Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 23, 1968, Winnipeg, Manitoba Winnipeg free flues tuesday july 23, 1968 Toronto . Stocks distr Ibum by up Toronto Stock 23 quotations in cents unless marked a Odd lot cd sex dividend Rex rights net change is from previous Board lot closing Sale. Industrials net Stock Saks High Low . Cage a Abi Tibi 5 Abib i 7v4p Ackland co ind Alta Gas t Alta Gas w Alta Nat Algoma St Algonquin Alcan Alcan Prang it 290 Anthes a Argus 5 arts 260 p Argus b or Argus c or Asbestos Ashdown a Ashdown b Atco ind at sugar at Sug a at 5 unit Auto elec Bahama. Bank Mil Bank n s bar Taco Beaver l Becker b p Bell phone Becer b p 2155 s8% 8% 8% textile Bell phone Block Bros. Bow Valy Bow Vly a Bra Malea Bramal w brazilian bldg tank a Oil by Forest by sugar by fld c Buntin rid Burns ads cae ind Calgary p Calgy 540 p cd sugar can Cem can Cem p c packs a can Perm 100 51% 51m 1625 14 14 120 8% 8% a 565 s36 35% 36 350 635 625 625 s 400 s19 19 19 1626 s18 17% 17% 200 105 105 105 2095 s25va 25 25 350 s34v4 34 34 75 s41 41 41 150 46 46% z1j5 Sis i 15% 15% z5 3tv4 100 40 40 3555 12 a 1200 23v4 23% a 300 514 14 14 200 s13v4 13 1915 13vj 1500 7v2 z75 is 6% z5 113% 113% 635 14% h 1000 80 80 80 4 2508 13% 13% 20% z100 10v2 900 Itofe a 2600 14 4415 43 2600 414% 136 Stock sales High Low . Chose Crest Bra 350 8% Crown test 100 46 46 Crow nest 600 1v4 crush into 2100 18vj 18v2 cygnus a 225 405 405 405 cygnus b 100 6 d l Delta elec 3150 5 Distl 165 46 46 dome Pete z75 61% d Bridge ,z97 13% Donasco .1975 17% 17% Dom store 4170 18% Dom far 1550 10v4 Dom tar or z50 15% 15% 475 14vi 700. 15v2 15% it 100 7% 220 33 2150 20% 40 32 100 14 325 12 300 16 z25 8 1450 65 60 537 100 Toronto Stock quotations Mutual funds 4415 44va 1310 14% a 7820. 15% 1570 11 11 1135 14 920 of a 2527 18 300 400 400 400 1294 42va 42va .430 150 42 42 995 480 495 250 12 12 270 s21v4 21% 21v4 1900 "9% 400 j3 23% 10 105 105 645 s25v2 200 29 29 1 z8 so 20 20 30 .95 95 zoo 10% Cal 675 30 30 i can brew 5735 9v4 c brew a 32 cd Alum a 200 lavs c chem w 250 300 285 285 cd manag 4000 56% 56% a c Curtiss 1800 220 220 5 c found or 14 14 i cd invest 150 c go Dale 450 22v2 22vj c Hydro 19% c Imp Bank 4177, c ind Gas 290 16 16 cil 1050 c Marconi 4100 7% up inv or 3975 25va a car -975 61v8 car s3. Or 2120 9% 9% car us p 200 7% c petrol a 926 18% 18% it can Frev 75 56 56. Can tire a 295 51 51% c utilities .50 38 38 c Westing 240 12% 13 250-si9v2 11500 375 360 365 5 can Ron Cap Sig Carrier cd j250 8v-i sve Cassidy l z50 Cdr Ltd 550 10 10 Chat Gai 250 15 15 Cne Mcell 320 9va 9vs it Chrysler Al s67 67 67 chum a 150 21va Clairton 100 5va 5va Codville a 407 8% Columbia 300 475 470 470 5 Columba p Ico Cominto 1665 25va Compro 100 390 390 390 comp a 300 13 computer z25 18% con Bath 970 17% 18 Mclarn a con Bath p p. 300 s20 20 20 v2 Maclean h con bar w 200 400 400 4co my Ltd con bldg 9550 275 260 260 Magna Al con bldg w 1524 51 50 magnets con textile 225 11% Maher cons Gas 852 Manoir in con Gas b 100 93 maritime con Glass 100 1714 17v4 Marlboro Corby it 325 32 32 mar Bro w Corby b z8 30 30 mass Fer Coronato 1400 115 115 115 me pc Coron 2w 500 29 29 29 met stores corp d sex 100 425 425 425 met fors p Cosmos 200 59 9 9 met str 67 p Coutret p .400 57% Molson a Craig bit 1640 205 180 190 Molson b Crain r l 300 17 17 i Monte Donlee m Dover or Dupont dust Bane Dalex div m econ inv electro Ltd Emp life Esquite or sex quote w Falcon fam play fed Grain Fleet Fleetw d fee plot Fraser Freliman Gen Baker Gen disturb Gumc g p mfg a glob in a Goodyear go paper it w Lifa Grey and guar test and chm a Hardee hard cup a Harvey f Hawker s