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12 THE OSHAWA TIMES, Seturdey, Mey 14, 1960 Weekly Summary Of Stock Market Activit ween L his Wee 1960 Sales TORONTO WEEKLY STOCK QUOTES meme Lil Wek 1960 PE al 11 Cmer-- Avy . Sales WI Low Olese © Nigh Lew Sock By The Csasdisn Press #oek Nigh Low Olose Change Migh Low igh hange csi Kelly wis 310 305 305 5 265 we Toronio Slack Exchange his weok lowes wn Kewinator 10 #74 Ta Te --ih 104 Th ' ave Exp) shanged totalled 192, 25% 24% 24% -- % Volume for the week was 7,000000, up from the 90 0 210 210 vious week's 6,534,000, Total sales for the yesr Sats are 17 717. (Quotations im cents unless marked 3.) WEEK'S O8T ACTIVE TORONTO #TOORS By The Cansdisn Frese wee/T hls Week: 1960 * Bock Sales Wigh Low Close Change Nigh Low Leod § INDUSTRIALS g vat 1 252! Labraaor MB and PR 25034 1 15% +1% 14 y pphire 0 : Lake Cin 4% " 30 § B.582zss Kirk Min > L Dufsult 12 0 0 i LE) jake Ling $30% » » [] 40 3 Secur Free r ¥ 2 + Osu Corp 17692 817% 1 HH $98% Ya 4 South U 44500 LJ $17% 1 3 Royalite pr ILS 1 Spooner Ponder 188750 + 4% Mid-W. 1 5 55 - 11 Stanwell Dynamic 140721 + Submarine C Dragon 100900 Un Oils 59398 Dev Pal 47925 a2 Ble 06 L3 EL Martin 02200 37% 3 wh» Nat Drug pr 210 $143 Murray M 200100 #6 - Ld V, 25 $26 7 2 N Mylama 181632 - V y 18 1 § A Wsburne 80 124141 1 " Vat ' : 3 : Ia 495 W Cdn 0G € Mogw 118752 » 1% eo N 5 3 U% WC OGw Nor Star A 1 i 1 Westates Nor 8 i $46 wl Ee] ol W Decalta 87 36780 365 195 28 0 W Naco Vi 2605 812% 1 wi 1 Windfall Abitibi 38% 30% + 1 » NT 11 Yaz Can Abitibi pr 3% 3 ' Lo NW Ul pr 122 871 Bs 69% Dalhousie Acad Atl A 3 ) 1 ® to Agnew-§ 7 i 18% 3 00 $10 10 "10 +) : 3 Alta Dist 1 25 235 125 $26% 26% 26 z . . Alaralgo 360 87 85% ri i % 8 Marcon Mo 4 Maritime 400 38% BY x Abacus - Martin Page-Hers 1930 $26 \ 29% Acad Uran 1 $ Matatch 3 13 H Parker 225 3 Advocate ) Matagami Algoma 5 833% 33 : , 4 ; 7 Ay 5 Agnico ! Mayhrun Alumin} 3 3% id Magni 3 Akaltcho 3 Melntyre Alum 1 pr A 2 e 1 . . 16 1 Alba Expl a L } McKen Alum 2 pr k 3Y gn 25 1 7 MeMar 3 ; - » McWat Mentor Merril 1 Meta Uran 205 Midrim » 1837 PY) " 3 15 18 Milliken Auto Elec 105 8 L % so ! . al il 4 3 Minda Bank ont 13 y 13% + 35! 1 "1 7 1 Min Corp Bath Pow A " " Roe AY Of n 3 . A Arc wis 23000 66 or a Atlas Yk : In Murra 200100 66 Ri Atlin Ruf 3 9 LIOR : A 34725 1 Atlan C © b) 1 1 Phone 20718 $447 y « oD nN ; iy Aumache Bowater 1100 su ob - Aumagque Bow er P25 + } St Mauriee H 4 Auno Bowater pr 235 4 + 1 "0 fe. Bankeno Bowat 54 pr 250 L Scythes pr 2 Bankfield " Selkirk A Barat, Shawin ary Exp) Shawin A 80 $284 2% BW Base Mets Shawin A pr 435 $3014 39% 30% + ¥ 04 375 Baska Siiverwd A 851 310% 10% 10% 4 B-Duq yr N blk Simpsons 2668 $3) Et 33% 27 Beav Lod 3 N Goldvie SKD Mfg $000 250 70 200 Belcher 00 : Nid in SKD By, Belleterre ; " osco 70000 Southam Bethim TS N Sons Spartan Baveon 4 A = New! 13518 Spartan wie Bicroft 10 8 iY] 13450 Bideop y N My 131632 Black Bay 1 u V Bordulae Bouzan Boymar : 5 Bralorne Stuart ON : ! + Broul Reef § Propane 1 : E Brunswick § Propane pr 200 $22% 3 2 TH Th : oF 132 ) : ' § Prop wis 200 r + : ' 388 171 =» N 13000 Cal Pow a 3488 18 I + : Suptest ord 1340 $144 ' 7 Buff RL ; A N 18000 Cal Pow 3 pr 1 I hd Switson 200 338 32 5 6 0 Bunker Hill Can Bread Bi ) 1 y 3 Can Cem 1 ) $2436 asi 21) Cadamet it 17000 Cem pr 1748 §25 N 5 Uy Tami $0 atv ua U $1 557 Camp Chip S310 S40 + 9 41 Northgate 