent will close Dec. 11. months, a report of the Swedish program, Subscription warrants will be mafled to shareholders about larger pears is $26.50 effective the same date. withih three years. | 'Dangerous TORONTO (CP)--C. E. Pratt, |Vancouver architect, expressed p.m. Plaza -- 'Room at the Top" 1.30, 3.40, 5.35, 7.25, 9.20 p.m. Last complete show 9.10 p.m. Regent -- 'Blue Denim" in Cine- | cone ern Wednesday about the un- [controlled growth of Canadian |cities over what formerly was [farming land, He was testifying before the | maScope, 1.30, 3.35, 5.40, 7.50, 10.00 p.m. Last complete show 9.20 p.m. 15 Tendersweet Hams as Free Door Prizes and a BRAND NEW 1960 CAR TWO-TONE WITH WHITEWALLS ® DOORS OPEN AT 7:00 PM. @ Royal Architectural Institute committee of inquiry on residen- tial environment. Mr. Pratt, a member of the committee, suggested Prime [Minister Diefenbaker could order a survey to determine the ratio of remaining arable land to ur. ban land and the life expectancy of farm soil in the losing battle against expansion of cities. Henry Fliess, a Toronto archi- tect, said that in at least two Metropolitan Toronto municipali-| ties senior officials were gradu-| ates of no planning or architec-| tural school and plans by compe- | tent architects were passed or turned down by "high pon} boys." He urged the committee to in-| vestigate qualifications of de-| velopers and builders since many (were former taxi « drivers,| clothiers or clerks who had only| entered building for the money. "Some of the biggest building people--investing millions of dol. | lars--are almost illiterate," said| Mr, Fliess, "These are the peo- ple who are responsible for the creation of our environment." Dr. E. C. Feludi of Town Plan- ning Consultants Limited, criti Burlington shares were quoted|defence research institute pub- fon the Toronto Stock Exchange|lished yesterday said The rea- cized the Ontario system) whereby all subdivision plans| Prior to the Nov. 1 change,| Wednesday at $19 a share, com:|(son is the suspension of nuclear/must go to the minister of plan- ov 5 grade pears sold for $7.50, the processors pared with a high for the year of tests since the fall of 1 th $4 and a low of SIA J ge ~ °| ping and development for appro- | val. Accordion Supplied Without Cost Professional Instructions MATT DEFLORIO Radio & Television Star TED GURNICK Professional Player ond Teacher, both buttonstype and Piano Accordion. All Lessons Private Children and Adults ALTO Music Supplies 447 Simcoe St. 5. RA 35-1501 Professional Instructions on All Instruments WONDROUS COLORSCOPE SPECTACLE THURSDAY FRIDAY SATURDAY "ew Toni | professionally pre-mixed neutralizer! with profess and only nay pr that's professionally pre- mixed to give you professional wave results at home! No more measuring! No messy mixing! No mishaps! New No-Mix Toni is the nicest . . . easiest . . . most fool-proof home permanent ever! 1. SNIP OFF THE TIP and you're all set. No powder or water to bother with. 2. IT'S SQUEEZE EASY! Just a few creamy drops on. each curl do the trick. Rl $9.00 28 KING ST. EAST -- DIAL RA 3-462)