Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 13, 1963, Winnipeg, Manitoba Winnipeg free press tuesday August 13, 1963 Fly Mil tuesday August 13, 1963 new York up Stock prices edged higher in Ihbe brately Active trading today. Fractional gains in key stocks outnumbered losses of the same size. Prev. Cd. Or. Cd. Amerada 76% 7644 .123 123 am motors 17% Allied them a. Sos 5314 at t s feb s steel 30% Ben Fin. 3314 Burroughs com poll soup celanese corp Chrysler cons so consolidated 36% Crown Zell 49 a Dow chem. 60% Douglas aircraft Dupont 243 50% 48% 99 29 30 k 2344 97% 50-t, 82 m 87 36 49% 60 Vij 2434s tax guidance asked Royal commission gets beef Brief by Stewart Mcleod Vancouver up the Royal commission on taxation which has peered into the Trou Bles of dozens of Canadian in Lustres since hearings Bega last Spring tuesday got its firs collective View of the beef bus Ness. East Nan k .110% m _ _ Jaq motors 52 Federal Pac 714 Gamble ska Emo 32 k Gen elec 80% Gen foods Gen motors 19 51% 32% 80% 82% 71v, 50 4i 35 44ft 58% 52 446 a 60 y. 56 .1 Montreal Goodrich to 49% Goodyear t 38 great p 44% hse hold Fin. 58si Home Stoke. Via ism .446 m m it at 61v5 inter Harv 55 Mont Ward. 3x% Newmont 77% 73 by Central 21u 2v.4 19 19% rep steel 3r 3514 radio corp 71% 71 Haynos tobacco 3k44 39 Royal dutch. 43% Safeway 61 of Msj Schenley 21 21 s Roebuck s951 90% St. Reds 29x4 2ss Standard Oil 70-71 70u Socony 69 Shell Oil. 4514 45v. Sunray Oil. 35" Swift 40 39% Texas 7314 73 Union Carbide Union Pael Ric 40 30% United aircraft. 44% 43% . Steel. 4514 4s-i . Rubber 47% 47yj Westinghouse 35 wooh Voretta 69s 69 prices quoted in . Funds James Richardson and sons tuesday August 13, 1963 Montreal up the Stock Market moved ahead fractionally on the Montreal and Canadian exchanges today. Banks regained some of the Confidence they lost monday. Bid Asbestos corp. 24 aluminium pad a 1. 44 Anglo can Pup pad 5445 Anglo can Tel pro 52 b a Bank note 55 Banque c Nat. 75 ask 2444 45 5b m. Loeb Ltd., 10 cents oct. 31, record oct. 17. Can int Power Coghlon b. J Consumers Glass Crown Cork. Scar Crown Zellerbach a c Dom sugar 10 44 1041 15x, 5% 42 7244 25 i 2614 Donahoe Bros. 23 dist Seagram. 50% Dom Bridge. In Dupont or Canada 38 Dom textiles Fraser 28 j4 Handy Andy Hudson s Bay co 1441 int paper 35 .-14 Montreal Loco 12% Robert Mitchell a 644 Molson b 29 Ogilvie. Oij Jamaica pub serv 10u que Nat Gas 744 Holland a seem lines Ltd 1445 Southam 30 Sicard pad. 21 Steinberg a 21 Vij 22 Steinberg pad .102% 10571 Walker a w 56 24 51 1854 38 i 19% 28% 16 14 s 31% 13 754 30 12% 11 75s 9 16 3014 Zellers 37 notice of appointment Richard r. Moody r. M. Maclennan general Ager of radio station Job and orb pm announces with plea sure the appointment of Richard r. Moody to assistant manager of Job and Job pm. Or. Moody has been with Job for the past seven years As pro motion manager and National. Sales manager. In this capacity he is the station s Contact with National advertisers in the metro Politan centres of Canada and the United states. In his new senior administrative role he will continue his work with advertisers and will assume new duties in the policies of the two stations. Stock Exchange Belding Corticello is 13 can Kodak Cayelli a. 30 31 Chenalloy 67 75 foreign pow sees .3no int helium .i.125 130 int paints a 5 Molcher. 