Hawker or Home a Home b Home pit h Bay co he Oil Gas he Oil g Hlghs-0 b husky Oil husky d w Imbrey Imp Oil Imp Tob ind accept ind ashes ind Miner ind wire Inglis inspiration Insp Rati p intercity intr qty it ism inc int Nickel int util int util a int util Printer disc inter pipe int pipe w inter steel inter St or inv Gap a it ind James St Jefferson Jeffersn w jockey c Kaps Tran keep rite p Kelly a Kelsey h Kelvin at Kenting Labatt Labatt or Lont Cem Lau Fin Leigh inst Levy life invest life inv it Livingsto living or living was lob co a lob co b lob g a or lob g b or Loeb m i 5 1 32 14 12 16 8 60 100 s125 s57v4 56vs 57 430 7vs 7v4 10700 320 305 310 z50 17% 17% 2251 23 500 17 17 500 10% 11 Soo 5% 2215 z88 87v4 88% 100 21% a 300 9% of 186 186 boo 18% 18% 325 163 62% it 1050 13% 600 9% 14 500 8 8 1000 61 60 375 13% 13% 1530 24v4 24v2 i 6335 435 425 425 s 61 61 635 23% 24 z20 24% 24% 800 335 325 335 z20 s26vi 26vj 26v2 610 40, 40 or 280 100 12% 12% 1466 27 27% 600 16% 16% 920 1.3% 13% 14 1487 68% -68% 2140 16 a 570 23v4 it 200 7va z50 16 16 400 345 340 340 5 z50 11 11 7007 135 135 135 300 15% 350 514 14 14 v4 1400 340 335 335 66s370 370 370 z30 21v2 3s88 43% j348 112 52% 330 s54. 52% Ivi 1500 55 55 55 4 3200 s21 20% 20% 1175 930 935 940 3355 5% 5v2 a z25 19vs 800 300 17v4 300 345 345 345 z50 s35 35 35 290 25% 2000 380 375 375 1300 8v4 265 18v4 250 s5% 5v4 5% vib 225 14v2 300 10% 1100 31 a 930 17% a 300 hot it 200 370 370 370 Stock sales Monte or 300 Monte w 3900 Moore Morse b Murphy nabs dig nachos i it contain Neon no Tel Nia wire b Noranda nor Cal g neg b 2p nor Cal was is l p Ocean pm Okanagan ont store Oshawa a Pac Pete peace Riv Peel elder Pembina pc jul a Phillips cd pow corp pow c 5 or Price com on Gas on is 66w rank org Reader d revel St Revenue r Nodwell Rolland Rothman Royal Bank Ryl Oak a Royal test St Cem w or Maurice Salada Wayvette Scot York Scot Lasal scythes Seaway h secur Cap select Les Shell inv p Shell inv w Shell can shop save Shully s silvered a Simpsons Simpson s sister St Slater a it so Gemine Southam St Brodist steel can Steinig a so Post com sup test of High Low . Cage 7% 7% 97 85 1385 30 30 z25 20% 2c% 100 8% 400 480 480 480 1.373 s21v4 20vi Ivi 1000 s7% 7 7 310 .39% 39% 302 13m 300 14% 14% 2458 49% 3945 14% 14% 3cv4 30% 2800 655 640 650 100 8 8 100 19 19 1150 6 6 150 36v2 3675 39% 3420 21% 900 470 470 470 5 18% is b a 10% 10% 11% i Stock sales High Low . Cage mines j 110 2850 200 z50 1760 1000 725 310 Stock Ioc 360 360 360 350 9% 9% 200 12v2 z50 14% 14% 9630 36% 200 100 99-1 100 7% 7% it ibs 27% 28 1495 18% 18% z50 8 3 500 20 20 200 250 250 is -10 8600 64 62 4400 13 13 i 333 415 415 1075 17v. 100 27vi 100 18 is 8340 14% 15v8 it 300 180 175 175 500 240 240 240 1000 .30% 31 800 14 14 940 s28v2 28% a 170 s17vj 100 450 450 450 1966 20% 570 300 33vi 300 12 12 500 530 510 530 710 s14v4 uni 14v4 it s48v2 48v2 4mv4 700 12% 12% 4120 21 21 1600 .18% 100 5935 34 t business 250 460 460 460 1105 45v2 500 29% 29% 1000 8v2 8v2 a 1245 225 200 200 573 24% 24% 25 s38v2 38% 205 16% 650 9 9 1075 9% 9% 135 24v4 24% 50 s26 26 26 5565 13% m 5 210 485 14v4 1210 23% 23% vib 300 14va .14% 525 310 300 300 250 s22v2 22v2 200 170 170 170 198 19% 19% 2500 s9% 9v8 a 250 530 530 530 1810 18% 3200 490 475 485 210 48% 48% 600 s19 17 19 it 100 18% 3. 