The Guardian -- 1958-10-08 -- Page 11

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    SUMMARY

    gy THE CANADIAN PRESS

    Toronto Market higher
    moderate trading.

    New York — Market
    changes narrow.
    _Montreal — Market higher in
    wery active trading.

    ~~ CURRENCIES

    MONTREAL (CP) — The US.
    ' closed Tuesday at a dis-
    count of 2 25-32 per cent in terms

    Canadian funds, down 3-16.
    pound sterling $2.73%2, down %.
    ——

    _ TORONTO

    TORONTO ‘CP) — The stock
    t was mixed today in mod-

    erate trading.
    . Base metals closed at a 3958
    high with a 1'2 point index gain
    4q 173.14.. Golds were off a few
    decimal points but western oils
    dipped more than one point after
    - advancing for ix straight ses-

    ons

    in

    mixed;

    - s Western oils were hit by profit-
    +aking in early trading and were
    ‘practically unchanged in the final

    - two hours today. Most senior is-
    sues dropped fractions with
    Bailey Selburn hardest hit, down

    ‘H at 10%. .

    + Speculatives were not as active

    eas in previous sessions in the last
    week. New Hosco was the big

    ‘winner up 14 cents at $1.79.

    Noranda, Canada’s second larg-
    est copper producer, led base
    metals with a. l-point gain at

    “$i. Hudson Bay, Falcobridge

    ‘and Consolidated Mining gained

    "in a “% point. range but Interna-

    “Yonal Nickel eased % at 86.

    ©"thdex changes: Golds off .05 to

    ($2.63; base metals up 1.51 to
    173.14; western oilf off 1.10 to
    142.17.

    TORONTO CLOSING STOCKS
    By The Canadian Press

    Toronte Stock Exchange—Oct. 7
    (Quotations in cent unle marked $.