5s 844 Melchers pad 54j 5 a Nold l p no spartan air 42 49 shop save. 7% s Winnipeg stocks i the Winnipeg Stock Exchange tuesday. August 13, 1963 industrials bid asked Ackland 65o pad 23.50 25.00 a kinds com 3.40 3.45 Anglo can oils l bin 41.50 47.00 Ashdown hard a 11.00 13.00 Ashdown hardware b 7.25 7.75 Beaver lumber pad 28.th Beaver Lumb cd a 39.50 Beaver Lumb com 36.14 37.50 Bird construction 53.00 Bow Valley industries 4.75 4.95 can hydrocarbons 16. 17.00 James b Carter a 8.50 James b Carter b 27.00 30.00 la Compagnie Yonciere de Manitoba Ltd. 45.00 fed Grain sl.40 pad 29.00 fed Grain com a 67.00 Finlayson ent a. 7.25 bin Lawm enterprises b 4.44 get. West Coal a exd 6.00 great West Coal b 3.50 6.50 it s sort of Nice to have pocket Money but it s Wiser to put it to work in a savings a c o u it at International savings mortgage corporation 3 Refl Tribune bldg. Pm. We 2-2334 and we 3-5354 3.30 16.73 24.00 125.00 Ort West Lite Assance 755.00 go West Saddle y com .25 greater mpg Gas 16.50 greater mpg Gas Etc 16. Is inter City Gas com 6.50 inter prov St pipe John Labatt Ltd 16.50 Macleod Ltd 6% pad e Man. Sask Coal a 4.75 Man. And sask Coal b 5.50 Monarch Lite 105.00 Montrose investments Ltd 4.50 Parker drilling 3.25 Reitman s c 1.5i Reitmann c a 9.50 Stafford foods Ltd 3.95 traders big Assn 39.00 Tran Sale Ltd a 8.00 trans air Ltd b 2.10 trans can p lines Ltd 29.00 Ltd can Sham 22.00 24.50 United Grain grow a e 16.50 West fair Ltd old 29.s 30.00 Westfall Ltd cd a 38.50 40.00 we steel products 11.00 Willson stationers com 43.00 we Supply and fuel 5.25 mines and oils Agassiz mines 05 Bailey Selburn class a 8.25 e corporation Tan devonian Petroleum Chenalloy minerals .67 Central Man. 04 onto Call flin flon Dick store Copper .05 dynamic Petroleum .18 Orty four mines .10 Gold Lake 01 Unnar mining Ltd 8.95 Jowsey r. J. Mining .27 Harvel oils .00% Rice Lake Gold mines no. San Antonio .28 among other things sought by the British Columbia beef cattle growers association was a bit More understanding on the part of income tax inspectors who said the Brief often appear More suspicious than help Ful. And this is an exceptionally important matter for the Farmer who faces a complicated task in figuring out his tax and who May be less Well equipped by education and training to Cope with these the commission has two part time Farmers in its member ship. Donald g. Grant owns a cattle farm near his Halifax Home and Charles Walls of Victoria also owns a farm offers suggestions a suggestion they heard from the association was that Fanner taxpayers be adjudged honest by the department until the contrary is proven or at least apparent. Perhaps it is not unreason Ible that he should expect to find at the taxation office not Only Courtesy but also some measure of impartial guidance and counselling with respect to his rights and the association s Brief raised several other issues which it Aid were of great importance o the Farmer. One Point involved the method by which the a department decides on the 435 104 755 141 -5 25 121 420 415 435 104 755 141 1354 2so 280 330 Stra 17ts 17% Zio Sura 108 4 100 Sun 11% 11% 14 100 j14ts 141% m z 600 360 355 350 4000 32 32 3t 1000 16w. 16% 16h 500 210 210 2w 1550 250 1.00 145 173808 53 2684 40 3000 50 to 150 2237 110 4000 12 2sx 11 26110 100 156 13666 36 1000 121 675 1200 120 248 145 50 40 4-5 49% 50 150 150 110 010 1114 uni 2914 156 34 120 675 120 156 36 121 675 120 Allim 4k or 555 3914 110 4 4 4 Argus arc apr arg c p or 1200 Ash Elm a Allan Ace 100 m 51% 51% 8i4 h sugar Sug a a 2 or Bank Mon Bank is Bra Malea Brazil by Ink a Oil by Forest by Pott Carol Cal pow cd sub i Andry cae c c by b or car can can a c chem c chem w c dredge Hydro 10 Jim 104 104 z5 20 20 100 86% 16% ,16% 45 100 s2344 2344 2344 u 250 24% 24% 302 6244 62u os5 569 63 1295 s5344 5344 5341 4i z45 430 430 430 450 300 300 300 300 190 190 190 190 26% 26% 44 k5 51945 1944 1944 44 s35 524 23% 23% 44 100 554% 5444 100 ss44 sv4 s44 of 44 zoo 40 40 40 100 s21% 21% 100 26h is -100 522k 2244 2244. 