x

10 The Tues., Mar. 6, 1962! a qperetions fe Brttatn DAILY MARKET QUOTATIONS =. a2anTe etits : U.S. Cuban Base Ringed |r zie sero.

By THE CANADIAN PRESS MONTARAL:¢ tm — Agricul- Toronto — Industrials sharply + % ture department quotations:

ahead, oth lower; %| Eggs: Wholesale dealer prices

% | to country stations, wooden car-

Soman fe FREES) monet E253 7+8: 271!" But No Take-Over Likely =o

;__ With U.S. diplomats ve American fence, work gangs

By B GUANTANAMO. amAY, Cuba Havana, Guantanamo has are planting 12-foot barriers ration

New York — Market lower; ** tons: extra-larg large 40; 10 stove trading. + | medium 39 small 37; B96 and % Cuban Communist leadership post. U.S."officers here no longer | —to prevent Cubans in general | ney piant facilities and’ $> real — yl generally c %|has moved 2,500 well-armed,| pretend they know nothing of from reaching the base. $00 on the "Wabush oe higher: active tradin; | Buiter: Current receipis ten- well-trained troops into the area what goes on inside Cuba. SUGAR ap eo thous. Project in Labrador in which derable 63-63% ; non-tenderable | anaes 9 this United States |. soR9 PUPPET? Rapente is a participant; and Steel Com. {

| naval : te! Since late October the Coons home been clearing strips

Cheese” Delivered Montreal, is wide along 24 miles of ink ‘| waxed current receipts Quebec fence that surround t

4 4 job price 64-65, fi % tenderable 63

63%4-63%; fresh creamery py Prints, Dany 7 ana rd Ba oe com lanned four-for-one subd:

sion of # shares. " Anglo American Corporat

| of South Africa has bought 00"

shares, about a eper-ceni

CURRENCIES

MONTREAL (CP)—The US. dollar closed at a premium of § 1-32 per cent in terms of Ca- nadian funds, unchanged from Friday's close. Pound sterling

losed at $2.95%4. unchanged

white 31, wholesale white 32, col 240 A road runs down the middle ored 32%. Joliet 1200 2814 284 2914 +114 | Young HG 9800 22% 21% 22% 42% of the strip and construction |

Potatoes: Local. 7s 1:10:1.15;| a Rk Renee 2 gangs are connecting it to block and house wi interest, in Hudson Bay Mining local 50s .70-.75; local 108 23 x""s4q ese se sn oe | 1% 2% ~— Cuba's main east-west highway. working effectively to suppress | and Smelting company "trom ihe ° interests.

% “

%

pparentiy _well-

at | 25: NB. a 135-145: N.B 50s | Kiesahe 1000 59. 30a 2s 43 | ‘To keep this in perspective, { is that vide | any over tendencies to rebel-| American Whitney * 1s.

%

Cot Celt 150 yr 600 90S 800 800 lounted me 156 30 24-26; PLE. | Kirk Min 456033 33-3 ons | there are no indications that the brother Raul Is no longer boss | ion, Massey-Ferguson Lid. repori Kirk Town 2100

Cubans are preparing to attack) Cuban armed forces. It is be-| About 3,500 Cubans work at | record 1961 sales of $96,620,000

