Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 18, 1969, Winnipeg, Manitoba Winnipeg free press wednesday june 18, 1969 unlisted Richardson securities wednesday june 18, 1969 industrials Abbey life guardian growth Jolly jumper spar aerospace oils and mines Abino adv. Red Lake Alex red Lake aug dome Brac Mac Commerce Nickle Crainee Fletcher Ganda Sliver Gle Burke bid asked 475 bid 9 w4 15 15 3 10 9 2s 6 Indian Man 160 Jamel and 0 Juma mining 7 Kardar Cana fran 15 la expanse 16 Larum Lun Echo 40 a Finley red Lake 2 Munro 7 Natl Malartic 150 new surpass 270 Orofino 30 Rich Gap Yak 65 Robin red Lake 105 Savannah Creek 6 Silver key 30 Silver men "8 Silver pack 10 Snow Drift 55 Tara. 120 Uran Ridge 13 Victoria Algoma West Wasa yellow Rex Rich group 5 10 17 19 10 12 n 25 8 180 75 9 20 18 6 45 4 9 170 285 40 95 115 a 35 12 15 65 130 16 22 24 75 50 Jowsey r j eng .65 .69 Marvel oils .45 -50 new Rice Lake gd.10 Pascar oils .21 .24 Pel Romes 1.79 Sherrill Gran 13.00 13.25 space mrs .12 stall Lake mrs 1.50 1.60 Star Lake.06 Teck corp 8.55 8.60 scope res.24 .27 pet red Lake .25 .30 x indicates Odds lot Mutual investment shares net quotations other Market quotations coast Silver 120 cons Gen sex 34 con re spar 230 cons Skeena Monee 100 cons Van Tor 51 Winnipeg stocks Amer growth cd can invest fund comm into corp corp inv grouped inc inv growth cd inv into Mutual inv Mutual prov Mutual cd prov Stock cd 6.68 4.44 13.23 6.18 4.33 11.94 8.50 5.57 7.20 6.66 7.34 4.87 14.50 6.75 4.74 13.04 9.29 7.87 7.28 sales a 5 at 10.25. . A 3 at 14.75 United can 50 at 41.00. Mpg Supply 50 at 200 at 9.75, 100 at 9.50, 100 at 9.50, 25 at 100 at 9.00. Space master 2000 at .14 500 at .14, 2000 at forty four 1000 at 6000 at .27. Marvel Oil 1000 at .48. Peterson red 1000 at .27, 500 at .27, 2000 at .25, 1500 at .25. Dick Stone 100 at .70, 100 at .70, 100 at .70. Bonds 113 115 118 123 125 135 95 100 120 100 101 116 143 105 104 115 97 99 114 wednesday industrials aulds com aulds pad aulds 2nd pad bar lbs pad exd bar lbs cd a exd bar lbs com exd Bird constr Bow Vly ind Bow Vly pad Bow Vly was can Hydro can Hydro 1st pad exd Jas b Carter a Jas b Carter b Codville dist la Compagnie Yonciere do Man fed or com a Fin ent a. Fin ent a. Found Ace or West life Asinc exd it. West sadly com inter City g com inter City g 2nd pad inter City g was inter prov s p inv Gap inv Gap a j Labatt Ltd exd june 18, 1969 bid asked 15.% 22.00 22.50 14.50 87.50 31.50 14.50 24.00 31.25 15.25 11.00 50.00 6.25 45.50 7.75 10.50 17.00 1.25 108.50 10.00 17.25 15.50 5.25 18.00 12.50 25.50 Toronto quotations for tuesday june 17, provided by the investment dealers association of Canada bid ask corporation non convertible Abi Tibi Power 714 1987 86 88 Alberta Gas 6v4 1981 85 87 Algoma Central 5% mar 1 79 b2vi Algoma steel 5vi 1978 79 aluminium co 4 a 1973 87 Anglo can pulp 6va 1986 80 Bathurst Power 6 1984 80 Bank of . 