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The Oshawa Times, 24 Mar 1960, p. 22

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Today's Stock Market Listings on Toronto TORONTO 11 AM. STOCKS By The Canadian Press Toronto Stock Exchange March 24 (Quotations i neents unless marked §, 2---Odd rights, lot, xd xw---Ex-warrants.) Ex-dividend, xr--Ex- INDUSTRIALS Stock Abitibi Acad-Atl Alta Gas Algoma Alumini Analog Argus Atlan Acc Atlas Steel Bank Mont Bunk NS Beav Lumber Bell Phone Bowater pr Brockville Build Prod al Pow an Cem an Perm ! Bank Com 955 zd 575 450 345 z50 50 200 210 305 150 225 1440 Net Sales High Low 11 a.m. Ch'ge $36% 36% 9s 36% + 9s 24% $634, 63 $23 23 $43% $42 425 $313 dn Brew Brew rt Net High Low 11 a.m. Ch'ge $9% 94 G Dev $15% 15% + A G Dynam $41% 41% -- GMC 9 $43 43% GP Drill 1 106 GN Gas wt 2 GN Gas B wt 1 17 10 Great West 5 5 Hardee Horne Pitid Imp Inv 140 p 50 Irhp Oil 520 Imp Tob 1 Inland Gas Inter PL Inv Syn A Jefferson Int Util Int Util pr Jock B wits Kelly wis Lakeland Laura Sec LobG 1 pr Lob G B pr MB and PR Mass-F Mid-West Molson A Molson pr Moore Nat Drug North Star pr 25 N Star 57 wt 125 NO NGas 45 Nor Phone 100 Sales 300 Stock F'ndation +1 Stock Tr Can PL Trans Mt Un Gas Venex Pow Wainwr Walk GW Wat Equip Westeel West A wis Zenith Curb Angle Nfld Price Br Acme Gas Alminex Cal Ed Calvert CS Oil wis CS Pete Cdn Dev C Ex Gas C Homestd C Husky Cent Del C Allenbee C Dragon Con Peak Dynamic Fargo Gr Plains Sales Net High Low 11 a.m. Ch'ge SUB AU 0% Wsburne 3 a Curb Jon B% 1 Bulole 200 200 3 36 450 480 $13 13 13 Abacus $11% 113 Advocate 280 280 2 Algom Am-Larder Amal Rare Anacon Ansil A Arcadia 50 $39% Aumacho Aumagque Barnat OILS Pase Metals 18 17 Bettina eveon 260 Bibis Brunswick Buff RL Camp Chib Cas Thor Can-Erin Stork 740 Wstates $61 6% $40 10 $22 22 $109 109 39% 100 Den wis Sales 599 500 110 1000 1500 1740 1075 High Low 11 a.m. Ch'ge 430 Net Stock Irish Cop iron Bay Iso J Waite Jacobus Joburke Joliet 150 150 150 70 70 s IDE BE RE «@ Lorado wits Macassa MacLeod Madsen Magnet Malartic Man Bar Maralgo Martin Mcintyre Milliken Min-Ore Muiti-M Murray M New Bid N Dicken New Hosco N Mylama Nickel MS Noranda Normetal we a ERE Sales 130 130 Exchange Net High Low 11 a.m. Ch'ge +3 TORONTO (CP)--The Interna-| !tional Brotherhood of Locomotive, Firemen and Enginemen may| lose 5000 Canadian members if| it doesn't agree to allow a separ-| ate Canadian division within the union. | Two Canadian executives of the union Wednesday night an- nounced the issuance of an ulti- matum for a separate division or| the breakaway of the Canadian members. | THE OSHAWA TIMES, Thursday, March 24, 1960 21 | for : Locomotive Fire: Ask Canadian Union The international union is affili- ated with the Canadian Labor Congress. L. I Brisbin, chairman of the general grievance committee for the brotherhood's central region, said Wednesday night that only one of 21 central locals failed to support the breakaway move in a vofe he conducted. He said if the international union didn't agree to a separate Canadian union it would lose 5,- 000 Canadian members. STOCK MARKET NET EARNINGS By THE CANADIAN PRESS Algoma Central and Hudson WEST BACKS CENTRAL He said Roy McCallum, general | chairman of the western region, would issue a similar statement in Winnipeg today, backed by a solid vote in the 22 brotherhoods Bay Railway Company, year |under his jurisdiction. The east- emer [used for a special action pro- {gram which means it will go to finance the battle that is coming up with the United States rail ways over work rules, Mr: "Adair said. He said president Gilbert has said Canadian brotherhoods have to be subsidized by American locals. "We don't believe their figures," he said. "We think we can negotiate our affairs in Canada without any in- terference whatever," Mr. Bris- bin added. If the international union does not agree to the request and the Canadian division is formed, it will have to apply for certifica- Ition as a separate union. "However, the certification can transferred if Gilbert will al- ern- region has refused to back|be Home Oil A the move. low Home Oil B H B Oil G Halliwell 1000 and § 470 Mosner 5000 Norvalie Opemiska BAL A wis 100 Cel $1.75 pr $2915 24 2944 a od Curt W 1 ended Dec. 31: 1959, $1,323,829, $2.72 a share; 1958, $1,202,695, | us to form a Canadian di- B.