172 27 27 50 27% 27% 1100 250 225 225 Tamblyn Texaco Thorn apr tone Craft Tor do by towers traders a trader 65 w trader 66 w trans air to can pm to can i p to can a or 416 to can p w z60 910 trans it trans Triec c tru Wall unas inv in car bid in Gas u corp b in in mgt in a turn Uwon 6v4p in win it u Section s Vascan versa cd versatile versatile a Vulcan Wariax Wai Noco o walk go Weld Wod West St West fair p West ind West ind a we steel w can seed 2500 w Pacific Suppis a Weston Watn 6pr White Pas wooded a Zellers Zellers or Zenith z 50 32 1090 31 35 s43va 43v4 100 13 13 525 18% 18% a 200 76 76 76-4 100 9v4 9v2 it 500 200 200 200 100 335 335 335 600 5 5 803 33v4 v2 100 42v4 65v2-v2 870 910 1890 it 310 8% 16245 215 210 210 5 200 205 205 205 200 t3 13 420 s21va 21 21 1680 15% 640 z50 16v2 16vs 1096 59% 9% 9% so 41 700 695 685 695 5 400 8v2 8va i 500 s7v2 7va Tva a 1930 19 19 a 300 13 13 a 3845 512 ,12 12 100 400 400 400 400 Sis i 18% 18% 800 230 220 230 730 34v4 34% 14 14% 3820 29 29 100 20v2 20v4 1 5300 375 360 360 is 550 5v2 5v2 so 15.14 275 270 270 5 325 5 5 100 12 12 2250 19 19ve i z3 89vj 175 40 40v2 v. 700 18v4 18v4 it 535 16v4 16% 25 39 39 j 13355 380 355 365 acad Uran Accra Acme Gas advocate. Agena my Alnico a Alfuno am Larder Ang Ruyn Argosy armore Arcadia at c cop a nor ban Keno Belcher Bethlum Black Bay Bounty sex Bralorne Broil reef Brun Swix Bunker h c mines Camlo Camp Chib Camp re c Tung can Keely c Len court can Alsto Candore can Fer cant Captain Cassiar Chesil Chib m Chimo Coch will Coin Lake comb met Conigo con key c Shaw c bet Lek con Fardy c Hall c Morin con Negus con Nichol c red pop contest cop corp cop Fields cop Man Coulee Craiget Crow Pat net sales High Lew . Cage a c sex 15 15 15 i 44250 40 34 36 5500 33 32 32 1 1050 330 320 520 5 2264 12 12 12 200 184 184 184 2000 43 43v2 500 27v4 27v2 1000 85 85 85 z100. 57 57 57 500 22 22 22 500 19vi 1100 52 52 52 308325 325 325 8550 140 135 -3 1400 48 48 48 1500 21 20 1125 720 715 715 soon 8vi 814 1 11800 48 65 1 3227 21v4 Al 1 z20 185 185 185 6000 44v4 43v4 43v2-.1v4 1900 510 500 510 17 17v4 75 7 475 475 715 715 Psi 30 it 171 171 3 6% 6va i 24" 108750 3000 21 20 275 415 390 2100 13 500 930 925 23 280 1000 145 200 161 1000 23 159 1075 120 zoo 23 18 25700 83 500 490 200 715 600 1300 171 1000 7 6150 1500 52 51 1000 14. 14 14 2000. 155 155 155. 500 14vi 5000 us 16vi 550 s17v4 17 it i it 23000 22 2iv2 22 2500 55 52 400 160 160 2400 90 90 2000 19 18v2 18v4 3 1000 it i Iva it i 4600 47 46 46 see list below. 10500 35 33 33 4500 Lovi 10 900 320 305 55 320 44 13 2v 950 47 115 Stock l Dufaur Lakehead head r l Osu l Shore la Luz Leitch la Lac Lorado macassar Macdon Madsen Malartic Man bar Martin Matt gel me Adam me Intyre 200 Mcweat 1500 54 mid Cim 2200 97 Man Ore 200500 39 Mogul min Ion 435 Moneta p it Wright Multi i new ath new Cal Newconb n hos co n Imperial n Kelmore sales High Low . Cage 1160 800 800 800 8000 48 47v4 47vi 280 142 161 23 159 119 23 1 21 410 13 930 280 142 161 23 159 120 23 3 8500 31v4 29v4 725 13 13 8135 128 123 125 5 91 91 55 94 34 435 152 22 213 Newlund new nor 130 155 4000 22 1000 217 1000 20 3100 35 1850 25 700 155 2000 288 1000 7v2 1000 4000 5 3 1 55 96 39 435 22 214 20 35 825 155 285 7% 71 21v4 21vi 10 9v4 35 800 155 285 5 a i n que Ragl 2m 610 410 610 n senator 9500 4iv4 40 Nick rim 2100 16 16 16 1000 12 12 12 4000 32vs 32 32 d Aragon d Eldena Delson Dick non disc ovary dome Donalda Dun Raie East Mai East Sull f Nat u ran 1000 f Grenada 5000 6150 56 1950 330 z167 44 1000 13 2500 22 1100 955 2200 47 300 115 1500 26v4 26 1000 48 48 100 965 965 2000 13v4 d i 4100 26v2 25 10 320 55 320 44 13 21 950 47 115 26 48 965 1 v4 5 2 5 i nor Acme no Beau Norlex North Cal n cold St North Gat North can is 1 5 4500 69 67 3ls 400 415 500 160 350 900 15 4300 48 300 260 300 610 96 22 415 415 160 160 60v2 61 15 is f Ornda its 8500 1vs sales to noon Frobey get Mast giant Yak Glenn sex p Goldray Gold rim Gore from Gran Droy Granduc Gran Isle Green