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    nice
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    g-Odd lot, xd—Ex-.dividend, xr—Ex-
    right, x—Ex-warrant.) ae
    t e
    Steck Sales High Low Close Ch’ge
    fo MINES
    Acad Uran 163 64% 6% 6%
    Advocate 10650 360 315 330 —30
    Agnieo 500-52 52 52-2
    Akaitcho 2500 50 45 50
    Alba Expl 1000 8 8 8
    Algom 350 $15% 15% 1544 + %
    Algom deb 80 $99 99
    Algom viw 490 500 475 475 —35
    Am-Larder om 15 15 15 —l1%
    Amal Rare M19 25% 21 21% —l%
    Am Nephe 2733 70 70 70
    Awaeon 15433 60 «456 @ 4+5
    Ang rouyn 2000 2% 2, 25 i
    Ansil 17739 2 25 29
    Arcad wts 17100 7 5 5 2
    Area 1300 162 100 100 —1
    Arjon 3000 «13% 13% 134 + %
    Atlin-Rut 9300 184 15 15 —3%
    Aubelle 1000 5 5 5
    Aumacho- 22200 15 14 % 41
    Aumaque 3050 10 9 oS -t
    Aunor 300 25 25 «245 1
    Site 2 ae ge eS
    Bankene 1000 «18 17% 18 .+1
    Barnat 29900 168 160 165 —1
    Barvue 16a 818 8
    Base Metals 1530 19 19 18 41
    Baska 7000 20 18 i9 —2%&
    B-Duq 400 me oF et
    _Beauecage 1500 30%. 30% 30%
    “‘Beav Lod 1200-22 22 22
    _ Belcher 7000 108 104 105
    Bethim 4200 102 9 3 -—3
    Bevcon 99500 17 16 17 —1
    Bibis 1000 -54%Ci “CS
    Bicreft 6350 9 9 8 —$
    Bieroft wis 500 1244 12% 12%
    Black Bay 2800 32 30 32 +3
    Bouzan 25900 57 54
    “Boymar 8500 8 7 2s
    *Bralorne 500 600 600 600 +10
    (Broul Reef 5000 53 51 52
    Brunsman 2000 6 6 6
    Brunswick 950 425 3090 425
    Buffad 11900 9 6 84 42%
    Buff RL’ 200 7% TH MH+i
    Bunker Hill 1000 16 10 0 +%
    Cable © 1500 «28 23 28 —2
    Camp Chib 15965 795 755 775 +45
    Camp BL 300 846 840 840 +35
    Cin Asteria 400 7 #7 #7 +%
    C Malart 79050 % 88 8 —7
    CN Inca 47239 34 «431% 4 —L
    Cdn NW 2500 48% 45 48 —%
    Candore 5000 - og = a
    care 9140 110 105 105 —4
    C-Met wts 2525 40 40 4h
    *€4ptain wooo 8612~—COidL 12
    Cassia 250 800 795 800
    Cent Pat 2080 110 101 10 +1
    Cent Pore 14500. 26% 254% 26 -—2
    Cheskirk , 700 6 7 gees, ete
    Cheter ‘ 10200 21 2 21 +1
    Chib Jae 42622 62 58 66 +3
    Chib-Kay 12000 «17 1k. +t
    Chib M 2600 140. 135 140 +10
    Chimo 1300 «52 52 52 3
    “Chrom - 1400 320 300, 315 +5
    Coch Will 300 242 240 242 +7
    “Cody-Reco 4500 24 22 22
    Coin Lake 1000. 14 13 13
    Coldsirm 122500 464% 42 45 +3
    Colomae 4000 OR 8. 7
    Conib Met 316 38 36 «38 «—2
    Coniagas 2200 «58 =. 550 55 2
    € Bellekeno 2008 11 11 11
    C Beta G 1500 12 12 12
    ©, - Callinan 1000 «13% 13% 13%
    “€ Penison 3815 $13% 13% 13%—%
    C Fen 3142. 5F 38°"
    CG Arrow 1000 «17 17 17. +1
    C Halliwell 73600 72 67 68 —1
    Con Howey 2800 305. 300 305 +5
    C Marben 10600 45 40 4 —5
    Con M and S 3082 $21% 21 M%+%
    Cc, Mogul 1840 195 188 183 —5
    CMorrison 1500 21 21 21 —1
    Con Negus 8500 22% 22 22%4%+%
    Cons Que 1000 «=637 37 37
    C Red Pap 1000 10 10 1 —1
    C Regcourt 1700 16 154% 15%
    C Sannorm 6000 ™ 6 6 —1
    Con Sud 27000 = 85 78, 8 +7
    Conwest 100 340 340 340. -+5
    .€op-Corp 20300 39° 32, «32 «8
    “Cop-Man 32625 18 (1% 18
    a 13963 200 193 197 -—3
    4300 110 109 108 —1
    500 10 10 10 -—1
    7000 «14 gS. 13. —1
    Daering 3750 «39 38 39°C 1
    D’Aragon 3010 50 47 474—%
    Cour 1000 27 27 «27 «61%
    Deer Horn - 1000 17 17 17
    D'Eldona nee 48) tee ae ES
    Dome 625 $1544 15 15 ‘
    Donalda 14990 «=«14 12 13. —1
    Duvan 700 2 18 184 —1%
    E Amphi 63375 ©254% 2 23 —l%
    East Mal 2000 150 150 150,
    East Sull 2525 239 225 237° +7
    East Met 5008 8 8
    es 600 67 6 6 —3
    \E} Sol 8500 10% 9 $=
    Eureka 2800 +. 28 27 28
    Falcon 3795 $2654 26% 26% + %
    Faraday 105. 100 102 aan
    F'west Tung anny 1144 14 14
    Francoeur 94500 12 10 1 =
    Frobisher 2100 18) 180 185 +1
    Geco” Mines 2590 $17 165% 16%
    ‘Expl All 194500 144 12 12
    leon 3795 $26%4 2656 261 + 4
    Faraday 2005 105 Io 102 —
    F’west Tung 2000 144 14 14
    Franeoeur 94500 io 10 -!a
    Geco Mines 2590 $17 1654 16%
    Geo Scien: 6500 5 68 75 +10
    Giant YK 2300 500 470 «470 —25
    Glacier 3600 2314 2314 2344 + 2
    Goldale 18600 22 20 21 —1
    Gold Eagle 18000) 19 18 i
    Gold Man 8100 30 28% © + %
    GF Uran 12600 28 26428 +2
    Grah Bous 500 7 7 7
    Grandroy 1262 18 18 #18 —1
    Grandue 3850 230 «221 40-225 :
    Greyhk 13900 18 416% 17 + %
    ~Guleh 1500 19 18 #19 +%
    , Gunnar 4232 $17% 17% 17%
    Gunnar wts 2160 70 760 760. —15
    Halmon 4900 45 «43043
    Hard Rock 1000 10 10 10 —1
    HarMin 10200 19 17% 19
    Headway i700 56 53 , 355 +3
    Reath 30008 7 8 +%
    Reva 1000 5 5 5
    Righ-Bell 250 145 145. 145
    ollinger 1020 $264 2% %4+%
    Royie 450 445 435 445 :
    Rud Bay 187%) $57%4 56% 574 + %
    HughPam 2500 194 19 19