11788 Foils 1 » Thornelitfe ' N 4 4 Camp RL ] NM --2 143 y N Cldstrm 31200 99 Fndry 204 } Tor-Dom Bk 31 a SHEE C Tungsten 138 1 i 150 138 N Goldert 18500 27 5 3 } Tor Elev mew 285 4 1a 1 r Cdn Astoria 15 | 5 3 N Rank 9130 8 C Dyne 3 3 3 Northsp 5222 C Malant 3 1 3 2 Norsp A wis 400 CN Inca v 13% 1 3 +DA 113 North Can > Ni Norvalie Nudul sE=les s2 wpSnlscEslne ELT 3 TY ° F 3 5 LET 11 JP be of TL + FEI O'Brien Oka Rare 2 O'Leary 2 12 708 400 . y 1214 - 1 38, 15534 850 chal, B wt - Tw C 20 $50 435 2% B 6 " 2 74700 126 n e > Cel 175 p Al8 $29% Chem 1420 85% 3% Collieries 4740 34% 8 : 5%; & no Patino wie Coch Will - 7 Cin I 1! 5 Viewroy 3 1 ns pi 8 3 "® " Paariess C Hydro Car 625 $9% 8% 9% Ho Nm H s 'on: 5 3 Picki Crow ' 8 SIN 134 Walk GW 6287 $38% ebb Knp 2050 290 4805 817% H Brew 155 332% )' Fiscover = h = Con Gillies 'G Arrow 6025 Sune mn n 1 C Muiwel 112678 . C Marben 18100 Cn Wal 8 044 3044 304 ® =» 1 i" - C Marcus 8733 1 ent 3 0» Cockshutt Col Con Negus C Northld 323% n » Quemont C Persh 500 Radion C Pi 4264 invil B 275 51014 1004 101 A 2000 3 Shure 8 + . inyille Corby vt 5 $16% \ Cosmos 90 Crain R L Creative Crestbrk EE C Marconi C Paper D Gla D Oil Cloth esters f+ 11++ De Cour Deer Horn ) is 3 D'Eldona k Third CG lav 708 » Delnite 0 8 I" 8 12350 Zaller's 00 3 y Denison 8 98 915 980 3 600 Slocan VR 21167 Dame 3682 $1844 Stanleigh 18175 Donalds = Fed Grain as Fed Grain Bl Fleet fg #20 5 0 © % 3 Sud Cont Ford (US) 1 6 8s © 2 x pt ; ed Sylvanite A 50 Faraday Bailey § A 9830 Feat Tug 33% Bailey 8 pr 355 1 : i Bu ue Frobisher > 1208 . s Britalts 1140 Frob debs 8.7 Drill A 1840 J +1 © and Satwn WP Mix A 100 2 =» ws oo 2 on veco Mines Goodyear LJ 1 0 4345 G Mackay A 1030 A ® 50 G Mackay B 200 & GL Paper 1405 GIL. Power 115 Gl. Power w 160 GN Gas 1403 GN G 280 pr 120 GN Gas wits 725 GN GB wis 30 GW Coal A #5 GW Coal B 700 Great t cw 28.348 F waa =F CTT 54 Egelai 7 9300 3 8288s 288s H of Lakes 7500 Headway 30600 H 6500 » = Howey Com 1150 Hollinger UN um Hoyle 2580 300 00 Yellorex Hud Bay $ : Yk Bear Hydra Ex 523 "" 4 Young HG (nspiration £700 32% Yuekno Int Nickel 15208 $52 4 Zenmac Int Moly 31000 34 5 Curd 9 irish Cop 0 - 3 Bulolo parle »" ne a - i Iron Bay »s Pend Ore A . Iso + Yukon Con Gr Plains 850 3 5 w------ Home Of] A 4070 i 5+ . HES sis TT Home OL B 3303 ' BoeleBBE8aall epB¥gn s58.51 84% P as Zz 47928 720 - - Dynamic 14087) F 23 i= 3 Sult Imp Life Imp Oil Imp Tob imp Tob pr Ind Accep 8%. cod. nes Es _F > Jump Pad Jupiter LI Pete Lengpolnt 4 1 + Majtrans Bronze pr -- = Marigold Int Utd 345 1 3 Mayfair Int Util pr 3 © 3 Medal Intprov WS 26% + » Midcon Intprov 38 wt 4 " Mill City Inter PL CC 4 N Concord Intpro SU + N Cont Inv Syn 1 + 1 N Davies Inv Syn A 200 + N Superior Jamaica 1 Northeal Jamalea rt 1453 + NC Oils Tetferson + NCO wt Northld io fluoridation Suns Be Lion against many gag a civil rights in relation to fluor-|tion--in a community's water! fluoridated water is safe. idated public water supplies | supplies. Expert testimony has took a three-hour look Friday ed preventative in modera-|tion to show conclusively s¥.e = i Okalta 1 Kelly D A -" Pac Pete 1157 0 M8 13% 9% of Appeal, head of the three 'cuted mandatory fluoridation of | by about 65 per cent. : | RBOIG 100 1 : {member commission, reminded drinking water in support of Members of the L.D.A. and All Leading Can. Stock Exchanges 19 {Witnesses to stay on the