put Gulch Gulf l Hastings headway Heath High by Hollinger huds Bay Hydra sex int a lbs t Iron Bay t Iso 2t4 45 300 151 100 1700 21 1500 297 3500 58 350 475 9000 57 1620 940 42 260 610 96 22 245 151 11 21 290 57 470 56 900 5 8 3 it 5 a 7 1 260 610 96 22 v 245 151 11 21 290 57 470 56 940 1 5 12% 1000 28v2 1000 38 38 11000 8970 290 280 285 9 500 168 165 168 2000 16 16 16 5000 8 7v2 400 14v2 308 120 720 22 3500 72 400 385 3800 195 Tel 22 69 385 190 60 22 70 385 190 v4 1 2 Ope orphan Kosisko Paramaz Pat no pee exp pick Crow Pine Point Placer pore pay Preston Pyramid que Man 0 Matt gel Suonto Ray Rock Rio Algol Rix Ahab roman St Fabien s Anton i Sari co satellite Sherritt Sllyn folds 5 Sil Miller Silv my Sil stand Starck step r Sunburst Teck a corp Tex Mont torment towage tribal trin Chib u mining u Asbestos u buffed u Mandam Upp can Urban q Vespar was Mac West mine White Star Wilco Windfall win eld Yale Lead Yak Obear Young he Yukon c zen Mac Gulapa 1000 18v4 1000 -18v2 18v2 18 v 2600 135 134 135 900 j3v4 v 1700 103 100 100 5 o 2 700 875 870 870 2620 355 345 345 2500 65 65 see list below. 2401 27% ,27% 105175 250 237 243 9 1000 25 25 25 270 41 41 1020 26 26 a 4586 15 15 15 575 s22v4 22% 22v4 250 120 120 120 1000 24 24 24 2100 90 90 90 9000 5v2 5 5 500 183 183 183 1 915 34% 34% 500 21 21 21 1795 24 24% 1500 24 24 24 1 11000 7 6v2 4000 20 20 20 ,1250 41 41 3870 565 550 560 1000 430 420 430 Szlomo 11 11 11 5400 42 .41 41 1000 99 98 700 450 435 1475 465 655 2000 8 220 485 485 1250 70 ,2000 5 1500 2000 76 1500 9 1000 29 200 800 13700 60 2200 33 210 215 3500 5600 5400 110 1400 249 5000 30 ,1100 32 2500 20 1000 12 1000 34 75 9 29 800 53 33 215 17vi 16 100 95 to 245 98 450 465 8v2 485 70 8v2 v2 95 110 245 x 32 32 191 12 1z 34 76 9 29 800 57 33 215 17v2 1 2 1 v2 17v2 sleek dynamic per Plains it coi lids int helium mid con Mill City Nat Pete n cont n Davis no oils sumac Kalta i Peru petrol Pinnacle p place c Ponder Ranger Scurry in Spooner triad u u a Noah w Vado w deca Ita w dealt w. Sales Toronto up monday s closing a elected 5400 155 151 151 1300 485 670 470 1 300 19v4 19v4 120 10v4 10v4 600 157 157 157 2250 44 1000 134 200 360 1000 73 44 133 360 72 44 133" 2 360 72 moo.m3vi.13v4 13 a 750 875 14505 695 i ,500 14 600 172 3900 115 775 345 4100 180 500 60 4090 500 100 6802 300 17785 296 4730 515 2600 215 3500 6 448 380 2100 156 875 670 16 172 110 340 170 40 475 32 194 284 480 205 4 370 152 875 16 172 110 345 170 60. 480 32, 197 284 490 205 6 375 152 2 5 4 primary distribution distribution Al Treasury shirts the Toronto Stock Exchange has Bee advised that the following companile Lave entered into underwriting and option agreements May result i Treasury shares of these companies be ing under distribution currently through the facilities of the Exchange con key 8000 v4 Jon Smith 4500 20 19v4 ,3000. 9v4 9 9 foreign trading Stock sales High Low . Cage Malartic 100. 130 130 Al Lokna 1000 400 600 400 Montreal Richardson securities tuesday july 23, 1968 last Price Asbestos corp 22v4 aluminium pad. Anglo can pulp 5 Anglo can Tel pad t a Bank note. 55 in Ronco 48 a a. 9% in Bronze _ in int Power Zoghlin b a. _ Consumers Glass rown Cork Seal rown Zellerbach a Wyc Dom sugar Jon Hue Bros 1st Seagram 4514 of Bridge ,4 u Pont of Canada 33 textiles Ilia 17 at Neav Power Handy Andy we Hudson a Bay cont paper. 30 ont real Loc _ Obert Mitchell a Olson a. Olson a 10 27 ,2sv4 23v2 900 560 550 550 1000 8v4 v. ,1900 125 125 125 2000 22vi 22vi 22v2 17 i7v2 n telex 1007 29 29 Jollet 500 31v2 31v3 i Jon Smith see list below. Soutel 1000 72 72 72 Jowsey 2466 79 77 77 Kam Kotiza .200 240 240. 