100 1041 .104t h 46 415. 51044 1044 5tt "52 52 ibs 9 9 230 j13s 1341 1344 595 51044 10 10 950 400 395 395 150 645 Zahl 1674 16% c Imp by c 665 s6154 6154 6154 c ind Gas p 725 11 11 cil 215 o554 1354 1554 c Marc 400 420 420 420 car us 530% 30h 54 can pet or 100 s1074 10% 10% 54 c Tiro a 500 2554 Chrysler 220 s8s 63 68 Clairton. 210 7 7 Dalton w 900 235 Iso 290 col cell 300 754 754 con bids w 150 570 570 570 cot m s 875 26 2654 h con paper 70 53854 3s% 54 Gas n 1361 10% is Security Freehold Pete 7.25 Sherritt Gordon stall Lake mines .34 Star Lake .10 18.00 4.55 .75 .05 .075ii .09 .1954 .0154 .28 .02 .03 .7.30 2.81 .33 London stocks tuesday. August 13. 1963 London up Stock markets were cautious tuesday and tended to ease. Dollar stocks were quietly irregular. Prev. Close base Assoc. Elec 43s 43s Babcock 3ss so 38a 100 518 is 51s is in. 100 526h .300 105 105 105 325 51344 3344 1344 d l so 5044 51 of 511 10t4 1074 124 62% 62% 41 440 1544 1235 517 1614 it 200 b944 1344 1944 50 538 33 150 56% 654 so Al Esquite a w300 us 130 Falcon f 800 555% 14 Faro play z50 1941 ------------3345 25 i6b o 69 500 n is a Corby it Corby b Coront or Crest Bra crush int dist seas Dom elect Donasco. D Stern cd Dom tar Dom text Dupont Inco hits half year record Toronto up International Nickel company of can Ada Ltd. Had consolidated net earnings in the six months ended june 30 of . Or a share com pared with and in the corresponding period last year. Earnings in the threes months ended june 30 were or 95 cents a share compared with and 85 cents in the corresponding period a year ago. The six month earnings the report slightly higher than for any half year in the company s history. Deliveries for Nickel in All forms continued to increase the report adds and were greater in the second Quarter than for the first and greater in the six months than in the first half of 1962 net sales in the six month period were compared with in the corresponding period last year and in the second Quarter 000 compared with costs and expenses in the six months were com pared with and in the three months compared with mines Stock sales Hurt Low . Cd n giant Yak. 708 600 425 425 425 a c Accra 8700 53-50 advocate to 665 665 665 a Kaltchok 62000 110 91 103 Anacon 700 24 24 24 Anglo Hur 930 920 330 Ansil 844 844 44 Arjon 3000 15 14 14 a Arcadia 2000 43 43 43 a arcades 1000 17 17 17 44 Atlas Yak 23000 15% 1344 15 100 395 395 395 4-5 4000 17 17 17. 44 2000 16 is 16" 1000 so 844. 809 644 644" 644 3000 28, 2744 a nor Bahk Tlell Bary exp base mels Baska a Dutt r be ilm a lbs bid cop Black Bay Bralorne Broil Reet Brunsk Buff Ank Buff re Cadaret Campli Gamp Chib c c Dyno c inca 1uo 475 475 3500 19 18 1500 914 9 2000 15 15 220 440 430 1300 23 23 100 390 390 500 205 205 475 18 9 15 440 23 390 205 Granduc Gulch Gulf Lead Gunnar has Aga headway High Bell Hollinger Howey Hud Bay Jacobus Jellicoe Kelley a Kinville Kerr add Kirk Man. Kopan lab win l Dufault l Osu l Osili Lamaque Weltch la Lac Lorado Louvitt Lynx macassar Macleod Madsen .1 maj Travis maritime Martin Matt Ami 500 Moo 7 z31 900 2000 13 500 13 3000 275 5 714 7 900 "900 13 13 18 m 270 275 54 v4 i 250 52654 26s 2654 1625 450 445 to s5614.56k 5614 j n 7000 15 15 --j5 s33 414 454 11590 21 23 21 1 "2500 10 9 920 635 625 2300 17 17 1000 15 .15 225 j29v4 29 3070 760 735 7000 15 7000 15 14 100 385 365 100 150 150 200 173 173 700 131 129 635 15 23 750 54 1454 365 150 173 129 844 1044 .2000 n. 744 744 29300 12 690 825 -1100 92 400 239 1000 444 3000 33 500 62 325 92 92 38 238 ,444 45 32 32 62 tuesday August 13, 1963 bid ask Abb can 244 Albino 12. Advance re 1014 ttl.44 Alexander re 9 Anawro i Bruce Presto g can Delhi can 93 can javelin. 