subject what he said was the majority . of civil rights. The commission decision. If the minority anti-flu- | {had already heard sing view-! idati £r a \ Right Argued points on health factors Involved sap ne "a eae er ia; 3 THE CANADIAN PULP & PAPER INDUSTRY would be a case of discrimina.! For 3 Hours | i re. Ba a ee Nildved Yas, esd of She CONSOLIDATED PAPER argued whether anyone. has the Kingston Pure Water Committee TORONTO (CP)--The Ontario Sg I pu Suskiolled amounts| representing some 4,000 residents L 0 wm) : lak uorine--a deadly poison only|said the "burden of proof" should McMILLAN BLOEDEL & POWELL RIVER foyal commission on fluoridation, y,, uyneepirated form and a toothi rest With fo pro-fluoridation fac- that'd OSHAWA BRANCH 22 KING ST. E. RA 5-3501 shown|¢ A. R. GARRET, Manager W. J, PARKER, Asst. Time and again r. Justice K.! Jon Kieran, representing the that one part fluorine to 1,000,000 00 @ G. Morden of the Ontario Court Health League of Canada, advo-|parts water reduced tooth decay OPEN FRIDAY EVENING TO 6 P.M. |Offer Accepted [Foreign Money Stanrock Assets Reported Wary " o nt ¢ TORONTO (CP)--Clarkson Co. into a collatefal agreement to yo" Gren Soria May not Cate Ltd., of Toronto, trustee in bank-| purchase the claims of unsecured ; 7 ruptcy of Stanrock santos] eed at 90 cents on be dollar ei loans bute Ju the Jat a . Mines Ltd., announced Friday it|within 30 days afer closing. investment banker said Friday has accepted an offer by Rio Tinto| It stated operations of the com- M 'A ' | Mining Co. of Canada Lid. for the pany wil] be under the control of : Es D' Arey. who heads a pow: |assets of the hig Blind River, Rio Tinto until Dec," 31, 1963,|erful British investment group is | Ont., mine. after which time it will revert to| Canada, said in an interview tha | Ad wi $ . millions of European investmen' | Beside the Rio Tinto offer, an the sharheolders with the prop dollars may go te Australia in offer to take over Stanrock has!erty clear of encumbrance. > the meantime, the mill will be stead. . Ae been Wate by: Denisty closed and preserved on a care He said this European invest The offer price, which was not/and maintenance basis. At the ment money was withdrawn fro | diclosed, provides for payment in|time the property reverts to the outh A thea, : [full within 30 days after closing, | Shareholders the company will be Ay [rArcy a} many satin g 3 r will have - stor: | expected to be on or about June free of debt and will have $1,250 pe investors boug i on (30, of the full principal amount 900 in the treasury. oil and gas stocks near vol and all accrued interest on the Rio Tinto has agreed to make Years ago. A number of es | outstanding bonds. provision for severance payments Supposedly Blue chip stacks vi It also provides for the pay- to eligible employees of Stanrock Topped saatp y. he explained. {ment in full of all claims of cred-|on the same basis as that made be Many Zurone ans now Fesiem itors within 120 days from eclos-|t0 employees of the other Rio|ber it as the place they got the ing. Tinto properties at Elliot Lake, fingers burned." he said. A spokesman for Rio Tinto said Among other investments, Mr | PURCHASE AGREEMENT employees of Stanrock will lose D'Arcy's group holds the larges The announcement also said their jobs as soon as the mill|single block of stock in the $80, that in order to alleviate any