NEW YORK mt nn on —%l ee, (ae ae: ae a ee the base, defended by some 1,- lieved he has been supplanted Guantanamo. They supposedly in its world-wide farm-imple NEW YORK (AP)—A strong 1800 318 300 310 410 takeing ee ee es ee U: iwarins and about 3.00 3 0 Somat ment operations and an. in by General Motors mo te te Lom oe es peers: Ocean, | eee trained general. ‘Th crease in earnings. j was a feature of Monday's gen- Jus si 64 SUE —3 Lani aso 4 43 + 4 Anslo Am 300 0 BO Be —w | This is one of the last legiti- | known’ here as Gen. Bayo, (t & | for one peso ; On the forest products front ' Zi atin Am 32400 faa Ba + erally lower and dull stock “mM Talich a it 18 ya Se a ae mate sources of dollars for ce eae hype Se gh eee | Price Brothers and Co. Ltd. an. Fe ein oe ae ene] ge, ctor ik Toma sme Ball 9M pr 200 $28 8M - | Cotes: govecnment. The payroll | tact with Lawley Pag igs doftars ae ee es exrnings of $8.50 ree! Dm a4 D Stores $00 $13% 1316 1m lasing salen: justrial / Lexindin 3 e+ % Bata 1200 8 8 ial 5 Saal oe 000,000 ‘as GM om Tar 100.83 20hs + mp mines and ils 6,200, Intec 100 190 it 0 +" | Caan — as ae 8 runs about $6,000,000 a year. ter’s pre-revolutionary days in pesos es ae atiuat one = arket” The ogress Pomfret Tah sg Gee | nn ak a | ith the U.S. embarge on Co, | Guatemala and Menleo, rate fs 12 Dest nag FAPeT_ CO. Lid alo fcrensed oF ¢ Mt Dae been watched £lOselY Hupuis A 200 83 TORONTO MacLeod 2200 105105105 € Oil Ls 2800 103 100 103 44 - tend, tne Gos Commnenists | wood sdinged ‘eit Cosdh tilion: Then ea een , relinformed eet Sirangs by nearly since the final court decision or- ices ioe ee a CS Pele 5390 405 395 400 —15 | this mon “500,000 to $13,710,636. Gera 44 Pow tp rid liecif of reas” So iu tim tu Naisnte jeu as ‘uy "ma *? |chcaetm fas Mot ‘at 42° | medical supplies not covered by | Sian and Chinese automatic wea- perate shortage of nedicines on ts 63,000,000 GM shares. The %+% TORONTO (CP)et—Buoyed by Maneast U 500 4 34% 34—%% Dee 1a se as ws —t, | the embargo. pom: ‘3 : that it takes a doctor's s 1B big motormaker was the imost Sharp ‘advances | to selected Se | Mam Rar (20h: 8 8: 18 LE Bee re ae os ‘That the Cuban economy is in| A well-briefed officer here | scription to get seca Feat is is Stee active loser Friday. Monday it dustrial issues, the stock ete ae ee tec cane ae a state akin to chaos is common says he believes the troops were scarce, especiall it uying was the most active stock again ket scored its fifth straight g Maritime 6100 78 «75«-75-~—-2: | € High Cr 3500 2 +44 knowledge here. sent to establish control over the bles and meat. Mose families Slows In U. Ss. but it advariced 1% to 55. Sorin moderaie Wainy, Mow. paste tae Ok Os M/S Monee IN I I <8} Poca long tone Premier Ps Population of this province (Ori. | are able to obtain about 48 cents | } Steels retreated fractionally 000 ta 8 ma) CLT Pete =* | castro kas oe ente) which has long been a hot- worth of meat a week. Canned | (1 ny, F in the wake of weekend new: ‘Despite the uptrend in indwe- | vores sims 4 ik 38 “la cent Det, 7, me, 7M, 7 J? fry through legal means to take | bed of revolutionary activities. | pork trom Poland is probably 4 CLEVELAND ro a Saad that labor talks had failed to trials — which saw that index ; un <td Pee tee tase ala (On. the Cuban skie ‘of the | the best impart, | ectes aeteceae as : an one © Mic Mec 4080 433 418 433 3 Grea enters: yn cen poles Ate %) point of its record high — all 5 * . 194 192 insu t week, ad ed to ! dip in production for the third

ment for steel. Tebeocor| ‘Telreated further in

cea" et ie | the Sov Union, he said: * Bea tees oe Binw"hwe “de aba aw uw _scabw wil demand is teeat Cainedian Economic Outlook tn i ay. oe eet a

right to claim the U.S. Guantan- metalworking weekly said |

fear of news expected this week f fern, Mea to eeioking onl Leading industrials higher Farso 1585 35-8 lamp Naval Bases the only for . lung cancer. Rails, utilities, | Was Steel Com nada Boome et Le Mao | eign military outpost in its ver Has Encoura in Features outa was slightly less than the

s ith f 3 i| Home B Sum MM — Me chemicals and drugs were 9) Wiha Fee a ito 83%. The *) HB OiG 382 S19%A 1956 19% tory, ia has no intention of per- stimated 2,390,000 tons pro. mostly lower. stock climbed earlier to a 1962 Long Point 4750 34% 3 34% 4 %, mitting military establishments By FORBES RHUDE hais(S aie wai etmek ahecees duced the week before

