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THE OSHAWA TIMES, Soturdey, May 18, 1963 73) Market Rescued By Late Buying By GARY COOPER 'ever showed heavy turnover and Canadian Press Staff Writer a new high for the year. A late flow of pre-holiday buy- There was little of note among ing on Friday saved Canadian|utilities, newsprints and banks stock markets from an over-|with the exception of fairly balance of losses this week volume in Bell Telephone, CPR Some analysts suspect that|and B.C, Power. The latter, ac- the markets are entering a con.) cording to rumor, was being solidation period and a possible|taken mostly for American ac- reversal of recent rises, but) count. most feel the uptrend will con. Gas stocks, taking a lead tinue. from Consumers', fared rela. In Toronto, the share volume tively well, and financial issues and dollar value were both|and refining oils closed gener. lower than last week as institu-/ ally on the upside, ; | tional buying, in the form of}! Western oils, posting the, large block sales, was obviously |largest index gains in Toronto,| lower than usual. ' showed increased activity under The Toronto industrial index, the leadership of Pacific Petro- --compiled from 20 representa-| leum. tive issues--moved less than The big. producers over-shad- two points higher and fell short/owed speculatives in changes in of record heights set May 9.)the base metals market. Nor- The western oils inuex was|metal and Quemont both hit ahead more than two points and|new 1963 highs and [nterna- base metals and golds stayed! tional Nickel and Consolidated about where they closed last! Mining and Smelting were both j in large demand, REPORTS FAVORABLE A number of mining reports, | including one from Hollinger| Gold, were favorable. Hollinger} reported a consolidated net profit of $1.65 a share, more ; than double that of the previous Friday. SUGARS SET PACE Foods were among the higher main list issues as sugar gained on the week. Canada and Do- minion and Atlantic Sugar headed the upswing after in. creases in sugar prices Despite a report that the stee industry hit a production rate » of 111 per cent this week, mosf issues in he section barely moved in price. Algoma, how- On index at Toronto, indus- trials rose 1.92 to 645.76, golds! .09 to 88.24 and western oils 2.27 {to 126.63. Base metals slipped 08 to 216.71 = Bill Volume at Toronto was 17,763,. reasury 1 S '228 shares compared with 19,-/ | 839,520 last week and dollar| D I Yj ld | value was $53,920,736 compared) own n 1e with $58,447,139 | joa ies ' adn On index at Montreal, indus- 'By THE CANADIAN PRESS. | trials were unchanged at 129.2, Treasury bills moved down! sede penta | papers were unchanged at 113.5, slightly in yield this week with) itilities rose 1.0 to 122.9, com. the 91-day bills averaging 3.28) \osite advanced 0.2 to 1284 and per cent compared with 3.33 per! ).0, " cent last week and the 182-day oh Were ge at 132.2 bills at 3.36 per cent compared.) ,.. ames Fle : ontreal: indus. with 3.40 per cent ee ae shares compared Dealers' inventory in the short ed are last week; mines term area continued to BOW, | 0'97'394 shares compared with but much of it is in treasury] seen bills out on re-purchases on varying terms. The short-term Canada mar- NET EARNINGS ket moved ahead sharply with ee ; : the success of the short Canada| BY THE CANADIAN PRESS issue of $175,000,000 3!4-per-cent Little Long Lac Gold Mines July 1, 1964 initially offered at | Ltd. year ended Dec, 31: 1962, 99.35. The securities have since $66,836; 1961, $146,952 traded as high as 99.70 _ Nova Scotia Light and Power, On the long-term market a er Ltd,, year ended Dec. 31: new four-year 414-per-cent issue, /%2. 5,018 418 $1 ye a share; to yield 4.53 per cent and.a 1961, $2,592,905, $1.27. 2-year five-per-cent issue to) Quebec Telephone, 3 mos. yield 5.07 per cent were brought ¢"4ed March 31: 1963, $420,966, | to market this week. Both issues 44 Cents @ share; 1962, $421,095, were well received with the "4 cents, inzeat issue gaining % and the 25-year issue % ' The provincial market was YEAR ROUND quiet. The Province of Ontario LUXURY is expected to come to the! market shortly with a new $60,000,000 to $75,000,000 issue. The corporate market was ¥ strong once again with gains ranging up to % point. Most active issues were the T. Eaton, Rio Algom Mines and Traders Finance issues, all 5%4-per-cent issues due 1983. By THE CANADIAN PRESS ; Canada Foils Ltd., common 4 15 cents, Class A 15 cents, Aug. 15, record July 31. Rie --, Mines Ltd., 40 cents, June 26, record June 5. ; $8 Union Gas Company of Can. film" See caper of Ametion if avaren MOTOR HOTE. ada Ltd., common 15 