ceases to operate but that the 000,000 Mcintyre Porcupine Mine: hardships which may be suffered Stanrock contract would assure Limited, which in turn control: by some of the unsecured credit-/ longer production for Rio Tinto's the $100,000,000 Ventures Limitee ors Rio Tinto is prepared to enter| Algom mines in Elliot Lake. mining group, "INE LI 4 ' BUSINESS SPOTLIGHT VICTORIA (CP) ~ Victori University has named Dean W Halliwell as head librarian, te guide planning for the - mew | Hope Inspired a rt Eso librarian at the University: 4 Saskatchewan By Industrials = By JOHN PICTON \--helped boost the prices of Abi- Canadian Press Staff Writer |tibi, Great Lakes and Anglo-New- Some brokers -- the optimistic/foundland, the latter raising its |ones--are talking of better times|interim dividend rate in the Toronto stock market RECORD LOW This follows the end-of-week [nternational Paper was the ex- 7ains made hy Industrials, when ception, dropping to a record low the advanced move han 4llgor the year | points on index, a movement that A reported increase In ingot |is unequalled in recent reks production for the first four | Two weeks ago, one investment months of the year helped to adviser sald: "If selling during|/boost steel issues, which were the next two weeks is not strong|trading vigorously at Friday's |lenough to push prices down|close, through the early March lows| Utilities, banks and financial with substantial volume of trad- houses also had a good week | ing. then a much healthier invest- while, among food stocks, Loblaw ment climate will be ndicated."| Incorporated hit & low for the Some see signs of this change|year lof heart on the part of investors| Mines had an eratic time, while |and, despite the deteriorating in- golds continued to drop. But west. |ternational situs , the "boom" ern oils traders hardly could re- |seems to be catching on since/member having it so good Wall Street and Montreal! closed! Index changes at Toronto: In- the week on a higher note dustrials up 3.87 at 493,50; golds Meanwhile, 'back in Toronto, down 1.47 at 79.30; base metals |papers took the initiative among up .83 at 157.03; and western oils winning industrials. An increase|ahead .12 at 89.03. of 114 per cent in Canadian, Index changes "at Montreal: newsprint output over the first/ Banks up .34 at 53.14, utilities up {quarter of the year and a drop|.8 a. 137.7, industrials up .6 at |in the Canadian dollar discount-- (2,80, combined up .7 at 434.0, an incentive to American buyers"and golds down .56 at 70.65. Steel Output "MUTUAL FUNDS z TOURS FIT ANY BUDGET. YOU KNOW Rates Lower All Canadian 3 4 THE COST BEFORE 85 YOU LEAVE. American G. 'd 7.50 Py WLILIAM P, SNEAD | American Grow, Pe 7.30 Research Dept., | Canafund J. H, Crang and Co. Corporate Investors . | Group' Accum Forecasts of lower steel oper- Investor Growth ating rates, an increase in the| Investors Mutual U.S. treasury bill rate and a de- Mutual Accum cline in railroad earnings all con. North fungrivay ean tributed to hold the New York pe ied merical 4 market in a very narrow range (nited Accum ¥ i FROM 2 DAYS for the entire week. The Dow a SRNR : Jones Industrial Average moved | TO 3 weeks narrowly between 600 and 610 while the rail average reached i \ level since September : Net earnings of Class I Battle Still On railroads were reported at $M| oppaAwA (CP) -- During the million