    _ DAILY MARKET QUOTATIONS

    Ind Lake 500 5% 5 5a
    Int Nickel 3953 $8644 854% 86 — %
    Int Ran 12500 33 31 99 ae
    Irish Cop 11990 285 270 275
    Iron Bay 600 175 171 172 49
    J Waite 3000 184 17 «17 5
    Jaye.Expl 16000 54 52 34
    Jellicoe 300013942 39
    Joburke 2000 17%% 17 Then
    Joliet 3000 «33% 32 832
    Jonsmith 5000 18 171% 18
    Jowsey 1378 54 SY" 5A
    Kenville 2000 6 6 Sarees
    Kerr Add 1520 $18 17% 17% — \%
    Kilembe 2600 200 198 198 —2.
    Kilem wis 500 57 . 47-87) 41
    irk: Hud 959 # ie Bg ae
    Kirk Min 1511 42° 40 42 492
    Labrador 1165 $21% . 21 2%+%
    Lake Cin 911-106 103 106 41.
    L Dufault 6840 75 67 § 75 +9
    Lake Ling 3000 10 %% 9% —1Y¥
    L Osu 4000 20 17 47 4
    * Wasa 4000 21% 21 21 4
    ree ba. 200 2708 270 27
    Leitch 2000 140 139 139 ay
    Lencourt 3000 121% 12 Tear
    LL Lae 500 182 182 102 ‘:
    Lorade 3350 52 50 51 os
    Lorado wis 250 28 98 2% 2
    Lyadhst 4500 $21. 20 var Sy
    Lynx 2000 8 8 Gata
    Macassa 800 310 300 300
    Macdon 15700 30 26 30 43
    Macfie 112800 1714 16 17% 41
    MacLeod 4000 105 105» 105
    Madsen 4000 240 235 935
    Magnet 10005 5 $7 ste
    Malartic , 1000. 99 98 % 2
    Maneast U 1000 7% 7% Wh %
    Maralgo 48600 31 28 31 +1 ‘
    Maritime 37450 129 112° 114 6
    Martin 3500) 25 py eee Rees |
    Matateh 13000 19% 19 19 —_¥
    Maybrun S20 Mee ae ey
    McIntyre 205 $8514 85 8% + %
    McKen 7379 . 35 30 5 eae
    MeMar 1000 10% 10% 10% — %
    MeWat 15500 38 32 33
    pred 500. 13 13.413
    erril 26000 114 108 °
    Meta Uran 5500 12 e es os :
    Midrim * 9500 97) 93. 97° 43
    Milliken 8400 223 215 219 44
    Minda 500 7% The Th
    Min Corp 3921 $144 14 14 —%
    Min-Ore 5000 «1919 19
    Mt Wright 5693 53 50 52 42
    Multi-M 3865 66 65 66 42
    Nama Cr 6600 17 15 15 —3
    Nat Expl 11000 13 11% 13 41%
    Nealon 80300 Th 6A 7%
    New Ath 500. $2. 5
    New Bid 3000 6 5 Cae oak 8
    New Delhi 6000 = 32 30 31 8
    N. Dicken 1600 210 210 210 41
    N Goldvue 72500 14 1% 14 42
    N Harri 4500 13% 13 1% 4%
    New Hosco 122200 179 166 179 +14
    N Kelore 3500 | 7 64% te —%
    Newlund 61100 443839 gg
    N Man 200: 27 Oh Ogg
    N Mylama 59150 64 59 59 —3
    Newnor 6000 ohh 8 ase a
    N Senator 2000 44 4% 414 — %
    Nickel Ms 1272 73 73 73 +5
    Nipissing 400 185 180 180
    Nor-Acme 3700 151% 15% 15% + %
    Noranda 3569 $5144 50% 511% +1
    Norlartic 43800 4 4 43 42
    Normetal 5204 325 315 325 +10
    Norpax 6800 24 23 24
    Norsyne 2500 8% 8 yaaa
    N*Goldert 5865 57 55 55
    N Rank- 10700 126 116 121 —4
    in tant ee 264 215 220 —30
    orsp 9050 165 111 125 —50
    North Can 300 130 130 130
    -gnudul 2700 21 #19 2 41
    O’Brien - 5200 78 68 7 —10
    Oka Rare 1500 131% 13% 134—4%
    * Sevag a 2 820 «(20
    em 560 $40 900 935 20
    Orenada 500 «10 10 10 ae
    Ormsby 550 36 36 65 -
    Osisko MO We 98. ag ny
    Paramaq DG 8. OS 6
    Parbec 8000 6% 64 b4A—%
    Pardee 2200 54 52 #52 42
    Pater 900 40 40 40
    Paymast 2400 18 18 «18 =~
    Pee Expl 2000 19 19. 19 —1
    Peerless 500 «28 pate: ae ef
    Perron . 1500 «(24 2344 24 +1
    Pick Crew 1602 94 93 93 —2
    Pioneer 700 118 #4117 #118 —2
    Plaeer 475 $1044 10% 10%
    Pr Bord 8000 144 14 14%
    Preston 707 600 600 600
    Pronto 2750 560 530 535 —25
    Pros Air 500. 858 8 —5
    Purdex 6300 16 16 16
    Que Ascot 12932 42 40 41
    Que Chib 23100 «52 447 50 «+3
    Que Cop 53700 . 7 31 +2%
    Que Lab 1000 6%
    Que Lith 2310 510 4500 500 +5 |
    Que Man 1000 «18% 18% 18%
    @ Metal 53800 960 90 BC+