12 can Superior in Central Man. 4 Chenalloy. 70 Chipman Lake. 344 Chip Copper. 9 Dunvegan. I explorers Alliance 3 forty four 545 sunday Bay Glen Burke. 6 Gui por 6 Independent 3 jeep. Gold. Lake expanse. 7 Lamm 13 Lun Echo 40 Lyn Watin 2 Mcfinley mid Chib. 24 Mirado 11 National Malartic 14 new surpass 25 11 2 10 95 13 5 75 4 10 2 7 6 8 8 4 9 14 41 4 444 27 13 16 1100 825 820 825. 3000 754 715 754 2soo 99 700 370 1100 a 500 92 55 55 54 7500 2goo 754 5 98 355 61 02 754 454 98 360 61 92 More financial news on Page 32 . Dollar Montreal up the uni Ted states Dollar in terms of can Adian funds was up is at Pound Sterling was up at cent Pacific mining .0054 .00% x indicates Odds Tot Sii Tuai investment shares net quotations Jeriean growth fund 8.82 9.64. Can invest fund. 10.32 Commonwealth info corp 8.98 9.84 Commonwealth int lever 7.46 8.18 corporate investors 10.20 11.16 Iraq of Gas fund Ltd 4.47 4.89 guardian Mut if. 6.59 7.16 grouped income 3.93 investors growth fund 6.94 7.54 investors int l Mutual 4.63 5.03 investors Mutual 12.54 13.63 Lutkat income 5.34 5.84 Mutual accumulating 3.81 4.17 Mutual Bond fund 7.48 7.83 Amer fund of can 10.97 11.99 sales inter City at 7.00. Winnipeg Supply at 5.25. Court aulds rubber g it univ Hudson s Bay Imp Chen Imp Tob Metal Box. Hand mines Shell Oil Unilever Vickers Bonds Bra Tanh 55451 46s 6d 67s 6d 33s 6d 53s 46s 3d 33s 6d 53s 57s 1054 d 57s-6d 94s 6d 94s 3d 63s 6d 63s 7t4d 65s 454d 63s 6d 70s 9d 70s 3d 7ns 74s 45sd 42s 1056d 43s, 155d 44s 6d 44s 6d 30s 9d 30s 1054 d Consols fed grata Fleet Mic Freeman Gen bake Gumc cd up mfg a is w or Globe a goodst or go paper g l Power Gnap w Grey and Hardee hic Hiir Erie husky Imp Ott Imp Tob ind accept Ingulli Inland Gas in Stickel int Tull int Tull or 300 6 h z25. J1314 is i 13h 76 77m 50 s27h 2714 27h Sao a 91 91 10-4 100 46% 46s 300 s19s 19h 1914 100 2214 23tt 34 100 50 50 50 100 i13h 1311 13vi 2900 170 165 200 s5h 200 s14s 14h 1434 25 364 64 64 354% War Loans funds 4s 60- 90 Bond Market Montreal up the Bond Market halted its downward trend tuesday and levelled in Light Trade. Following last weekend s in crease in the Bank rate Bond prices dropped. The not As drastic As might be expected because traders the Market had anticipated a Rise in interest rates so the move was already discounted to a certain extent. The Bank of Canada still has not re entered the Market with 500 s5t6 5tj 5% 14 254 Wim. ,4ia Etta -4oo ass Vii 400 52214. 2211 25 465 465 600 so 6 6 350 s651i. 6su 1815 s22 "21s 22 14 375 48 48 s inter i saw. 900 so 250 .250 inter pl7. 170 81 81 u , 2700 330 325 330 Jett by 500 225 220 220 Jock 820 ,320 315 315 Jock c or z25 1014 1014 Kelly d a 100 i55i 5h 5s Labatt 325 p6k 165i Lamarse Sta. 300 50 50 Lakeland 500 850 350 350 to Cem w 500. 