7 oct 15 1987 88 j Labatt pad 26.00 Monarch life exd 24.00 Mont. Inv. Ltd. 3.50 nth cent g 20.v8 s. Mpg Ltd 1.70 staff ads Ltd exd 5.00 Trad bldg Assn 40.25 tra Ltd 70c pad tra Ltd com 5.00 to can p l Ltd 40.vb to can p l pad to can p l a pad 74.25 to can p l was 15.50 Ltd can hrs 40.00 ugg a exd 14.75 Wester Ltd pad exd 18.00 Wester Ltd cd a exd 28.50 we steel Rosco Ltd 15.00 wp8 s f 8-50 mines and oils Agassiz mines .6 chem minerals .3.80 15.5017.50 Bell Tele 8 May 1 1977 98vi 95.00 Bell Telephone 7% 1991 92 32.00 Bowater Power 1980 16.00 b a of 1977 82 26.00 . Tel 6% 1991 78 32.00 . Moly sex 5% 1976 82 16.00 Canada Dement 5v4 1976 82 can breweries 5 1983 76 i can Brit Alum co 6 a 77 85 6.50 Canada chem 7 1980 can industries b4 1977 82 can Pac rays 5 1983 72 can West Nat Gas sva 1983 73 Consumers Gas 1982 Dominion stores 1976 87 Dom tar chem 6% 1987 80 Dryden paper co 4% 1974 83v2 t Eaton accept 1987 90v2 Eddy e. B. Co. 4 1974 78 general motors Ace i 1987 80 Gen motors Ace 7 1986 85 or lakes Pap 5 1976 86 or lakes pow 4 a 1975 80 great Winnipeg Gas 6 1979 80 Hudson Bay Oil 4 May 1975 78 husky Oil co 6% 1987 80 Imperial of 7% 1988 90 Indus Ace 7vi 19m Indus accept 6% xi9m 75 Inland Nat Gas 1983 80 John Labatt set june 15 87 jockey club 6 1980 80 Lakeland Nat Gas 6 1982 78 Loblaw grocer h i 1981 77 Macmillan Bloedel set 78 84 North cent Gas 6v2 1988 Northwest util 5% 1988 Pac petrol 5 1977 Price co 6% 1987 Pacific Centre 1994 que Nat Gas 5% 85 Raymor 1973 Raymor 7% 1978 Rio Allom 5v4 apr 1 83 St. Law corp 6v 1980 Shell Oil 4 a 1976 Shell Oil 5% 1977 82 90 82 82 90 99vj 94 traders finance 1987 87 Union Gas 5% 19b1 78 80 Westcoast trans 5va 88 a 78 80 Weston George 6% 1987 83 85 convertible Ackland 1988 bloc Bros 6v2 1988 Consumers Gas 1989 dynasty exp 7 1982 s. B. Mclaughlin 7 1989 Pacific West air 7 1982 peace River 7vj 1983 Simpsons Sears 1988 Scurry rain 7v4 1988 systems dimensions 5 1989 138 trans can pipe 5 89 103 Westcoast trans Svi 1988 c 102 government Canada 5 1 july 1969 6% 1 july 1969 5% 1 oct 1969 15 dec 1969 7 1 oct 1970 15 dec 1970 6v4 1 april 1971 w4 1 april 1971 7vx 1 april 1972 1 sept 1972 5 1 october 1973 1 oct 1975 1 june 1974-76 1 August 1980 1 sept 1983 l May 1990 set 1 sept 1992 3 perpetual govt of Canada guaranteed . 15 dec 1971 94.50 95.50 . 5 15 May 197.7 83.50 84.50 . A Anuar 19b5 82.75 83.75 Commonwealth of Australia Cox 15 Aoril 1981 84.00 85.00 int l for it construct and div l 15 March 1990 70.00 72.00 is March 1991 74.50 76.50 prov. And prov. Ontario 6 15 nov 77-79 86.00 88.00 Ontario 5% 1 May 83-87 79.00 81.00 ont Hydro 15 july 1970 96.00 98.00 ont Hydro s 1 apr 74-77 83.00 ont Hydro Svi 15 feb 79-81 81.00 ont Hydro 20 sep 85-89 86.00 prov . 4v2 15 oct 68-71 91 93.00 p of Nisi 15 aug 92 86.10 prov . 4% 1 dec 75-77 80.00 my 102 by of de my 101% 122 10154 131a 122 beef futures by 99.75 99.95 09.95 100.05 v9.45 99.65 99.00 99.10 97.10 97.30 97.75 98.50 89.75 89.25 97.50 99.20 99.40 97.40 97.60 97.55 98.80 90.7s 90.25 88.50 de 77.25 a 83.75 84.75 72.50 75.00 82.00 45.50 no a 3125 3025 3120 3025 3350b 3210b 3125b 3025b 71.50 74.00 81.00 42.50 8.00 15.00 i.50 110.00 10.25 18.00 16.50 5.50 20.00 12.75 10.75 25.75 26.50 28% 20.4i 1.90 5.50 9.66 5.50 40.25 44.75 77.00 15.75 44.00 16.50 15.25 9.75 78 87 91 w 74 75 89 83 92v4 82 87 88 82 82 82 83 92 83 by 126v4 be 129% de 135% a 140v2 by 127% be 126 de 123 a 127% by 60v4 set s 64v4 by 116 be 116v4 de 120 a Chicago by Ause no 264v4 262v2 245% 235v2 126vi 129v4 139% 127 122v2 127v-1 60 6iv4 114 116v2 119v2 263% 262v4 245v8 235 126% 129v 14qv 127v4 126 123 603.4 44v4 115 116v2 119va 262v2 commodity prices Richardson securities wednesday Junt 18, 1969 mixed feed 40 40 mixed Grain 1 . 