    Qunston 12600 30 2 2%wW%—%
    -Quemont 2335 $12 «11% 11%
    Radiore 6200 49 47 #48 +2
    Rainville 1300 50° «50 50. 5
    Rayrock 4900 75 73 73 —3
    -| Renabie 20 140 140 140 +10
    Rexspar 9000 854 51 52 ing
    Reche — 16500 . 23 214 Mkh—%
    Rockwin 17500 «43 40 42 6
    Rowan Cons 4500 18 v7 18
    St. Michael 1000 7 \ Bor eee ee
    Sand Riv 25500 «20 18 184 —1%
    Sherritt 16098 “430 415 430 +20
    Sigma 144 410 410 410 —15
    Sil Miller 7500 63 63 63
    Sil Stand 1000 «(16 15 15 1
    Siscoe 1400 «73 73 73° 2
    Slocdh VR 1367 22 62 1 22 —¥%
    Stdeona 500 134% 134% 13%
    Stanleigh 14940 107 101 101 —
    Stanlgh wts 2740 56 F30Ci«#BA C1
    Stanrck 375 213 213 22 —12
    Starratt 6000 «7 6% 6%
    Steep R 5659 $12% 1% 12 —
    Sud Cont 2500 «5% «5 54%
    Sunburst 1000 19. 19° 19 +41
    ‘| Surf Inlet 200 4% 44 4%4—%
    Sylvanite 2000 104 100 100 —3
    Taurcanis 23500 91 8 88 —6
    Taurean vt 5000 78 75. 78
    Teck-H 1245 173 163 165 —6
    Temag 14250 149 135 148 +14
    Thom L 1300 «63 63 63
    Tiara 170 64 6% 64+ %
    Trans Res 600 20 200
    Tribag 4500 $8.37, 38. 43
    Trin Chib 18000 34 33 3 +1
    Ult-Shaw 1008 16 16 #616 6 «64+1
    U Mining 1200 22 22 22 —%
    U Asbestos 4350 673 645 675 +30
    U Etella 1600 64% 6 6 —
    Un Keno 700 395 «49385 § 3985 =—5
    Un Fort 5350 45 «44 ok i
    Upp Can 19000 112 109 109) =6+1 :
    Ventures 572 $29%-.29° 2 —%
    Violam 1100 119 #115 #119 —1
    Waite Am 1585 650 640 640
    Weedon ' 9500 4 3 23%+%
    W Malar 4000 8 ™% TMhe—%
    Willroy - 7400 108 106 106 —2
    Will wts 2000 «60 60 60 —1l
    Wiltsey 36300 © 22 20% 21
    Wr Harg 1000 130 128 #129 «#4+1
    Yale Lead 21400 230 28 30 +2
    Yellorex 1000 6% 6% 6%4—%
    Yk Bear 2500 91 90 9
    Young HG 2700 63 62 63 +1
    ZEnmac — 2700 25 24 2 +1
    Curb
    Bulolo 200 325 375 385 «=6+10
    Gaspe Cop 375 33 31% 33 +2%
    Pato 125.330 3380 330 +5
    Pend ore 200 oe 280 «280 +1
    OIL
    Acme Gas 1000 21° 21 21 -1
    Ajax 2000 «72 70 70 —2
    Am Ledue 6800 19 18 18% + %
    Amurex 5il 400 400
    Anchor 6000 18 17 18 +1
    Bailey SA 720 $105 10% 10% — %
    Bail S pr 75 $23% 25 25
    Bail S 5%pr 225 $23 23 23
    Banff 4900 193 1909 193 +3
    Bata 2000 7 » Ripert area aE
    Britalta 25356 299 285 285. —5
    Calalta 2500 82 82. 82 —1
    Cal Ed 380 $3012 30% 30% + %
    C Oil Lds 425 1909 177 190 +10
    CS Oil wts 700 7 65 6 —9
    CS Pete 300 355 345 345 —)
    C Chieftn 7300 154 150 153
    Cdn Dey 3800 600 595 595
    C Ex Gas 3430 285 280 284 —1
    C High Cr 1125 30 ‘30 30
    C Homestd 500 199 190 199 —5
    C Husky 1487 $14 14 144+ %
    C Husky wts 40 810 810 810 +10
    Marigold 2000 % 9% %%—1
    Medal 1514 248 240 248 +3
    Mideon 3700) «62 61 61 —1
    Mill City 1010 «5 25 25
    N Bristol 4540 11 10 il 31
    N Chamb 1800 121 118 121 +1
    N\ Coneord 1100 16% 16% 1642 —5%
    N ‘Cont 2500 «643 39 40
    N Dayies 15100 =30 28 22 —1
    N Sup 350 118 118 U8 +8
    Northeal 625-25 22 25
    NCO wits 890 170 135 135 —15
    Northld 2000 «20 20 20 «+1
    Okalta 500 112 110 110
    Pac Pete 2510 $20% 1934 20%
    Permo pr 6800 200 «6195 19 —5
    Peruy Oils 6700 180 175 175 —5
    Petrol 7400 =72 68 68 —4
    Phillips 775 108 108 108 +2
    Provo Gas 12300 340 y -
    ont 1000 9 $
    Renee? 2500 259 246 250 —9
    Richwll 1061 130 127 127 =
    Rocky Pete 2000 10 10 10 —%
    Royalite 32 $11% 114 14%—*
    Royalite pr 0 $21 21 21
    Sapphire 500 80 80 «= 80 er
    Sapph debs 110 $39 BB | 98 \ ee
    Scurry 872 176 176 176