46 46 46 Lambton Ted 100 17 17 4 Laura Sec 502 -13% 13% la Lau f 200 100 s3714 3714 3714 Leland 100 450 450 450 Lakeland or 100 s314 .2214 22 4. Levy 495 Sisk 1s% 18% 1i Loco a 300 the 7k Long 1 or 50 s30 30 30 1i mrs Maclaren a 150 s21h 21% h made ods a 100 524 24 24 11 sugar Price drops Montreal sugar refineries have announced a 40 cent reduction in the Price of refined sugar bringing it to a 100-Pound bag. The Price level is determined by the Cost of raw sugar on the world Market in London. The Price of refined sugar has changed 55 times since Jan. 1, 38 increases and 17 decreases. Last May 23, the Price was the highest since 1920, a 100 Pound bag. It was Jan. 1. Commodity stocks tuesday August 13, 1963 Chicago eks High Low East .3420 3420 3430 Captain Cassiar Cayzer Chub Isay Rcch will con Shaw c Zellek u Duscov c Halll c Marcus c Mogul c re court Ourvan Colwich Craiget Crown or Crow Pat 5000 15 15 15 z25 510ts 10ts 10t5 500 18 18 18 1000 11 480 2000 44 1700 -10 750 82 1000 17 300 134 15soo ids u 450 44 9 82 17 134 100 10 11 4so 44 10 s2 17 134 100 10 3500 10 1000 1514 1554 1555 500 109 105 105 z25 1754 1754 4500 2000 5000 .11500 Deer Horn Delhi Pac Denison Dicknson dome d 2000 62 1100 21 954 95s Jaq 10. "1154. 3154 54 m54 .19 Faraday f West t Geco mines 62 s3 21 21 845 10% 10% h 600 550 545 545 210 j33h 3354 3354 54 500 230 230 230 2000 26 26 26 1000 140 140 140 17500 21 19 19 z25 s27k 27% nov sept oct . Copper mar sept dec . April mar nov . Copper mar sept dec -3435 3450 293s 2970 2952 23s 223 200 243o 2265 2351 3420 3410 3425 2933 2970 2952 235 226 198 2414 ,2260 2348 198 3415 predicts crash in 1965 Ottawa up american and Canadian Stock markets Are due for a crash in 1965, Al Fred j. Frost general manager of the guaranty Trust company of Canada said monday. In a speech to the kiwanis club he said the markets face a very substantial correction of the Rise which began in 1949. This was based on the theory that for every action there is an equal and reaction. Or. Frost said markets will Likely take an upward swing for some months but inflation and monetary instability will result in very unstable conditions in 1965. He said he based Bis forecast on a Survey of North american Mcken Miri corp it Wright Nama or new Alger new ath new Onex new hos co n Kelmore Newlund k senator no Beau no Lartic Norlex Norm Tai n Goldart n. Rank Northgate n Orvalle Ope Miska orphan Kosisko Paramaz Patino Pat no its pee exp pick. Crow Placer Preston pros air Burdex Ami runs ten que cont Ray Rock Reeves re spar Rio Algol Ryan or Salem satellite Sherritt slav May Sil Miller. Siscoe Steep r Sullivan Teck a _. Thorn l torment trl bag trin Chib Tundra u Asbestos in Keno Vandoo Violam West mines Beaver Willroy Wiltsey Windfall 4500 32 32 .32 865 18s 1sh 54 1000 4054 40 .4054-154 3000 1654 1614-1654 to 54 152 soon 9 3 1000 32 32 100 355 355 1300 154 54500 s 2000 is 1000 21 1500 42 2000 13 10140 42 1000 310 2500 24 9 355 "154 8 8 16 i 18 21 .21 -4114 42 13 13 41. 310 "31i 22% 24 1000 2614 2614 2614 3038 335 330 330 -5 1000 915 914 914 o z 1000 7144 7145 71v5 44 i 2 Orofino. 38 43 Pascar. 10 12 Pascallis 70 pacemaker 55 Phoenix can Oil 61 67 Pine it 1254 13 pitch Einn 4 5 que Cobalt .280 que smelting 12 red con 5 Roblin 93 Russett 3 Karnoil Ste Mary s Kaplor 3 Scurry Rainbow 15 Ste Eunan Gas.140 Trojan uranium Ridge i. Wesley. Sou 13 6 96 5 15 5 15 ?4 155 5% 8 8 11 1 3 600 700 1000 285 1000 41 3000 15 355 625 577b 4 1000 11 2336 56 695 275 40 15 620 3 11 56 125 24% 247s 54 300 8615 865 865 7000 60 60. 60 soon 854 854 854 379 125 125 125 3500 14 14, 14 125 1154 3154 3200 85 85 85 400 140 140 500 19 is .19 1148 34000 14 1254 1354 -1000 38 38 38 .25310 21 20 2500 2s5 2s1 2s5 3500 2454 24 500 30 750 191 1263 440 150 145 3650 Iso 500 52 4500 26 .13600 195 3000 12 825 70 651 s15 315 575 30 30 190. .190 420. 420 145 145 Iso 195 -12 .70 315 570 Yak Harg Bear 500 454 454 454 soon 203 193 .-200 300 325 325. .325 1000 1954 1954. 