ee "

et ne

pup of eight young men — the DAF’s first aircrew trainees ceived their wings. Friday, RCAF Station Winnipeg pme 35 years and 140,000 air-

Ree ce ee eee

35 YEARS AND

graduate in a. ceremony which will mark the final chapter of anniversary

140,

On December 20, 1924, a erew ister, encther class is to

an Avro 504 trainer, and part of the class which will graduate Friday, beside a modern T.33 jet on which they were trained. Guest of honor at the

will be Air Marshal Roy Slemon,

DAILY MARKET QUOTATIONS

SUMMARY

HE CANADIAN PRESS — Market_down,light

York-— Stocks mixed, se- id issues in demand. il — Market slightly » moderate trading.

_ CURRIENCIES

INEW YORE (CP) — Canadian r off Wednesday 3-64 at 7-4 in terms of U.S. funds. ago $1.05 3-16. Pound ster- Off 1-16 at $2.79 29-32.

DIVIDENDS

‘By THE CANADIAN PRESS luminum Company of Canada id., ist pfd., 25 cents, March 1, ord Feb. 5, 2nd pfd., 56 cents, 29, record Feb. 5.

Exploration Company » 6 cents, Feb. 1, record Jan. nion Textile Company Ltd.

mon 15 cents, pfd. $1.75, Jan. record Dec. 24.

iui

a 270mm

Minneso

a Tm Pe. 1, record ‘Ventures Lid., 25 cents, Jan. 29, d Jan. 4.

PRODUCE

MONTREAL (CP) — Agricul- s department quotations: fggs: Wholesale dealer prices country station, wooden cases, arge 32; large 31; medium small 23; B 25; C 16. Re- 72. Butter: current receipts, ten- prable 64; non-tenderable 64; esh grade creamery prints, job fice 64 1-2—66; fresh wholesale — 64 1-4, non-tenderable 14. Cheese: delivered Montreal, not axed, current receipts Quebec hite 32, colored 32; wholesale uebec white 33, colored 33 1-4; urrent receipts Ontario white .0.B. grading station 33, col- fed 36 1-2; wholesale Qntario jored and white no quotations. Potatoes: Quebec 75s 1.90-2.00; 'B. 75s 2.05-2.15; N.B. 50s 1:30- 40; N.B. 10s .32-.34; P.E.I. 75s

,

le ’

3 the Winnipeg Grain Exchange. Closing prices:

‘and Ontario Paper | pig

%—lower 78%b; Jly % lower

76%a.

Barley—Dec. % lower 942b; May. % higher 99%; Jly unch. 985en.

Flax—Dec-4 higher 3.324%; May

3%4-4% higher 3.39%-3.41; Jly 4% higher 3.35%-3.36.. J

\e ‘4 le Rye—Dec. % lower. 1.09b; May 1% lower 1.14%; Jly %-%2 lower 1.13%-%. Prices for class two wheat for

_ NEW YORK

NEW YORK (AP) — Many in- dividual issues including some aluminums were strong Wednes- day in a mixed stock market.

The aluminums were boosted during the session by the trend toward rising prices to meet a bigger world demand. After the close,\ Alcoa announced it is in- creasing the price of aluminum

The Associated Press average of 60 stocks rose 20 cents to $228.90.

The president of Studebaker- Packard, in a statement on the Dow Jones news ticker, revised upward his firm's 1959 earnings forecast to $25,000,000 from $20,- 000,000. The stock soared to the of most active list and

a gain of 1% to close 24% 122,900 shares.

coa rose %, Reynolds Metals Kaiser Aluminum 2% and Aluminium Ltd., %.

Having rose 342, Du Pont 2%, Swift 1%, Owens-Illinois Olass 1%, Texaco 1%, and Philip Carey up 2%.

Among the Canadian issues McIntyre Porcupine gained %,

the net on

and Dome Mines gained % while Hudson Bay Mining and Cana- dian Pacific both lost %. American Stock. Exchange prices were irregular. On the Canadian list, Scurry Rainbow Of] lost %. ( ;

only still-serving member of the graduating course, who appears in the old picture at far right as Provisional Pilot Officer Sle- mon.

(National Defence Photo)

eries to finish with index in- creases Wednesday but all other categories were lower on -the Montreal and Canadian stock ex- changes. Trading was moderately active. 3

Industrials climbed behind base metals. Canada British Alumin- ium made 1 at 16, Nickel % at 105 and Aluminium Ltd., % at 33%.