    Secur Free

    1800 735 720 7200 —5
    South U 6200 17 15 14 —2
    Spooner 2700 «16 16.616 —%%
    Cdn. WO 533 230 225 225 10
    Cent Del 6469 900 875 890 —10
    Charier Oil 1600 193 185 185 5
    C Allenbee 500 y 7 7
    C Dragon 2500 = 27 26 2% +1
    C Mie Mae 2400 435 425 435 +10
    C West P 400 475 475 4% —25
    Cree Oil 700 400 395 400 +5
    Cree wis 1790 181 180 180 —9
    Dev Pal 7743 134. 126, 197-7
    Dome Pet 1090 $134 134 134 4%
    Duvex 5200 14 11 14
    Fargo _ 500 660 650, 655 +5
    Gen, Pet A 1200, 340 320° 340 426
    Gr Plains 325 $1646 164 16% — %
    | Highwoed 11500 = 8 24 24° ~—2
    Home Oi] A 1314 $2034 WH Wis — %
    Home Qil B 288 $20% Wwe 0%—%
    HB OIG 458 $204 20 20
    Humber 6675 196 199 1968 42
    Jump Pnd 2300 © «28 28 28 —2
    Jupiter 600 215 205 «215 +10
    LI Pete, 4100 7 7 7 —1
    Majtrans 7000 34 3 %—k%
    Stanwell 6900 «a8 85 8 —2
    Tex Cal 1500 32 31 31
    Tidal 2700 = 86 85 5 —2
    Trans Can 1000 76 7 8676
    Triad Oil 2400 480 460 4m —5
    U Canse vit 650 155 155 155 —10
    Un Oils 37783 252 246 247 —2
    Wayne 67200 25-23 MA 4
    Wsburne 33220. 99 95 99 41
    W Cdn OG 1545 163 160 162 —5
    WCdn OGrts 1000 oe 9 —h%
    Es tel ge 34589 174 173 173
    lec wts « 300 7% _
    Ww Dec rts 179316 . a ip i TH
    Windfall 1142 138% 12 1% —1%
    Yan Can 2022 «10 10
    Curb
    Dalhousie 53517 i? 17
    SW Pete 100 110 110 No ~5
    teat BANKS
    on 2124 $51% 51 51
    NS 1149 $70% 70 7014 Ye
    Comm 1140 $5514 54% 55% 41%
    Imp ‘ 1160 $60 594 59% +
    Royal 976 $7314 7234 73% +1%
    Tor-Dom 1742 $52% 50% 51% + %
    : INDUSTRIALS
    Alumini 8213 $3242 31% 32% +1
    Anglo Nfld 8 $87 «96 37 4 ;
    Cc Brew 4257 $36 Bo) 3% +1
    D Magnes 430 $U% 11 11 + %
    oo 2145 $7 7 7%
    Nor Star 250 $12 11% 12 4+ \%
    Pmbina New 510 $8% 8% 814 — %
    Simpsons 1308 $29 28%, 285% + &
    Stedman 255 $324 32 32% +1
    Wainwrit 6100 270 +22270 27 = —i0
    Walkers 2150 $31% 31 31%

    Total sales: 4,226,000. :
    MOST ACTIVE TORONTO STOCKS
    By THE CANADIAN PRESS

    _ Net

    Steck Sales High Low Close Ch’ge
    INDUSTRIALS

    Alta Gas 10135 $22. 218% 91% +%

    Tr Can PL 8830 $3756 37% 371% %
    Alumini 8313 $3244 3134 32% +1

    Tr-Mtn 7270 S11% 1% T% +
    BA B20 $d 41% 42M ke
    OILs
    Wayne 67200 25 83s AY 41
    Un Oils 32783 252 246 247 2

    W Decalta 34589 174 173 173
    Britalta 26356 299 255 285 —§
    N Davies 15100 30 228 38 —1
    MINES :
    Expl All 194500 14% 122 12
    Coldstrm 122500 46 42 45 43
    N Hosco 122200 179 16 179 +14
    Macfie 112800. 17% 16 17% +1
    Can-Erin' 108800 37 35 36 +2

    MUTUAL FUNDS
    By THE CANADIAN PRESS

    Bid. Ask.
    Canadian Investment 9.06 9.94
    Canafund XD 36.29 38.10
    Champion Mutual _ 5.39 5.92
    Commonwealth Inter XD 7.49 8.23
    Corporate Investors 8.87 9.64
    58 Exec Fund _ 5.42 5,67
    Fond Collectif 5.25. 5.74
    Grouped Income 3.80 4.15
    Growth Oil and Gas 8.19 8,59
    Investors Growth Fund 5.72 6,19
    Investors Mutual 1070 11.56
    Keystone : 12.01 13.00
    Leverage Fund 5.75 6.32
    Mutual Accumulating Fund 7,04 1.69
    Mutual Income Fund © 5.02 5.49
    Sav. and Inv, Mutual 5,22 5.70
    Radissen ; 4.80. 5.28
    Regent Fund 5,22. 5.74
    Supervised Amer Fund 6.60 7.10
    Supervised Exec 55 36.22 _
    Supervised Exec 56 29.70 _
    Supervised Exec 57 5.09 ¢ —
    Supervised Growth Fund 1.06 2.00
    Supervised Income Fund 3,96 4,26
    TV Electronic 12:29 13.40
    Timed Investment Fund 5.40 B5.40

    A—Less and B—plus stock exe!
    commission.

    ~ MONTREAL

    _ MONTREAL (CP)—Prices were
    generally higher in active trading
    Tuesday® on the Montreal and
    Canadian stock exchanges. Sev-
    eral new highs were reached.
    Banks advanced and recorded
    five new highs. Nova Scotia, up
    % at 7044, Commerce, up % at
    55, Royal, upl'% at 73%, Toronto.
    Dominion, up 1% at 52, and Mont-
    real, up 14% at 5244, were all new
    highs. . 3
    Down % in the oils and pipe-
    ‘nes were Trans-Canada Pipeline
    at 37% and Canadian Oil at 27%.
    MeColl Oil was up % at 65%.
    Utilities weremixed. BC.
    Power was off 1% at 40% and
    Southern Canada Power declined
    1 at 49. Bathurst Power ‘‘A”
    gained %4 at 46 and Canadian In-
    ternational Power was up % at

    4

    se

    | 20%.

    Up % in the base ‘metals were
    Hudson Bay at 57 and Consolid-
    ated Smelters at 21%. Asbestos
    lost % at 32%. i ‘

    In the apers, Minnesota and
    Ontario declined 1% at 33%, and
    Abitibi lost 42 at 34%.

    New highs reached included
    Dominion Foundries, up % at
    3744, Dominion Stores, up’ 2% at
    7444, Simpsons, up 3. at 28%, and
    Ford ‘A’, up 2% at 103%.