for March, down from $58 oc 1 our Friday afternoon period : million in the like month a year| .: acide in the House of Com- saad INDEPENDENT -- ago mons for private members' bills, | LEAVE WHEN Steel production was cut back the CCF continued its opposition| § You for the eighth time in nine weeks to divorce measures. One bill was| ; URE to 73.8 per cent of capacity. Fur-| passed after a 'F attempt to ther cuts seem in prospect and gend it hack to committee for an operating rate of 65 per cent|fypther study was defeated 72-9. {in coming weeks seems a reason-| . The vote called only 81 of the able forecast. House's 263 members to the The interest yield on U.S, treas- chamber. The House rose a few COMPLETE ury bills moved up again from minutes before its normal six TOURS START 3.003 per cent to 3.274 per cent, o'clock adjournment hour when a AT $37.00 refiecting Zgail the slackening of meraber noted the absence of a demand for bills as banks and quorum of 20 members, includ-| § corporations divert more fundsiing the chairman. | ONLY $10.00 into business operations. The bill A couple of members were DOWN ON TOURS rate in Canada declined this| alled into the chamber, and the| £3 $100.00 9 2 n OF x week from 2.82 per cent to 2.67|po ce adjourned with 22 present, per cent, complementing the de- eC m------------------------------------ cline in the exchange rate on the Canadian dollar to 2% per cent. H d Bo: d The decline in the Canadian ex- Y Io n S change rate was reflected in bet- ter prices for copper, paper and distilling shares in the Toronto est ar et {markef., But, some real leader- PRICE INCLUDES ship is needed from New York By THE CANADIAN PRESS TRANSPORTATION to. make trading volume expand The bond market this week was significantly. tested when the Quebec Hydro- THE BEST OF HOTEL With the present outlook such Electric commission came to ACCOMMODATION leadership will hardly be forth- market with an issue of $50,000,- THE BEST OF |coming and should support fail 000 four, nine and 22-year deben- SIGHTSEEING {during the present testing period, tures at 5% per cent. AND OTHER FEATURES the next phase of the bear ma The issue was well received | ket thal we have been watching and sold quickly to a slight pre-| since last January may gel nium under way, nei BS E8SBRA The government of Canada bond market showed little change 'STOCK MARKET with prices fluctuating in a nar- \ | row range. | For more NET EARNINGS The banking system cash po-| § information sition showed a certain easiness| § contact your . { {this week with day-to-day money| § * Travel Agent By THE CANADIAN PRESS trading at 2'2 per cent. The gov- or call Son Aluminium Ld, 3 mos. ended a nent treasury bill auction TY y March 31: 1960, $8,804,000. 20|,. 4 ced an average yield price CN Ticket Agent Sos a share: 1959, $2,310,000, .¢ 9 67 per cent on the 91-day | eight cents. issue, a change from 2.82 per | South American Gold and Plat-|cent last week. RA 3-4122 4 /inum Co. year ended Dec. 31: inet N " hh The provincial market was rel- 1959, net loss $108,777; 1958, met ively inactive throughout the profit §344.311. week with Ontario 5% per cent May 1, 1980, trading at 98. J. H. CRANG & CO. Research Studies Available On FR DEPARTMENT ST. LAWRENCE CORP. ' 3 KING ST. WEST, OSHAWA Please send me your FKEE ABITIBI ee LE TTT. CANADIAN NATIONAL RAILWAYS ADDRESS. ........ o qu o o |