|vision,"" Mr. Brisbin said. Mem- Hydro Car Ii PR dn Tire 400 224 200 500 350 1330 Rapid-Grip Roe AV ( Royal Bank Royal Bk rt Jupiter Medal NCO wis Pac Northid Red Pop Sannorm Craigmt 500 500 643 100 000 $2.52. Algonquin Building Credits Ltd year ended Dec. 31; 1959, $56,051, Mr. Brisbin said he and J. |Adair, secretary-treasurer of the - | general grievance committee, de- cided to issue the ultimatum after bers would like to retain their affiliation in order to retain life insurance benefits, receive uniom Deer Horn Dome Tider irc Bar A ockshutt ol Cell 105 on Gas 180 $35% 35 Creative Tel $10% 10% Dist Seag $29 29 D Bridge si18% 18 Dom Elect $8 8 D Fndry 725 $44 D Fndry pr $96% 967k Dom Stores $50 49% Dom Tar $13% Econ Inv $37% 7 Fanny F 2 ! 2 I Ford US 5 T 51 cents a share; 1958, $24,477, 30! i, ia national president H. E. Gil- newspapers and other publica- cents. sert refused to listen to their re-|'IONS. Feralco : ' quest for a separate Canadian di- We 'would allocate a small i 3 vision. per-capita grant to Cleveland for , $2,435. : | West sen jan [these services, but if they won't Kerr-Addison Gold Mines Ltd. hon Bh? ey go along with that we'll break year ended Dec. 31: 1959, $5,088,- giving them the return in service aWay completely." 796, $1.08 a share; 1938, $4,761,026, 3, they should receive, he sajd.| Mr. Adair said G. O. Trites, 1$1.01. : Members pay $1.25 a month to general chairman of the griev- Okanagan Helicopters Ltd, ohn, Jocal union expenditures| ance committee of the eastern re- year ended Dec. 31: 1959, $282.4 ¢4 10 for international union|gion of the CNR refuses to Join Last: Decentber. the attorney. iEngineers _|659, 51 cents a share; 1958, $245,-| oy noncog, the breakaway movement. L. J. a e attorney- Engineers (CLC) and the Na-402, 42 cents. The vote, taken by secret bal-|Broten, Canadian member of the general's department ruled that tional Union of Public Employees) Union Acceptance Corporation, . i the 43 locals of the central|fiveaman board of directors of the the board was a crown agency (CLO). year ended Dec. 31: 1959, $401-| 04 western regions, occured be- | international union, also refused. and its employees could not join 083; 1958, $475,101. fore the international union's a union Western Grocers Limited, yearicyeyejand headquarters an- WOMEN BARRED Sed Dee, 2 193, 32.015 308 nounced a $2 assessment would| Monastic rules bar women from $18.21 3 i 1998, SLIFLIUL he added to regular dues. the great library of the Benedic- fla |SPECIAL PROGRAM tine Abbey at Engelberg, Switzer- | "This extra money is to be'land. 8900 1000 3200 Permo pr Peruv Oils Provo Gas Soawin Ranger 0 Shawin A pr 2 Royalite 375 Silverwd A 5 1 § 00 Simpsons 4 Sarces 300 Steel Can 3000 Tamblyn 1000 Texaco Can 1000 Tor-Dom Bk 600 Tor Iron A 225 3000 Fin A 70 2000 Fin 57 wis 235 4000 1 StL Corp 225 405 5 St Maurice Salada-S 520 3500 375 1550 Quemont Rexspar Roche 3 Rockwin 300 Satellite 3000 N Sherritt 200 Sil Miller 230 3 Siscoe 1000 Steep R 330 Industries Ltd., year 30: 1959, $115,323 Tung ¥ i Rock Hud Bay Hydra Ex Int Moly canis Teck-H Thom L 13% Un Oils Wiyne Wespac $99 99% 4700 Lakes Paper were up 1l%z at 36%. Moore Corp. increased 1's at 39%. Steel Co: of Canada and Walker Gooderham were up a point at 73% and 36, and Alu- minium Lid. gained. 