    The speculative issues were

    The speculative issues were
    mixed, with losses generally
    higher than gains.

    The: closing averages show
    banks up .59 at 55.71, a new high,
    utilities off .7 at 147.7, industrials
    up 1.5 at 294.5, a new high, com-
    bined up .8 at 245.6, a new high,

    up .19 at 76.37, a new high.
    MONTREAL CLOSING STOCKS

    NEW YORK

    NEW YORK (AP)—A late rally
    pulled an irregularly lower stock
    market to the upside Tuesday and
    sent the list to its sixth record
    high in seven sessions.

    An uneven tone prevailed until
    late afternoon when the rise be-
    gan.

    Final gains ran from fractions
    to 2 points and more among key
    stocks. High-priced International
    Business: Machines rose 26% to a

    high of 439, passing another ultna-

    Agricultural

    (Continued from Page 3)
    is expected to exceed consump-
    tion by a fairly wide margin
    and in this event the state of the
    export market will exert a strong
    influence on Canadian prices.

    In the United States, an early
    seasonal increase in hog market-
    ings has occurred but market-
    ings throughout the fall are ex-
    pected to average about the same
    as a year earlier. Prices of choice
    barrows and gilts at Chicago av-
    eraged $19.84 (U.S.) per 100 Ib.
    alive in the week ending Aug-
    ust 30, $1.46 lower than a year
    earlier but this relationship with
    pricés in 1957 may improve later
    in the year if e-rrent forecasts
    are borne out by fact. The low-

    est prices at Chicage in the fall ed

    of 1957 were realized in Novem-
    ber, when the average price was
    roughly equal to $22.40 (Cana-
    dian) per 100 Ib. dressed.
    CATTLE

    The national herd has been re-
    duced after a seven year build-
    up. According to the Dominion
    Bureau of Statistics “The greatly
    inereased flow of slaughter, feed-
    er and dairy eattle into export
    channels since June 1957, togeth-
    er with domestic slaugher equal
    to last year, has left the farm
    population in Canada at June 1,
    1958, 2.5 per cent below the

    blue chip, Rohm and Haas, which
    gained 6 to 423%,

    The Associated Press 60 stock
    average rose 90 cents to a peak
    of $198.10.

    Aluminium Ltd. was up 11%. at
    3354. Distillers Seagrams, another
    Canadian gainer was up 4%. Cana-
    dian Pacific, Dome Mines and
    Walker Gooderham were down %
    and Granby Mining lost 1.

    There was little change among \

    Canadian stocks on the American
    exchange. Shawinigan gained 3%
    and Eureka losing 1-16.

    What stocks did:

    3 , Tues. Mon.
    Advances , all 662
    Declines 453 367
    Unchanged 280 =. 218
    Total issues 1244 1217

    NEW YORK CLOSING STOCKS
    By THE CANADIAN PRESS

    Beth Steel 4814 Monty W 39%
    Borg Warner 36% NY Cent 23%
    C and oO 66 Radio Corp 3714
    Cons Edison 5554 Std Oil NJ 59
    El Auto El 355% Utd Aireraft 31
    Gen Elec 68 Vanadium 39%
    Goodyear 96 ©Westngse 6654
    Gt Nor Ry 47%
    Int T and T 47%
    Kennecott 102

    MONTREAL (CP) ~ Agricul-

    ture department quotations:
    Eggs: Wholesale dealer prices
    to country stations, wooden cases,
    extra-large and large 47: me-
    dium 36-87; small 28-29; B 35, C
    23. Receipts 65. :
    Butter: Current receipts tender-
    able 63%, not tenderable 6254,
    fresh grade creamery prints job
    pee 6342-6444; fresh wholesale
    Cheese: Delivered Montreal not
    waxed, Quebee white 334%, col-
    ored 334; wholesale Quebec
    white 3414, eolored 34%; current
    receipts Ontario white f.o.b. grad-
    ing station 35, colored 35; no quo-
    tations for wholesale Ontario.
    Potatoes: Quebec, new, 75s 1.10-
    1.35; N.B. 75s 1.40.

    papers up .4 at 432.5, and golds|-

    By The Canadian Pres
    Abitibi 3444 Fraer 2954
    Abit pr 2444 GT Lakes 3634
    Asbestos 324 How Smith 374
    Bank Mont 52% Hud Bay Min 57 |-
    Bank NS 7042 Imp Bank _
    Bnque C Nat 48 Imp Oil. 4614
    Bathurst A 46 Int Nick 8554
    Bathurst B — Int Pap 109
    Bell 4134 Int Pete 49
    Brazil 65, Mass-Fer Be
    Bldg Prod 39% McColl 45%
    C Can — N St. Car 21%
    Cc Cement 35 Noranda 51
    € ement pr 28% Price 4334
    C Bnk Com 55 Royal Bank 13%
    Cdn Brew 35%4 Royalite . Se
    Cdn Brew pr 3536 St. L Corp 16%
    Cdn Celan 17% Shawin 31
    PR 295% Steel - 69%
    Ceekshutt 13 «Un Steel 15%
    Seagrams 33. = Walker 1%
    D Bridge 22% CANADIAN
    Dom Tar 13% Cons Pap 4h
    Dom Tar * 13% Cons Pap 49
    Foundation 13%. Ford 10314

    GRAIN

    WINNIPEG (CP)—Most. grain}

    prices moved narrowly in a quiet
    trade today om the Winnipeg
    Grain Exchange. j

    Closing prices:

    Oats: Oct. %& higher 73%; Dec.
    % lower 73%a; May % lower
    735s; Jly unchanged 734snnt.