cents freeways and points of ine terest, é : a ' + » fooms, suites ac 1, record July 5; series A kitchenettes, fresh water pld, 69 cents, series B pfd. 75 pool, 24 hour switchboard, cents, June 30, record June 14,, complimentary breakfast, free RASA ares an NL A arkingy tadio, TV, air cone itioning. RETAIN DEATH PENALTY 7212 $ MONTPELIER, Vi. (AP) -- Noni plead agit of The Vermont Senate has de- ywood Freeway. (Route feated 15 to 14 a bill to abolish 101), Sunset Bled Exit punishment for _first- capital en murder convictions, The HOLLYWOOD, ill would have banned the CALIFORNIA death penalty for persons con- victed of a first-offence of mur. | 1, HOI " der but not for persons con-| big beh gah a victed of killing a police officer.| SERVICE STATIONS OPEN THIS SUNDAY 7:00 a.m. to 9:00 p.m. RUSS'S CITIES SERVICE STATION 767 PARK RD. S. and CORDOVA RD. BISSONETTE'S SHELL STATION 381 KING STREET W. DURNO'S SUPERTEST STATION 374 KING ST. EAST BILENDUKE'S ESSO STATION 1004 SIMCOE ST. SOUTH COOPER'S TEXACO STATION 410 RITSON ROAD N. SPUR OIL STATION 78 BOND ST, WEST BILL'S WHITE ROSE STATION 352 WILSON RD. SOUTH MONTY'S B.A, STATION 284 SIMCOE ST. SOUTH ROBINSON'S B.P. STATION 574 RITSON RD, SOUTH KENT'S WESTERN B.A. 136 KING ST. WEST ADAMS VICTORIA DAY wa ' ~~, From 9 a.m. to 6p.m. MONDAY, MAY 20th ---- -- = =$pEelals --_--=-- NO MONEY DOWN: UP FOAM CHIPPED PILLOWS LIMITED SUPPLY THROW CUSHIONS LIMITED SUPPLY MAGAZINE RACKS Brass LIMITED SUPPLY $1.99 VISCOSE BLENDED BLANKETS $4.99 BOUDOIR LAMPS LIMITED SUPPLY $4.99 COFFEE TABLES Arborite Tops $8.99 ADJUSTABLE IRONING BOARDS $6.99 SCATTER MATS Nylon, Limited Supply $8.99 BOX SPRINGS Sizes 30", 36", 39", 48". $19.99 Electric KETTLES Thermostatic Control LIMITED SUPPLY $7.99 PATIO TABLES 19" Diameter $3.99 HOMESPUN BED SPREADS Size 80 x 100 THESE SPECIALS WILL BE ON SALE AS LONG AS THEY LAST! TO 3 YEARS TO PAY "We finance our own credit!" (Retell Seles Tex peyeble at time of purchase) ADAMS Here it is... the sale with the best of everything! Make Vivtoria Day a family shopping day! This sale just about features everything (including gifts, and refreshments!) for the home that wants to get ahead! All prices have been reduced, regardless of cost, so imagine the savings that you can make with the prices quoted here! So... shop Victoria Day! MAKE YOUR DAY. OFF, PAY OFF Sua eS . ® Trim, Up-To-Date, 3-Piece Bed Straight-line styling, with a sparing use of brass hardware! High- lights: 3-drawer single dresser, with bevelled edge mirror; 4-drawer chest; 4'6" pane! bed. Dove-tailed constructed drawers --- side guides, Rich, full-grained walnut finish. Three-ply veneer tops and gables. (Night tables are extra.) i Deep, All. Foam 4" Cushion! cs \ * ee 2-CUSHION SOFA & CHAIR Under the fabric you have a hardwood frame construction, with resilient, no-sag springs, and foam-fill- ed, reversible cushions Tailored in hard-wear- 9.95 ONLY $1 WEEKLY Arborite top. Rubber moulding. Seats and contour - shaped back padded with Tufflex. Black plastic caps on all legs! ing fabric, yours in any of 5 colors. Walnut or natural finished taper- ed legs! To get your share of bar- gains!. Make a date to come in 40 KING ST. W. Ontario's Largest Home Furnishers 5-PIECE DINETTE GROUP Choice of chrome or phenol frames. Table and 4 chairs. Table, 30' x 48", one-piece 9:9 Only $1 Weekly 4.95 ONLY 40c WEEKLY THIS COUPON entiles you to @ free pair of les- Hattering, 15-den' ven- ing sheer nylon, Reinforced heels and toes. Expended welts, Sizes: 8% te 11 Seomless! One pair te @ person. Offer expires at 6 P.M. Monday, Mey: 20th. CLIP THIS COUPON y PD © REFRESHMENTS 3-PIECE SETTEE SET Love seat, 2 Matching Chairs Danish Style. ' 49.95 179.95 219.95 229.95 179.95 199.95 349.95 89.95 19.95 99.00 3-PCE. SECTIONAL with Matching End Tables SIMMONS HIDE-A-BED Double Bed Size, Nylon Material, One Only. Reg. 259.95. 3-PCE. BEDROOM SET Fitton Parker, Double Dresser with Plate Glass Mirror, Large Chest, .Panel Bed. Reg. 299.95 3-PCE. BEDROOM SET Large Tripple Dresser, Chest and Panel Bed. Reg. 249.95, MARCONI STEREO Combination AM-FM Radio, BSR Changer. Reg. $249.95, 2-Door Refrigerator Westinghouse 105 lb, Zero Zone Freez- er, Automatic Refrigerator. Reg. 389.95 5-PCE. DINETTE SUITE 36 x 60" Table White with Turquoise In- Lay, 4 Matching Chairs. Reg. 139.95. BRAIDED OVAL RUG 6 x 9 Red and Green 12-Pce. Summer Ensemble 7 ft. Umbrella, Steel Table, 2-Deluxe Folding Chairs and Folding Chaise, 7 pce. Tumbler Set. cE FLOOR-COVERING HINT: A new carpet adds so much to @ chesterfield, bedroom or davenport set! Come in and see our vost selec- tion! SHOP FROM 9 A.M. TO 6 P.M, DURING OUR VICTORIA DAY, 9-HOUR SALE TEL. 725-6535 i i