240 Kerr add 943 18 18 k Rapacon 833 65 65 kid cer 24000 45 61 Kirk min 1018 14 14" 14 Kirk towns 5000 67 66 67 Kopan 4000 10 10 10 2 3 a 4 i 2 i oils net sales High Low . Cage a l 750 540 555 555 -15 4000 14 13 13 2384 12% 12 2600 29 27 27 1 2600 290 270 275 5 300 510 510 510 200 11% 5400 750 725 750 13% 42% 950 16% 16 250 .750 750 750 250 810 005 805 sleek Alminer am Leduc Banff Calvert is Pete c Dehi c Grid Oil c Home std c Homes p 1675 can sup o 125 cent Del charter ool chieftain d Jamaica . Be Nal Gas. Fld. Slen Gair Rolland a Jha Winigan some miss Ltd. Sicard find. Steinberg s pad. 86 Walker 6 w 11% Ivi 226% 7v2 8v2 14% 49 y through brokerages. They Are prices which the securities could have Bee sold bid or bought Andreae equity All can com All can div All can Ven american growth associate investors Canada growth v Canada Security can Channing venture can Gas Energy can investment fund can Scudder fund can see growth can trusted can fund collective Mutual Commonwealth into Commonwealth into lever a competitive capital corporate investors diversified income a diversified income b dividend shoes Dominion compound Dreyfus Ettarea investment european growth Federated financial 3.86 4.22 8.07 8.12 9.77 10.51 7.29 7.97 8.5 Slis 13.05 14.30 4.55 18.85 18.15 9.06 9.93 4.56 7.11 7.76 14.97 16.41 10.1711.11 5.97 6.53 1.48 1.43 4.78 5.24 -4.43 Federated growth Fidelity trend Fraser fund gis compound gis income growth equity guardian growth Harvard x Keystone Cust s-1 Keystone Cust s-4 Keystone Cust k-2 Lexington research maritime equity Molson m fund Mutual accumulating Mutual Bond Mutual Bond income Mutual growth Mutual income Atrisco natural resources Xone William Street pension Mutual principal growth Putnam growth Regent fund a inv pret it Rev techno med investment fund United accumulative United american United venture Universal savings equity Western growth Ork fund of Canada . Funds. Delayed monday s prices Danae Lubran Nan Pion Mutual executive lurid of cd dec inv into Ltd ones collect if a ones collect if b ones Collee Tif c ones Destardins a ones Destardins b growth Oil and Gas investors growth vectors into Mutual investors Mutual e Fonds . Rovia ent Mutual Rov Stock fund Adisson ice Taurus 5.51 4.04 8.61 9.41 6.21 6.79 7.29 7.97 30.4433.11 12.35 15.41 10.02 10.9s 4.30 7.82 8.55 17.47-19.07 11.it 13.48 6.87 7.50 7.41 8.09 16.28 17.79 3.05 4.21 4.74 i.61 6.14 8.51 4.77 4199 6.78 7.41 6.08 6.45 12.40 14.00 7.59 8.30 17.14 8.25 9.02 5.47 13.66 14.93 10.46 11.43 5.52 5.69 7.52 8.22 10.18 11.10 6.29 6.32 12.03 13.15 3.08 3.39 5.61 .6.14. 6.48 7.08 5.41 5.91 4.24 4.63 2.84 41.84 45.45 7.58 8.24 7.73r. 8.12 8.50 8.92 -7.01 7.42 4.79 4.94 9.41 10.23 5.04 .4.35 21.02 11.36 12.35 8.20 8.92 5.46 5.93 8.48 9.31 7.03 7.65 6.39 6.95 4.11 11.13 12.23 7.23 8.00 Grain inspection Guior. Mid Chib 16 Quebec Cobalt 115% velcro. Canadian Stock Exchange Belding Corticelli 8va and Kodiak catello a foreign pow sees gwm m int helium _ int paints 9% Melchers pad new industries fld. L p cars inspected july is i968 this or. Last or. Wheat 98 Oats 5 Barley 17 flax 5 rapeseed 3 others grand total 128 spartan air 109% shop and save. Wrap a Marathon alaskan Well Findlay Ohio do Marathon Oil co. Said it successfully tested an Oil Well in the trading Bay unit of Cook Inlet Alaska on acreage held equally with Union Oil co. Of California. The Well tested at the rate of 996 barrels of Oil a Day on a Drill Stem test through a iy2-Inch opening. The Gravity crude Oil came from the Middle ground Shoal Sand Between and feet. The formation overlies the Hemlock zone major producing formation in the trading Bay unit Marathon