Steels closed with half-point

aL

mixed in a 10-cent range after a dull_ session. ; oie ott 19 at 60.84 ror os the part orca th a for your heating dollar M47, fon consists ef the flnest.anink A. PICKARD & © a SF warding $50,000 damages raised tn Western Canada, ee ; eph Patrick, Pompeii mink farm-| promm Bros., the largest fur co. LTD. . MONTREAL CLOSING stocks | ©": farmers in the world, are offer- 5541 : 30% Gt Lakes | 4%| Testimony of Mr. Patrick and/ing at auction in Hamburg, Wis- Lower (Welt Oh. . emt ; 264 How Smith 4 | witness for his side was to the|consin, approximately 50,000 mink Bome C Nat S04 Hud Bay Min 4%4/ oftect that the mink died in April,| standard and mutation, and 4,000); Bank Mont = 3 im? Da sor | 1954, after their nest had been|Fromm pedigreed foxes. The|é Seer 2 Ra | Gasted with Ben powder purche junk ofiecing. wil foctwre aetit Girt for that Special 3 SB int Pew ed from Hunt's drug store in St./only Fromm mink, but also_at-| pec |Bethuret BS Mower __194| John’s. It was brought out that/tractive collections from-o tf Someone on Your List Brazil #5 McColl mink survived in undusted nests. |important shippers, in iat R 2) at BS : Bldg Prod 31% «(ON St Car “6 - Shee and mutation in all the desired eee. givea $ a =" A seat taal Oslo, Norway. = ty WOOD" Cement 2% Price e '» ’ © Stamey 4% Que Pow % |says that an ering of 12,000|FOX VARIETIES KEN ‘ SAE ot sTiceet Stlepod_quntty (ie fox wan 60] The Promes fr, cllectin Cdn Celan «24s Shawin wy, | percent sold at prices firm to last ee enn © Int Power 42% Steel s74| season, at the auction held at/iety C Int Pwr pr 4% Can PL %| Oslo-on Thursday of last week.|tion, including 1,900 silvers, : CPR see Steel a» The majority of skins went to| white face, 850 golden glory Seagrams 31% —~ CANADIAN American buyers, who golden amber, 350 platinum, 28 and 74 cel Bridge 20% Cons Pap “%| mated at the salé. Italy, Wes-|pearl, 28 crystal ae ei Sy Set 1”_| tern Germany and: England were |The Fromm Bros. state they = also well represented. have consistently advertised th : above mink in leading women The total average price reached) ¢ snion magazines in the Uni TORONTO at the sale was 220 Norwegian |<. ites -and they predict tha “kroner”; the top price was 370) iF e-. will be a keen demand

with a loss of one-half point.

decimal points. Golds, the only winner, went up one - quarter point. : , 3

tional Nickel gained 1% at 105

Senior uraniums were up. Algom gained % at 11%, Consolidated Denison went up % Gunnar fell five cents at $9.65.

index, were quiet most of the day. Changes moved in a narrow 10-20 ‘cents range with

a "

i

fl

.

Z

i

q #

|

TORONTO (CP) — After strug-

gling to stay at—higher levels the stock market

sisted of 23,000 blue fox and 60,- 000 mink.

ECONOMY GOOD

John Shackman, managing dir- ector of Shackman, Ltd., London, England, was’ a visitor to New York last week Interviewed, he said that England was having one of its better fur years. Two fac- tors are largely responsible for the upsurge, he said, first—Brit- ish economy is good and improv- ing all the time. Women have the

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Base metals were down a few

Mines were mixed. Intéerna-

and McIntyre - Porcupine ad-| money to buy,and they want the OOR & vanced 1% at 91%. Most other! pest. "secondiy—lowering of the M E McLEOD LTD. 3 senior mines lost fractionally.| purchase tax on fur sales from

100 percent to 25 percent has “The Store of A Thousand Gifts”

helped.

T. Shackman, hopeful that the taxes would be lowered still further, said that it would pro- vide still more sales appeal.

at 11 and

Western oils, although down on ivartare tor’

arm Truck and Tractor

CUDMORE’S

losses} The Dominion Fur Auction Sales

ahead of gains. aaa 2 Tires.

un a — - +9 5 on Wednesiy, December Mh PROVINCIAL CHRISTMAS SP ECIALS - 43; se metals off . a featuring mink, consign TIRE SALES 2 ° oie

169.39; and western oils off .60 at eed Associa-

100.49. eee 8 : oe ond seat? featuring | Beasley Ave. Dial 8642 on Sale till Dec. 24th

TORONTO CLOSING STOCKS By The Canadian Press Terente Steck Exchange—Dec. 16 (Quotations in cents unless marked $. s—Odd lot, 24 — Ex-dividend, xr—Ex- rights, xw—Ex-warrants.)

EMBA-and CMB catalogies,

When You’ve Seen Something Unusually Smart on

Selection Chocolates, box .. 69c Famit Pruit Ca ize a

Net Stock Sales High Low Close Ch’'ge MINES

Abacus 10083 30 20%4 204 + | (Continued on Page 21)

Wed Tues

Advances 491 442 Declines 555 631 Unchanged 218 206 Total issues 1264 1279 NEW YORK CLOSING STOCKS Beth Steel 54% Monty W 3% Borg Warner 4% NY Cent Bs C and O 67% Radio Corp 8% Coss Edison 58% Std Oil NJ 4815 El Auto El % Utd Aircraft 39% Gen Elec 9 #=Vanadium 2% Goodyear 6) SoU Wvestngse 109% Gt Nor Ry WK Int TT Lay Kennecott 6% . MONTREAL (CP) — Papers

and industrials staged late recov-

FOR THE MEN ON YOUR LIST @ Pipes @ Tobaccos @ Cigars Fred Lambros Kent St. Ch’town

losses in Dominion- Foundries at

52 and Canada Iron Foundries at A Friend, Have Yor— L Ot

2% and quarter-point tosses—to? ——————_~——= es

Atlas at 27% and Premium Steel DEVELOPING | . Noticed How Often ja Sunkist 3-ao7

"Pua rose behind Power Font Vive Pee. & Yess = a HEINZ

Corp., up 1% at 85%, and Price "t aaemamire PHOTO ; “| Found It at H and C KETCHUP {VU anges $1.00 rothers, w a > oss

in the vation was im Bathurst STUDIO *Henderson & Cudmore Men’s Wear li bottle : ’

A, off 2 at 42. Ch’town ‘ ‘ Oz, 4

Southern Canada Power lost 2 at 58 to lead utilities down, fol-

Gifts

are opened

First

Stanley Power Tools, Disston Saws, Electricians, Piasters and Lumbering Tools reasonably priced.

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