The Associated Press average high of 83% before easing a 30 8) 8 8 4 ot any nation within its bound- Canadian Press Business Editor jetank Canadian would-be ea! ,.“Althought steelmakers had ot & stocks declined .80 to slightly. a 3 285 285 ries.”” a aes ay big enough backlogs to keep

Interprovincial Pipe Line ad- Murray M 12900 118 114 114 5 Si rents Guantanamo |», anadians: casting an anxious porters should concentrate om their mills running atm soct vi Nat Expl 2000 744 me Price piag . | z

Fe as au ieal ae: % | vanced % to a new high of 85% Ns Exel 2000 7s 77 some Oe Ae ee ee eee aio auantanamo eye at a hesitation in the Amer-| specialized high-quality goods. level through March and Apr erage dropped 1.01 to 708.99. and Algoma ‘Steel rose % to New nicer “me i Wh mb—u\N Davies 3000 10 10 18 a year, about G3,000 Gay.) Be | ee eee aaeance, find)“ Aulonsetive i promecsoa: aiteC) ey are ‘concerned about ;

Volume was a routine 3,020,- 51% after going as high as 51% New Bid 3 3 a uN C Oils 100 me 308 oe or ee SF lay. by | generally frognb te develop- a slight decline last year, totals impae th AIK’ lao 000 shares compared with 2~ to equal its 1962 high. New Cal 1 1g Pac Pele 2510 $153 15% 151 el a — ee ments at home. 85,195 units so far this year, an feet woald have on Sis 980,000 Friday. Other Galners included Con- %, ™% PA teem dire ito prtinaey suing Wskice tue at the fine eaernane export figures, increase over the pertereending order books,” Steel sai

Chesapeake and Ohio was off sumers’ Gas, Bank of Montreal, x“Kelore 1000 9 7% Th— | Permo S680 96 3% rei Slhenyy lrg adi Cubs | £004 company reports and mis-| period last year of more peipseconat L ‘at 56% on 34,100 shares. Shawinigan sind Bank of NOVA Newlund 12000 22% 2 2 2 Peruv Oil 1800 140 140140 from 8p cellaneous constructive items re-| 14,000 units, with nearly sit ae a by a ca

1, scotia, all ahead in a %s to % NA + e.rol 000 60 5 rted in the last increase ci in ‘ production _ ee eee JUMPS nge. 1%, | Philips 15500 363838 “y to an S aRCADLee Te | ears. oe AK EAT DOOR ccbataten to balance deal CRAFT JUMPS 5 a 53 35-1 | Commonwealth Inter.

United Aircraft advanced 2% Aunbar losers) were: Canadas ieee is ia ati (| Gommeker inter aero a gExports in 3961, Announced by hve Seotin announces plan Temes neeeee ad 0 wr to 48%, Its strength was attri ; Prove Gas 1275 21 bureau of sta ler which the government m1 uted to published articles dis- so Atlas Steel, off 14, Do- Quote 5H 14 156 duced ‘the first favorable trade| will work directly with private | erestimated their needs and are cussing the favorable effect on PORN arin nue ey aod Steet eet eR a iene etme tee eae balance since 1952, The favor- industry in efforts to increase) ‘@st becoming overstocked the company’s Pratt and Whit- * oH ih : , \ able balance was a mocest $87,- Production from basic resources.| Steel's price composite on

y if chos to pro- m the exchange index, indus- > jer OW 600,000 ct steelmaki 5 wide the jet engines for the TFC te trials climbed :23.50, n Kederated Growth Suen ras, caer vee rered TRANSFER OPERATIONS Li ee ee fighter plane ppeied for the + Me ea record high is 624.13, mA with a $97,100,000 trade ceficit in| _ Oliver Sree of aes : “AS ree oa armed. servic + ‘| Golds slipped .53 to 89.92, base ‘ a 1960 and a deficit of $713.200,000|T¢W owners of the old-estal

Hershey Chocolate slid 8% to ~ metals .17 to 207.28 and’ west- i 160 in 1956. This is far from curing | Shed Cockshutt farm-imple- Naval Architect 191 as an advisory service ree- i em oils .15 to 127.05. Closing eS our huge total balance-of-pay-| eM operations at Brantford, ommended taking profits. Lig- sw) volume was 3.418,000 shares ments deficit, but it helps, | 9", transferring thelr combiee Dies On Cruise gett and Myers fell 3 eri compared with Friday's 3,6709,- Particularly encouraging irom operations from Battle can Tobi 1 and Lorillard 000. if a long range point of view is| Mich.. to Brantford, tom MONTREAL (CP) Word