said the Well was the first conclusive test of the formation in the unit area. Neon products earnings Vancouver a Neon products of Canada Ltd. Has reported net earnings of for the fiscal year ended april 30, 1968. It represented dividends of 72 cents a share. Profit was from net sales and operating Revenue of the Vancouver based company re ported. The company which is listed on the Vancouver and Toronto Stock exchanges said it intends to quarterly reports beginning with the period ended june 30, 1968 Neon acquired. Subsidiaries Ove Waitea Ltd., a grocery firm and Northern paint co Ltd. During the past1 year. Further acquisitions expected to be completed within the next few weeks include Acme Novelty co. Group a Small wares company Imbrey Ltd., Rug dealers Reimer express line group and the Haugh ton group said Neon., Loans hold . Gold Washington d International Mone tary expert Fritz Machlup of Princeton University said foreign Loans probably from Swiss Bankers Are helping South african keep its Gold off the Market. But he said South Africa can t hold out much when South Africa starts Selling its Gold in the free Market the Price will go below an ounce and the Price will Tumble or. Machlup told a press luncheon. The Princeton University economist said he could t amplify his remarks about South Africa obtaining Loans from Swiss Bankers to meet foreign Exchange requirements while withholding Gold be cause secrecy surrounding business operations of major Swiss banking firms prevented him from making any estimates on the amount of these Loans. John Meyer says tariffs met be realistic if production to expand r. New Tariff schedules recommended for chemicals would be rates of Zero to 15 per inorganic chemicals Zero to j per cent for organic chemical including plastics and relate products. The chemical Industry a vigorously criticized thes recommendations. There is h Way of knowing How effective their criticisms have been. In the meantime a 40 be cent reduction in existing rate is in the works As part of the Post Kennedy bound adjust ments. The effect on Thi Industry s expansion programs is already apparent. Latest example of the effect of Tariff reduction is provided in the introduction a of Qiana a synthetic Fibre developed by e. I. Dupont de Nemours which will have much the same revolutionary Impact on textiles As the Nylon. In the n or a 1. Course do font s Canadian subsidiary could be expected to produce Qiana for the Canadian Market. The trend towards Tariff reduce Ion however firmly rules out that possibility. It just would t a to have Canadian production. The Canadian Market is too Small the Cost of building and operating a Plant too High relative to the american Market to produce Qiana at a Price competitive with production in the United states. If there were a Tariff for Qiana which would e sufficiently High to offset these disadvantages Canadian production could be considered. There in t Qiana imported duty free from the United states. So Why build a Canadian Plant the same line of argument would apply to other advances n chemical technology. Those in the Industry see some respect of additional production in inorganic they see none whatsoever in plastic Vandie ated products where the Poten tial for growth is the most exciting. Quite the contrary they see a gradual phasing out of existing a cities with Canada eventual y supplied All its requirements from abroad principally the United states. It gloomy Prospect. The fact is that in the highly capital intensive Industry that it s your business chemicals is size of Market Cost of construction and the funds to finance