700 150 6000 1754 17 1t54 2000 44 44 44 1000 73 78 79 200 310 108 110 4s50 28 2754 28 Stock averages James Richardson a sons tuesday August 13. 1963 Dow Jones new York 30 20" is ind s rids Mil s Prev close 710.27 171.10 143.22 am. 711.30 171.80 143.20 noon 709.97171.89143.29 1 . 711.22171.92143.36 monday s Range open High Lew 30 industrials 709.54 714.09 705.51 20 railroads 170.78 in.70 170.03 15 utilities 142.30 143.55 141.70 Toronto 20 20 15 15 ind s golds b met w oils Prev close 617.87 93.13 303.88 . 617.21 93.61 203.60 113.09 noon 617.33 91.73 203.69 112.93 1 . 61s.27 93.46.203.72 113.03 Montreal 65 13 7 84 ind s util s Bank comp Prev close 721.0 u6.9 119.9 120.1 noon 120.9 116.s 120.2 120.1 named president 2348 i markets since 1949. Villapa sales to 1 . Mutual funds by the Canadian press monday aug. 12, 1963 bid asked All can com All can div. Beau ran Canada growth can Gas and Energy can trusted. 4.77 6.62 33.33 5.06 6.81 4 s4 Campion Mutual diversified Ino a diversified Bic a dividend shores Dominion equity 5.87 21.40 4.38 3.44 19.05 trans Mountain Oil. Pipe Tine company 6 mos. Ended june 53.8 cents a share 1962, 56.0 cents. Or .2234 2234 54 u t Royal Trust guaranteed investment . Mill mass of 7" mass for mass of Molson a Mon foods Mont Loco Moore Morse. A Nat contain Nat Trust Noranda nor front ont steel Pac Pete Pac Pete w Pabe hers Pelna phantom pow corp Premium Price Bros in Gas in Ges or reichold 1765 15% it ids ios 15 29% so z60 577 77 77 400 s1314 13 134s 370 547% 4744 47% j .200 .5954 9s 100 465 465 465 companies to merge details announced 50 27m 825 536% 3644 36k 300 5814 811 1790 52314 22 2214 .145 51154 1154 us 200 605 60s 60s 65s 519s 19% 1954 m 100 s7% 311 130 150 Iso 250 594s 9vi 320 135 135 135 65 534% 34% 890 s73s 7h 744-% 286 598 96 96 2350 135s 13s 59% 914 a 110 s1154 1154 1154 100 77 975 Wal 7m4 z2 of 19 19 300 52 52 52 z50 js54 9 a 954 300 310 Soo s10 1291 s16s 1654 ibs 54 on five year deposits minimum Deposit s1000. Terms for Shorter periods Are Avail Able on request. Hoyal Trust leading executor and trustee 438 made Street Winnipeg Tel we 341431 Fot Trust Rota Art subject to a tango without mute Rel ban a Revelstoke 10so 5654 614 6% revel St or 100 521 21 Robertson Rothman Royal Bank St Cem a St Maurice Salada Wayvette Shell Oil Shell i or 300 s2s% 2644 26% 44 Simpsons 2so 31% Southam 300 530% 30 30% Stedman 100 51414 we 1441 44 steel can 3405201420142014 Steinz a is 52144 2144 2144 t Tor Dom by 298 Kkt Tor Iron a z2 a 11% 11% 670 51341 1344 1314 44 Zio 533 13 125529 29 29 495 515 15 200 512 12 12 100 520 20 20 w 150 525% 25% z25 514k is 530 r4 14. Loo to n 11 300 598 88 the a t Fin b to can pm trans it trans pal Trumbull in Gas u corp b Ven Domat Westcoast coast it we steel w Pac Lilc w ird a Waton a Weston b wooded a Zenith 22s o8w 210 88% 1874 270 19% 4co 5 16s s we steel pro cacti Ltd., 6 mos. Ended june 30 1963, net loss 1962, net loss Toronto up Canadia devonian Petroleum Ltd., i be the medium for the propose consolidation of a number. Of companies the or. N. B. Kee Vil group it was stated in detailed plans announced monday. Companies to be consolidate Are Teek Hughes Gold mine Ltd., Lamaque Gold mines Ltd and Canadian devonian and As originally announced in Earl july Teck Hughes was to hav been the medium. The name of the consolidated company however will be Teck corporation Ltd., As originally announced and the plan the announcement adds retains the same Exchange ratios Between the individual companies a Given originally and share holders will end up with the same relative values and same total dividends As