7s at 30%. People's credit Jewellers dropped three points at 19, while Molsons A was down 17% at 21% Burlington Steel dipped 34 at 16%. Cassiar and Noranda gained % Industrials at 12% and 40%, while Hollinger was off 3% at 23% and Quemont dipped 's at 10. Consolidated Denison gained Ya To Be Unchanged TORONTO (CP) -- The Crown Agency Act, barring union organ ization among employees oO crown agencies, will not be changed, Labor Minister Daley and Attorney-General Roberts in- dicated to Ontario Federation of Labor officials Wednesday OFL President Dave Archer said Mr. Daley told him that em- ployees of the Workmen's Com- pensation Board should not be represented by a union because they must make decisions af- fected members of other uiions u . BIRD SONGS The OF L has called a meeting| The catbird, a type of mocking! for next week of the unions af-|bird found in Eastern Canada, fected by the act, notably the In-|imitates the songs of many other ternational Union of Operating/types of birds. | Enjoyed Better Day TORONTO (CP) -- enjoyed one of their better days this year as increases were re- {corded in nearly every section | Wednesday. at 10%, and Gunnar improved | Index changes: Industrials up five cents at $8 35. Algom was 406 at 491.60: golds off .32 at unchanged 89.31; base metals up .43 at 157.74 Oils had an active day, with western oils up 1.14 at 100.85 Central del Rio gaining 45 cents The volume was 1,475,000 shares at $5.30. Canadian Husky was up compared with Tuesday's 1,710,-/25 cents at $8, and Hudson's Bay five cents at $7.60 and Calgary 000. Dominion Stores and Great out 3 at 12%. Bailey Selburn lost and Edmonton was off ¥% at 20% WE'RE SELLING THE FINEST! SLEEP in LUXURY garam. Seren 05 with BETTER POSTURE a ay be Nea} ~~ ASAPLUS! | TESTIFIES Jerome K. Kuykendall, | above, chairman of the Federal gas company representative during a multi-million rate case. He was appearing before the house commerce commit- fee Electrical | Rate Hike Unavoidable EDMONTON (Cl cost of producing electricity, like most other things, is rising. Power compan revenues are dropping A suggestion came out of the western zone meetings of the Ca- nadian Electrical Association here this week that it's time something was done about it--in- crease the rates. It was little more than a sug- gestion, advanced hesitantly by CEA President N. S. Crerar of Montreal To reporters covering the meet- ings Mr. Crerar posed the ques- tion: Why does talk of increased power rates make the consumer see red? He noted that an increase in the price of bread or butter or eggs or beef evokes only a dis- gruntled shrug from the con- sumer. But let there be a hint of a rise in the price of electricity and there are loud protests. GOVERNMENT - REGULATED Mr. Crerar was careful to point out that utility rates in Canada generally are governed by provin- cial government regulation and that he was not speaking for the individual corporations, public and private, that make up the 67-year-old association The first step, as he saw it, was to undertake a campaign to educate the public that an in- erease was necessary. The next was for the individual companies to seek approval of higher rates. The CEA president advanced some statistics on costs and prof- its: The generating capacity of the Canadian electric utility industry at the start of 1950 was 8,427,000 kilowatts -- 11,300,000 horse- power. It now is 21,167,000 kilo- watts--28,300,000 horsepower. DOMESTIC REVENUE OFF Yet the average revenue from domestic r tes has dropped to 1.6 cents a k att hour in 1957 from 3 cents 1930. A: kilowatt hour is required to light one lamp ne. hour or 10 lamps for one hour M Crerar said most cheap sources of power (hydro) within economical striking distance of markets have been put into full production. Future power--26 per eent of last year's new generating caparity--would have to come from more expensive thermal sources. | ga pH ¥ | Posture is a plus. . . because it sleeps you, keeps you at your level best new Sealy posturepedic mattress Sleep level, and you sleep best! That's how tired back muscles relax and tone up. That's how Sealy Posturepedic's firm sup- port helps overcome daytime slump. Your Sealy Posturepedic can't sag--always keeps your spine on a line. Smooth surface too. Here's sheer sleeping luxury that helps improve posture during the day. Now in new smart covering. 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