it level of taxes and transportation be come relatively More important considerations in location of plants. Canada s Market is relatively Small Cost of construction and the funds to finance it relatively ugh so Are taxes and transportation. The offsetting Factor of a protective Tariff similarly be comes More important. To be sure it can be argued that the Economy benefits from the lower Cost of duty free imports., but is this Benefit Worth the Cost of excluding Canada from the main Stream of development and production in the area of Industry which offers the most promising potential for growth this is really the question facing the policy makers. It from the Parent company duty free and at lower Cost the answer is that s what Canada is All about. It s up to the government not Dupont to provide the climate within which Industry can Prosper. That climate is pm Sously lacking in the chemicals Industry. Or. Meyer is financial editor of the Mon rear Gazette. His column appears regularly in the free press. Taper close Extension Ted new York a Wall Street o u e s said they expect the wednesday closings of the securities exchanges to be extended through August. A special committee of Securi ties Industry leaders was reported scheduled to meet to discuss a possible Extension. The exchanges have closed one Day a week since Early june to allow brokers clerical staffs additional time to handle paper work that has piled up during heavy trading. The last scheduled closings Are july 24 and 31. 1490 71 278 26 62 12 1942 contract wheat 97 cars by the Canadian press Emco Ltd., common 13% cents july 31, record june 21. Murphy. My Ltd., pref. 36 cents nov. 1, record oct. 18. Hike seen inter City Gas Ltd. Will report an earnings increase of about 20 per cent for the june 30 first half and although it is difficult to forecast because of weather conditions the company expects a Good increase in earnings for the full 1968 year according to g. A. Cassidy company Secretary. The Winnipeg based natural Gas distribution firm had 1967 net of or 73 cents a common share after preferred dividends of operating Revenue was excluded from earnings is a gain of from the Sale of a Stock interest in Columbia natural Gas Ltd. As Well As losses of from the Sale of propane division asset and a loss of division assets and a loss of by a subsidiary not previously consolidated. The six month report to be Rabl Shedin september will be he first interim earnings state ment issued by inter City or. Cassidy u said inter City Gas pipes to announce an acquisition in september. He said he Ould not disclose details a this Tage but did confirm previous sports that the acquisition Rould be in a Field unrelated to the natural Gas distribution business. Or. Cassidy said inter City is proceeding with plans to merge Ith its three wholly owned subsidiaries in United states. By easing to be a holding Corn any inter City will be removing limitations on future opera on ii in United states imposed the . Federal govern ments Public Utility holding company act. Investigations concerning pos Ible acquisitions of Utility con erns in United states Are continuing he said. The 1967. A Nival report stated the Corn any was looking at three such respects. Inter City has to major capital expansion project planned for Lis year or. Cassidy Alks Are continuing with the Public utilities Board of Mani Toba concerning base rates he said. Drugs Stamps a pharmacy and a jewelry store were broken into sunday evening after a door at the professional building 407 Gra Ham Avenue was forced. Winnipeg police said narcotics Stamps and Cash were stolen from