: % fhe copes sti periedi te varione siderably relieving anxiety about has been received here o! the ‘ “Digit Reaerains and ba 4 manufacturing companies in x ra of the Cockshutt in- sudden death ‘Feb, 26 of Horace wae . ce " finding markets overseas and in H. German, 73, of Victoria re Canadian stocks. Canadian Pa: and "Ventures 4%. In -specula- a the United States, World-wide tin operations ap-| tired naval architect, aboard « cific and Hudson Bay Mining tives, Latin American dropped C'imp Bk cas Sena are. arte oe ciise ship: suiting’ €! Ceylon Baiada. UMeIniyre “Pore | 20 cents to $1.15 and Lake Du- +8 ms RN ENTER AMERICAN MARKET | Pear ‘o be coming under Cama-|°")") tive of Devonshire, Eng pine was down % and Alumin- i fault 15 cents to $5.40, 2 i ‘s ah - =| batiats Ltd. for instance, an- oo direction through a series and, Mr, “German came Yo ium Ltd. closed aioe i mong western oils, Dome i Se aaae "ae sa a uubstantial invasion of of° corporate changes in the Monireal in 1914. to. estabih (

Prices were mostly higher on ipped 's, Home A % and Home 3 a Zh the British market, and also,the | family of companies of the 1-/ Canadian Vickers Limited the American Stock Exchange %. a7) American, with high-price elec-)| ternai . for-| shipbuilding firm. He left iis where volume was 1,750,000 & sTOCKS 2% trie and gas stoves. Moffats at- mer big tin operators in Bolivia. | company in 1928 to become a shares. The few changes in Ca- ia tributes much of Its success to| Patino of Canada, managed by partner in a firm of naval arch-

the fact it does its own research Canadians, gets effective con-| itects and marine surveyors. He

i s aan + ere Complete tabulation ‘of Mond Shawinigan was up ‘4

bdenite 1-16. Scurry Rainbow Oil dropped \ and Preston

"Sir and design at its Weston, Ont., trol of British tin interests with| retired in-1

pe / Set he Set yer

Walkers Weston B

NEW YORK CLOSING STOCKS 7 Ry Thi A Press : 3418,000,

Se aoaeel Reth Steel 41% Kennecott 20% Total sal Bat ware us Meuy wane Most ACHIVE rORONTA frocks su MY ot : wr "Toe Comaian ra Sous" eaison at Ratio Corp S06 sleek wich Law Cave Chee Shane st "ak "sm pse” a DUTRIALS Cmte wen ser on ks $4! pom tar "rno HOM 184 S04 + m4 Geoeer 8 Ola Aira a ta'| Bir ait're toe co SY A GOS ny dea Vanadiyen | Se foe Av" gan’ sete ta ‘te in wetted 4 Sein Sora gang ame sak tit Rete +3) Maclaren A 5000 $23%4 29% 294 — % T | pce wo 89st MONTREAL 1 | Wasne Son S144 ST Yanan Stam eh ee Wa Tan” oat ait soe 18

CAL (CP) Stocks 3 7 MONTREAL (CP neem \ are 16 + 4 Chieftn 14005 OM OM 48 ee MINES

600 B41 were mainly higher in active i Cop 1500 108 101 ror * 5 d trading on the Montreal and Ca- 1 iat et ye 0 +3 | Latin Am M2600 198 114 118-20 nadian exchanges Monday. ia tae + te Atmag” 40 8h a te M+ Me Ride 388700 774 aH +1 Gains outnumbered losses 92 to ™ gener, 500 385 360 365 1 | Osiske 162700 10) 7578 38 15:0 3 TEMon 130002 Mo 1 i 3708 $ Roffad 322800 87 “” ‘Among the gainers, Dosco 216 16 | MUTUAL FUNDS rose % to i1% after rising to 46 1 | Ry The Canadian Press 12% and A. V. Roe gained % to . ane Rid Ask ‘4 ; Deed, 7 Ati Cn Com a 9.68 ‘ en hy A at lew goad All Cdn Div 640 701 controlled by i American Growth 945 10.30 received an order for 2,000 rail- x <1 | Renu ‘7. way cars from Argentina 2 2 arean ms eM oR Canadian. Investment 10.66 11.69 Stelco rose a point to 83'% s ee 1200 188 185158 | Canatun 404 3K Tema 2000 103 12 103 + ju teas skill resting. $0 ne f 103_+3__| ChampionMutuat 625 6.88 Thursday's announcement of a 1000 1010 four - for - one stock split. Sea- 200 33 ams was up 1% at ‘9%. 4 Lad