6 Row 122 122 2 . 6 Row .122 122 1 . 2 Row .120 120 2 . 2 Row 120 120 3 . 6 Row 120 120 3 . 2row 117 117 1 feed 2 feed 96v2 9.6v2 3 feed mixed Grain 88v2 88r Winnipeg Cash close local sales terminal stocks subject to confirmation 2 . Sex. 3 . 74 76 3 75 75 sex. 1 feed 74v2 74v2 1 feed 73v4 73v2 2 feed 66v4 6672 3 feed 63v4 mixed feed 40 40 Barley 1 . 6 Row .102 102 2 . I Row 102 102 1 . 2 Row 102 102 2 . 2 Row 100 100 3 . 4 Row 100 100 3 . 2 Row 1 feed 98 a 2 feed 96 96 3 feed 90 90 1 . 135% 2 cd 3 .131v4 4 cw.107v2 107% ergot 99v4 997. Track 131vj 1317i 1 cd .32k4 1 .319% 319% 3 294 track 325 324tt rapeseed in store Vancouver no. 1 can 214 Chrysler 47vi cons Edison Continental car 12% Crown Zellerbach. Curtis pub Dart Indus 45 Deere i co Douglas Macdonell 30vi Dow chemical 71 Dupont .132v2 Eastman Kodak 74 Elpaso 19% fed Pac Ford motors 47% Gamble Skogmo 26 general electric 90 a general foods 80 general motors 7914 Gillette 51 Atlantic Richfield 120% Goodrich Goodyear tire get. A a p 28% Gulf Oil corp . Heller Homes Taki 84.10 83.00 88.00 prov que 4% 15 Jan 74-77 prov que 1 apr 87-90 prov que 6 15 oct 88 78.00 70.00 75.00 82.00 i 71.00 87.50 81.00 86.00 79.50 72.00 77.00 14.00 73.00 be e ,71 oct 90-94 83.00 85.00 Tel 4 15 a Jug 91 79.00 80.00 1 Jun 82.00 83.00 Hurt 7 15 nov 85-87 90.00 92.00 pro sask 6 1 mar is-67 81.00 83.00 fld 7v4 1 nov 87 88.00 90.00 Elir tric m 1 apr 90 83.00 85.00 Pac it East 4 15 apr 87-92 7o.oo 78.00 cons. Call of cons Man mines Dick Copper dynamic pet forty four mrs Gunnar eng Ltd .12 .43 .63 3.20 2.30 .70 4.05 .45 .70 3.25 .39 2.40 Simpsons Sears Ace 1987 87 Tor Dom 6 1987 79 Tor Dom 7 1987 Tor Dom cent 8 1993 Tor Star Ltd sva 1978 trans can pipe l 5.85 79 g6 79 75 86 85 100 75 96 95 82 88 85 92 89 81 89v2 Grain futures High Chicago sept. Oct nov new York Copper sept dec mar new York potato nov mar apr new York Cocoa july sept dec sugar no. 8 sept oct mar beef cattle june aug oct Low last wednesday Junt 18, 1969 open Winnipeg flax by. 32614, of. 304 .334 rapeseed no. A. Orts Jav. 78, of. Barley by. 102, of. Ism wheat by. Be. De. My. Corn Jose. De. My. Oats by. 60vmo, be. De Rye by. Be. De. Soybeans by a. 262v4, be. No. 235ve. Winnipeg High Low . 326 a 303 a 293vj 87 76 78 by 326vj 326v4 of 304 30wa de 293v2 293v2 by 216% no a by 78 of 76v4 de my by 102 of 1013a 4040 3915 4035 5930 5670 5480 235 265 293 4120 .4120 3880 -406 400 397 3460 3207 3025 4030 3860 4030 5927 5665 5480 235 265 291 4003 4103 3878 401 397 396 3187 3005 4030 3860 4035 5930 5665 5480 235 265 293 4120 4114 3880 405 400 397 3457 3207 3025 Stock averages Richardson securities wednesday june in. 1969 new York 30 ind 20 a lords 15 a tells 65 co 885.73 218.89 123.59 302.20 892.71 220.21 123.91 304.1 890.19 219.49 123.75 303.42 or cd 11 am noon household Fin 39% ism .314v4 into Harvester 30% . Case 16v2 Johns Mansville 32% Kresge Minnesota eng .103 Montgomery Ward Newmont 28 n. Amer Philips 42 a Northrop 42vi " Polaroid 115vi radio corp 43% Republic steel Reynolds tobacco 3bvi Royal dutch 48% Safeway Schenley stars Roebuck Shell Oil 67% Socony 44% Sperry Rand Standard Oil 79 St. Regis paper 41 Sunstrand 53v4 