Graham pharmacy in the building. The Type of narcotics and the value of the stolen goods has t been deter mined., Cyril s credit jewellers was broken into and jewelry was stolen. Careers Ould become the most challenging test of the pragmatism of the new government. The test arises not Only in the apparently unquestioning accept Ance of the Virtues of a general application to Freer Trade but in the available machinery for Ariff adjustments including administration of anti Diu Png regulations. Freer. Trade is undeniably d e s i r a b 1 e it is equally True that its Pursuit has to be qualified by existing conditions. There is simply no Way that a efficient Canadian., pro Ucer of Qiana can compete with even an inefficient Ameri an producer without the Benefit f an offsetting Tariff or. Its Dupont of Canada could apply or that Tariff an act of parliament is needed to provide Why so to the Effort with o Assurance of Success when Canadian users can be supplied chief accountant a Well established Multi Branch company operating in Northern Manitoba requires a qualified accountant. Reporting to the comptroller the successful Candi i Date will be responsible for the accounting function and preparation of budgets Fina Rigal statements and management reports As Well As the direct supervision of a Small staff. Applicants will have a r. A degree or an acceptable equivalent combination of education and commercial experience relocation costs to Nort Herrl Mari Itofe will be paid reply in strict Confidence with resume and Telephone number to Box 1371 free press Lambton jc2kl College College president applications will be received up to sept. 1st for the position of president of Lambton College from Quali fied individuals with Strong academic or business backgrounds at senior Levels. The individual required will have considerable knowledge image and proven leadership qualities in planning and developing this new educational institution located in Sarnia Ontario. Annual be in the Range. J commencement of duties Shoul take place As soon As possible after appointment. J replies which will b treated in strictest Confidence should detail age education or business experience present salary other information pertinent to the position and should be addressed to or. Henry chairman selection committee the Lambton College of applied arts and text apology of Box 969, Sarlai sales representative required fora Large Canadian manufacturer of Home appliances to Call on established dealers in province of Manitoba and Lakehead. Salary and commission. Travelling expenses paid. Company car All company benefits. Qualifications we need a Man who is a Seif starter at least 2 years experience. Apply stating experience marital status education and references. All replies held in strict Confidence. Box 1340 free press sales Opportunity the manufacturers life insurance company one of the world s largest life companies seeking two men for full time professional sales careers. No travel required guaranteed income plus Bonus lae Sion medical plan disability income and group insurance furnished. Complete training program and proven sales aids supplied. Sales experience not necessary but ambition determination and desire Ifo succeed essential. We prefer a family Man with a Success Ful background. Please write giving details of past employment to Box 1250, free press or phone Jack k Shavey Branch manager Winnipeg East Branch at 942-0041 Between . And pm wanted experienced Asphalt Foreman for year Rou Ryd employment. Also required Asphalt Raker and screed men. W. C. Wells construction co. Ltd. Saskatoon Fhone collect ;