in the Previ pus special meetings at shareholders of the companies will be held aug 26 and if the plans Are approved share interests in the new Teck corporation will be on the following basis Tecec Hughes Gold Teck corporation shares for every five shares now held Teck Corpora Tion for every five shares Canadian devonian one Teck corporation for each share. Company winds ii Howey consolidated mines Ltd., another member of the group will distribute its assets to shareholders and be wound up. The announcement says the total Worth 1 of the new Teck corporation has been estimated at approximately or a share. An initial Ynar Terly dividend of 7% cents a share or 30 cents annually is proposed and the announcement adds that this is equivalent to the 40 cents per share suggested in the preliminary announcement As the shares were then expected to be constituted. In the course of the Consoli Dation All the assets and under takings of Teck Hughes Gold mines except for its holdings of Canadian devonian be disposed of to Canadian de vonian in return for the issuance to Teck Hughes of Tain devonian shares As provided for in the agreement. Teck Hughes Gold mines is a holding company and a Gold producer in Northern Ontario s Kirkland Lake area Lamaque is a Gold producer in the Bour Lamaque area of Northern que Bec Canadian devonian has Oil interests in Western and North Ern Canada and Ontario and Howey consolidated is a holding and exploration company and a former Gold producer in North Western Ontario s red Lake area. Dreyfus inc 17.52 european. Growth 6.83 Fonds collect Elf a 6.30 Fonds collect it a 5.48 Fonds collect Elf a 6.48 i with Oil and Gas 9.32 one William Street 14.17 pret it Revenue Cut 6.09 Putman growth8.77. Radisson. Regent i. 5.61 research investing 10.52 savings investment 6.09 1962 exec fund cd 5.h9 to electronics 7.43" timed investment 6.20 United accumulative West growth 4.54 see Winnipeg stocks 5.23 7.25 5.53 7.44 4.82 19.47 5.83 7.04 9.79 15.49 6.65 9.5s 5.01 6.65 5.64 6.69 4.93 country marketing car loadings monday last year wheat 432 c. Grains 154 92 a. W. Mckenzie the appointment of a. W. Mckenzie As president and Man aging director of Canadian Gen eral transit company Ltd., is announced by air marshal w. A. Curtis chairman. Or. Mckenzie was formerly vice president finance and treasurer of the company. He succeeds c. H. Drury who is relinquishing this position to take a senior Post with Dominion steel and Coal corporation but retain ing his seat on the Board. J. G. Buckley is also appointed treasurer of the company. Both Canadian general transit and Dosco Are subsidiaries of Hawker Siddeley Canada Ltd. Air marshal Curtis also announces the election of or. Mckenzie the new president and j. R. Scanlin and Henry j. Nord senior executives of general american transportation Corpora Tion As directors of the Canadian company. Canadian general transit co is owned 55% by Hawker Siddeley Canada and 45% by general american transportation corporation. Both companies rent and lease Large fleets of railway Ank cars. Architectural craftsman minimum experience 3 Yean. Excellent fringe benefits and pension plan. All replies treated confidentially. Apply in writing with full particulars or phone r. Thompson Spruce 4-3546 Green blankste1n Russell associates architects and engineers 222 Osborne St. North Winnipeg i a room Cox Call Yew Ift Ziy canal Lei Vav free reservation service for the Royal York Toronto and for Canadian Pacific hotels in Quebec Regina Winnipeg Calgary and Victoria. In Winnipeg Call 943-4936 ;