    Barley: Oct. 5 higher 1.01%;
    Dec. 4 higher 96%a; May un-
    changed 98%; Jly unchanged 9514
    nnt. ‘

    Flax: Oct. 2% higher 2.94%;
    Dee. 234 higher 2.92b; May 3%
    higher 2.9542; Jly unchanged 2.88
    Yonnt. ; ;

    Rye: Oct. 5s higher 1.07; Dec
    5-4 higher 1.09%sb; May %
    higher 1.154%b; Jly not open.

    Prices for class two wheat for
    export to countries outside IWA:
    1 Nor 1.6456; 1 1.695%; 3 1.525%;
    4 1.4256; 51.3958; 6 1.3558; 1 Du-
    rum 1.945; 2 1.9156; 3 1.7756;

    June 1957 total’’,

    Thre is still no clear indication
    that a cyclic downturn in beef
    cattle numbers is about to begin
    in earnest, but if the export mar-
    ket for feeder, and breeder cat-
    tle continues strong (as it is lik-
    ely to do) it is possible that the
    current shortage of fodder in the
    Prairie Provinces will encourage
    farmers to reduce their inven-
    tories of breeding stock as well
    a’ other classes of cattle.

    In the three nionth period. May
    to July, 1957, Canadians consurm-
    ed about as much beef as they
    produced, During May-July, 1958,
    however, Canada was a net ex-
    porter of cattle and beef at the
    rate of about one-fifth of eom-
    mercial output, production hav-
    ing increased and both imports
    and consumption having decreas-

    During the month of August,
    live cattle were exported to the
    United States at the rate of: eight
    thousand head per week, while
    beef exports were the equivalent
    of an additional 2.2. thousand.
    The total, roughly equivalent to
    ten thousand head per week, a-
    mounts to an inerease of 13 per-
    cent over a year earlier.

    Perhaps the most interesting
    development in the export trade
    has been the heavy increase in
    shipments of cattle for “long

    in the 200 to 700 lb. class aver-
    aged 3,354 per week in August
    1958 compared with only 183 per
    week in August 1957. The basie
    factors responsible for this sharp
    inerease are probably (1) the
    abundance of feed and shortage of
    shortage of fodder and the liberal
    supply of calves in Canada.

    Prices of slaughter cattle at
    Canadian centers declined
    throughout the summer under the
    influence of a seasonally growing
    surplus of cattle and a seasonal-
    ly weakening U.S. market. From
    an average of $24.36 per 100 Ib.
    alive in May, prices of good
    steers at Toronto declined to $21.-
    43 in the last week of August.
    Prices at Chicago averaged high-
    er by $1.56 and $2.77 per 100 tb.
    respectively, expressed in Cana-
    dian funds. At Winnipeg, where
    the decline was more pronoun-
    eed, the price differential be-
    tween Winnipeg and Chicago wid-
    ened from an average of $0.17 per
    100 lb. in May to $3.49 per 100
    Ib. in the week ending August 30.
    ONTARIO BREEDERS

    The Directors of the Ontario
    Association of Artificial Breed-
    ers have recently announced that
    the 1958 convention of Jheir As-
    sociation is scheduled Yor Octo-
    ber 25th at the Seaway Hotel in
    Toronto.

    This Association was organized

    AMAZING AEROWAX

    AEROWAX costs onty 49¢

    YOU SAVE ‘

    |SUCCESS

    on sounder ground to dea!
    2 in any field,

    has paid more dividends end
    is recommended by the mast
    investment dealers in Canada.

    EASTERN SECURITIES

    IWA and domestic prices: 1 Nor wo ee
    1.6456; 2 1.605%; 3 1.5256; 4 1.4256; fs we
    5 1.3956; 6 1.3558; 1 Durum 1.945;

    2 1.9156; 3 1.77%.

    Celebrate

    in the

    Enjoy a memorable Christmas
    holiday among your friends
    and loved ones back home. -
    Take advantage of special Thrift .
    Season rates, Travel in style and
    comfort aboard a Cunard lyxory
    liner on personally conducted
    sailings. Book your passage early
    for the merriest Christmas yet.
    When you go Cunard ... getting
    there is half the fun. »

    See your Local Agent .
    Ne one can serve you better

    =

    CHRISTMAS

    LOW THRIFT SEASON RA
    Tourist Class from $179
    Round Trip from $344


    HEAD OFFICE: 230 HOSPITAL STREET, MONTREAL @ PHONE: Victor 9-S651
    UPTOWN OFFICE: QUEEN ELIZABETH HOTEL, 940 DORCHESTER STREET WEST

    feed’. Exports of feeder cattle}

    through the joint efforts of all)
    Ontario A.I. Units in October 1951}
    and since that time has grown
    to be the most influential A. I.
    Group in Canada. It’s purpose
    and aim is to promote improved
    relations between the Canadian
    A.I. Units and Pure Bred Breed
    Associations and various Govern-
    mental agencies which deal eith-
    er directly or indirectly with the
    Canadian A.I, industry.

    In addition the Ontario Asso-
    ciation of Artificial Breeders has
    ‘been instrumental. in promoting
    many research programmes de-

    signed for the frmprovement of
    cattle and cattle breeding on all
    Canadian farms.