Consolidated Smelters gained

0 2254 in heavy trading to Gen Lake

ise base metals. Asbestos Hollinger

Tose % to 34 and Aluminium int Ceram to 28%

23 12 sa as 2M + OM S. Aer

Im Mellum i080 470 460 aen Jubilee 12205-40410 440 Rained %4 tO Keeley Fr 12500 37+ 35 36 les. Shawinigan Keeley wis 200 12 13 13 in heavy trad- Lab Accep 100 $91 9%

Pheer ante eeu ee es On March 6th & 7th seer te ee ae Gained Tet M to 5 54%, aA 7 Mr. L. E. Crowley * wae ofthe Rustproofing? — . Gi 1 two cents to $1.22, Mount Pleas is 18 4 Industrial Development. Bank : fant fell six cents to $2.42, St. Mer Cp wm 7 0 Canes : [urresce, Columbiem sained Norasor’ tm tt Me " ma will be at the Rambler s spills more than others use! Meme Bfell 4 to 104 among | MC Pico see Ser Sm oe 1 ae : ea ee Dairies “ame ive 84 4 ie » Kirkwood Motel Here In Canada, drfversimnpetisncesemecitiawirkewesihor then receives a second primer which is sprayed Tos ks were off 0.13 | Sit AS ™ se 38 = s st Charlettclown and driving conditions in the world. Most rust and corrosion, 15 pounds ef rustproding primer now sost he viel, Aer ‘ which start inside inels and girders, is caused primer baked ir 5 i 3 +" on ew = 2 If you are engaged in a business—or plan tat spree on our rns, T ents problem ares rae bay = Se ES. S if [Sacer oe etatarice |. COMmnt cite ad required financing not een eee portertar os poll bemyeypymterepaorred ped mates 22> 2 m9 GALVANIZING St ere arene follow ienediatply, then beked te durable oa “we sn sh sin 8 = 3 om ae mt icine aa Sacer ized. This area is constantly exposed. . neg — So \een ee ee ee eee representative. — | BEEP-DIP. The entire Acts ic ots saa omen ala = fh 2s {sae a kv P65 ss di wid hin snddotsabiasehen beta vinaies eens eee six times into Side girders, rocker panels and fenders. A sealer compounds "na 2 m0 sm es | Dern “toe tsa ta arranged by talephoulag the surface of the metal, ia action tio tay 10 .5""| Door nore Some Se Sow u if Se [em tom ce ay ae Mr. Crowley 894-8527 PRIMER DIP The cars dipped again, right up to the roof,in The Canadian Rambler is the mest completely rust-proofed fee's wat fT velar came mt me to os teins sas mies tet ined rustproofing primer pent. Hundreds of gallons surge inside ear in the werk. Visit your nearest Rambler dealer 007 , ial an ons wien or eae ee ‘om aoe b in advance by writing to girders and pillars, reaching all corners, crevices and curved Take a test drive for the Aumtee "ss tan au au! alee tare tm wu ee tu [Derg oe oe areas. This is more rustproofing than any other Canadian car final reason why Rambler ‘or Sa st soo Rast Mal = INDUSTRIAL DEVELOPMENT BANK gets, and more spilled, than = ar Rest ‘Mat = Wterally, ‘others use. The body is Canada’s best car value. Bent Mont at Sm Jo Gow Fare 2% 75 Prince William Street, os : et kee ie ee ss a Saint Joba, 1 SNE re me s (St ‘Faraday =. i r ems Hk wes T ms he SE RG a : be Ge hb = Sh: “ALLISON MacLEOD LTD, —t came sit 40 > 48 Geee Mines 2 Hmm mM T oo ‘ .