Swift 26 technicolor Texas 79% Texas Gulf 27 Union Carbide Union Pacific 43% United aircraft . Rubber . Steel West Ghouse 56v2 Woolworth 37 Xerox corp . Ply. Champ 31 13 45 30vi 133ft 27 47% 80% 78% 52 116 39v4 29% 40 19 31v4 41 31 vib 14% 48% 104 60v4 27% 43 115w 43% 38% 48% 27v 29 70 47% 65% 79y" 43 54% 26% 21v2 79% 27vi 44v4 68 27va 42% 5714 36 a 288% Copper Ridge Coronet mines Croydon mines 3avis Keays eng Dundee mines dynasty sex Endako mines nex mines five Star Pete futurity oils general res Hearne Copperman High Mont eng Home stake Silver inter prov Silver Jer co mines Kelly Lake mines Kimberley Copper Largo mines London Pride Sil Wornex eng 275 110 46 415 17 1550 1375 11b 33 53 22 180 220 17 97 23 135 78 155 35 1175 Lytton min 360 magnum cons 400 Nat Nickel native mines new cinch Uran Pac Asbestos peace Riv Pete Peel resources peso Silver Plains Pefe Polaris mrs Pyramid eng Odstrom yellow rolling Hills car Royal Amer Pete Royal can vent san Don mines Silver Arrow sex stall Lake sunlit Oil t c exp to West res trans can oils Trojan cons mines Utica mines Van metals sex Venus mines West coast res West bar Lodge West explore Westland mines North vent North explore inter Leek Dev Cash Grain tuesday june 17, 1969 Lakehead wheat Board prices . And cum 2 cd. No. 1 Northern 30 ind 20 Elrd 15 util 65 co s Toronto 77 ind or cd 11 am noon tuesday s Range 888.90 893.29 220.32 220.85 124.01 124.71 303.56 304.84 876.55 217.87 123.05 299.89 6 gods 16b Mil w. Oils 182.13 241.29 110 14 273.40 182.64 241.69 111.15 278.21 182.26 241.36 111.34 276.04 no. 2 Northern no. 3 Northern no 4 Northern 5 wheat 6 wheat feed wheat 1 am. Durum 2 am. Durum 3 am. Durum 4 am. Durum 185% 180% 175% 169% 162% 158% 221% 219% 208% 192% 208 78 76% 102 101% 215% 78 76% 102 101% Churchill prices no. 1 Northern 190% no. 2 Northern no. 3 Northern 180% 2 . 79 sex. 3 . 76 a 3 . 7sv4 sex. 1 feed 75 a 1 2 feed 70% 3 feed. Or. Cd. 190% 180% 175% 169% 162% 138% 221 219 a 190% 18075 79 76va 73% 70% Montreal 65 ind 13 utile or cd 188.62 noon 190.69 7 Banks 85 comp 154.83 154.59 171.06 171.55 1m.52 new York Vancouver Richardson securities wednesday june or. Cd. . Industrials Al steel 500a can brew 950 Cap int l ind 675 Cunn drugs 1400a Laona Gill inter prov to 900 get Nat and 205 205 growers b 230 int brew b 575 575 need prod n w life Assur 187 30 100 380 23 27 161 65 16 90a 35 65 1458 340 29 315 145 950 130 40 335 117 255 25 215 32 65 68 158 115 500 235 115 37 230 100 51 280 105 46 18 1550 1350 110 33 53 22 185 220 18 99 21 140 76 155 34 1150 410 187 100 380 23 27 155 65 16 33 65 135 340 29 325 150 950 137 40 315 116 260 25 215 32 66 .66 160 190 505 240 produce Crescent fruit co. Ltd. Wednesday june 18, to cooking onion new Texas 50 ibs 3-50 lettuce Cal 2 Doz. 4.00 Pepper Cal .40 cabbage Cal new 50 ibs. 4.50 Green onions Doz. Cal 1.25 potatoes Cal no. 1 washed reds new 100 ibs. 6.50 potatoes Man 75 ibs. Washed no. 1 netted gems 3.25 radishes cello Doz. 1.50 tomatoes 40 ibs. Fla 9.00 commission hous1 Plicis Buttke non tend Erable .t3 moot average wholesale cart onto . Winnipeg As reported by Canada dept. Of agriculture tuesday june 17, 1969. Grade a Large 41.7 Grade a medium 37.2 Grade a Small 28.8 poultry or Lei no no. 1 to producers delivered