    Through the continued mem-
    bership of all Ontario A.I.* units
    plaus Associate members in Nova
    plus Associate members in Nova
    Association ‘of, Artifiicial Breed-
    ers represents over 40,000 active
    users of A.I. in Canada who breed
    over 400,000 cows in the fiscal
    year.

    Three U.S. speakers will take
    gramme.

    There will be Mr. E.A. Wenner,
    Manager of the Michigan Artifi-

    Tae ee

    Wed., October 8, 1958

    The Guardian Page 11

    eial Breeding Co-operative, who
    will speak on the Michigan Scrub
    Bull Problem; Mr. Charles
    Krumm, Manager Souther Win-
    scousin Artificial Breeding co -
    operative, who will talk on Tech-
    nician Training and Technicians
    Responsibility to the Unit and
    Members; and Dr. H.A. Herman,
    Executive Secretary of the Na-
    tional Association of Artificial
    Breeders.

    Among the Canadians taking

    part in the programr will be
    Mr. George Clemons, Secretary-
    Manager of the Holstein-Friesian
    Association of Canada and Past-
    Chairman of the Joint Dairy
    Breeds Committee; Mr. W.P. Wat-
    son Livestock Commissioner for
    Ontario and the Rev. W. A.
    Young. The Rev. Young is the
    ever popular padre of the On-
    tario Agriculture, Guelph and he
    will deliver the after dinner ad-
    dress. :

    From Field Marshal _ |
    Montgomery’s Memoirs... :

    ALAMEIN

    Tn the first of four instalments, Monty tells his own story.
    He reveals the magnitude of the task, followed by the |
    gigantic deception plan which contributed to the resound- ia
    ing victory over Rommel’s forces, in the war at Alamein. ||

    An exclusive serialization in our Weekend Magazine. pane

    ,

    modest frame building

    on savings.
    ‘Weekend

    * International

    many languages, serves

    Sitting Eagle), as he is

    still a cowboy at heart.

    * A Penny Saved
    Gordon Walker is Canada’s only independent banker,
    He earries on his business on the ground floor of a

    Cowboy at Heart

    He answered the call of the West. Pi-Tau-Pi (Chief

    in Port Hawkesbury, Cape

    Breton Island, right where he started back in 1917,
    Read about the interesting career of this unorthodox —
    banker whose fishermen-customers receive 4% interest

    * Is Hollywood Slipping?

    Oops! Has Hollywood made a slip? Or are their slips
    showing? Read what Lloyd Shearer has to say, in our
    gazine, about the current fad of showing
    scene after scene of pretty actresses in simple slips.

    Druggist :

    _ An enterprising Toronto druggist sends medicine to the -
    world. Hungarian-born Leslie Dan, seeing a need to
    help New Canadians, opened his International phar-
    macy two years ago. Now his staff of 10, speaking as

    all of Canada and fills ~

    thousauds of prescriptions a year for the sick in many.
    foreign countries. =

    Pa
    i
    {

    known to the Indians, is

    affectionately referred to by Albertans as J. J,
    Lieutenant-Governor Bowlen’s life is a true success
    story. He worked his way up from a poor farm boy to
    one of Canada’s most prominent citizens. But J. J. is

    Wife Who Watches and Waits

    Montreal’s Katharine Molson married

    e

    Police Dog
    Patrol

    They don’t wear scarlet
    tunies but they always
    get their man. Whether
    it be a lost child or an
    escaped convict, the
    Mountie’s highly-trained
    police dogs track down
    their quarry with the
    same cool efficiency as.
    the other members of
    the force. Read about —
    these remarkable ani-
    mals in our Weekend
    Magazine Section.

    Britain’s leading motor-racing
    » driver, Stirling Moss. What kind
    of life do the Mosses lead and how
    does Katie feel when her husband
    risks his neck to win yet

    _ another race? Read of the thrills —
    ‘and hopes of this colorful interna-
    tional couple in Weekend Magazine.

    4

    * Ted Hunt, top all-round athlete in Vans
    couver, who plays football for the B.C.

    Lions is pictured in
    Weekend Magazine.

    Looking at Football

    Confusion among watchers at

    full’ color in our

    grid grinds is normal,

    Football’s a game of deception, says Weekend’s Sports
    Editor Andy O’Brien. He tells, in detail, of the tricky
    Jeb linebackers have in that most deceptive of games,

    where seeing isn’t necessarily believing.

    | * This week and every week ... the best color

    “, comic section in Canada, is included in

    Weekend Magazine.

    Launch Lunch with an Omelette

    : :
    Omelettes are simple and satisfying for lunch. Whether

    our

    it is to be a’ mid-day meal for the youngsters or an
    attractive luncheon for the ladies, a tasty omelette
    will be a weleome change, Why not serve an Italian

    Frittata along with Soup On
    Martinique, this very weekend.

    The Rocks and Fruit

    _Your best reading value is
    your week-end newspaper!

    ALL THIS AND MORE IN SATURDAY’S

    EVENING PATRIOT

    File size
    29629
About
Title
The Guardian -- 1958-10-08 -- Page 11
Date Issued
1958-10-08
Language
English
Type
Text
Genre
Extent
1 page
Rights
This material has been made available for research, education, and private use only. Publication, distribution or commercial use of the material requires permission from the copyright holder.
Digitization Agency
Robertson Library, UPEI
Reel Number
none
Reel Sequence Number
0103
Page Number
11
Physical Location
Robertson Library, UPEI