Winnipeg. Chicken broiler .20vi Chicken broiler 4-Svi .18 Chicken .20 -.21 Chicken Over 6% .20 -.23 fowl under 4va .07 -.08 fowl 4v2-5% .07 fowl Over 5% .13 -.15 mature Turkey . Poultry farm Boos Ltd. Toronto wholesale to retail Carton egg prices As reported by the department of agriculture tuesday june. 17, 1969. Grade a Large 41.4 Grade a medium 40.8 Grade a Small 3j.7 Montreal 575 1200 435a 205 1500 Richardson securities wednesday june 18, 1969 or. Cd. . Allied chemical 30v s 31 Amerada 16 16% american motors 10 am Tel 8, Tel 52% 53va am Metal Climax Anaconda 41 Aramco 30 30% Ben Fin 42% 43 Bethlehem steel 33v2 Boise Cascade 65vi 447a Burroughs 228 a 230 Campbell soup 30% 31 Caterpillar 50 50% celanese corp 65 44% Okanagan hell Okan hell was Pac West airlines Sun pub a Sun publish b .3325 West heritage 400 West heritage wit 400 oils a mines Ace mining 185 Adera eng 130 Al wifi eng 250 Anuk r mines ill Arctic Gold 92 Arlington Sil 62 Atlas explore 275 Benson mines 46 Bettex sex Bornite Ridge 29 Brenda mine .1200 Brennac mines 68 Buttle la eng 450 Casino Silver 73 Cha away sex 47 Lon arc 775 Churchill Copper 780 coast Copper 400 18co 435a 205 1500 35% 3325 600 405 190 131 250 115 100 60 273 69 29 1225 61 so 47 775 775 Richardson securities tuesday june 17, 1969 Anglo can pulp pad 62b Asbestos corp 21% Banque can nit 11% Bronco 56 b a Bank note cd Dom sugar c a e 95 can int per. 32% cons Glass 21b Crown Cork Seal 180a or Zellerbach a 22b dist Seagram 51b Dom Bridge Dom textiles Donohue Bros Lovi Dupont of cd 33% Fraser 24% Gen l Star mrs 15% Glen air Gap 62 Gul por 44b Handy Andy 60b Hudson s Bay co 20v2b int l up. 46v2d mid Chib 41 r Mitchell a 13vib Molson b 22b Molson pad 23 fld l p 9% Ogilvie 24b que Cobalt 17% que Nat is new York Market 62b 20v2b 56 39v2b 77b 33 21 b 180a 22b 51 b 15b 32 24b 15% 62 44 60b 20b Rolland a. 7b Shawinigan Sicard pad i bib Southam 60b Steinberg a 13% Steinberg pad 65b velcro 49% Walker g w 40% Zellers 12% Canadian Stock Exchange Belding Corticelli 15 a can Kodiak 18 17 Chenalloy 40 40 it West Man 26b 26b Melchers save 12 a 12v2 spartan air .125 115t 42b 13v2b 23b 23 24b 15b 18b 7b 40b 65b 49 40% Grain Market Trade in All commodities was extremely Light at the opening the Winnipeg Grain Exchange wednesday. Prices fluctuated narrowly. Oilseed saw limited local and commission House operations on both sides of the Market. No exporter interest was apparent in either flax or rapeseed. Oats Barley and Rye had Light Domestic shipper Trade with prices steady at previous close Eye july a lower oct. Unchanged 1.23vi dec. A higher 1.22 May not open. B 1% to 64v2 Bow Valley 1% to 32 Pacific Pete to Jef Ferson Lake 1 to 22, Canadian Homestead 1 to 25 and West coast productions. Bargain prices and continuing speculation about drilling in Alaska and the Arctic strength distributing ened oils. Consumers to 15v purchasing agents role stressed cattle new York Cap the Stock Market with bargain Hunting giving it some buoy Ancy continued higher in fairly Active trading Early wednesday although Down a bit from its earlier Levels. The Dow Jones Industrial average at noon 4.46 at 590.19. Gains led losses by slight y less than 400 issues. Brokers said the Market seemed to draw some of its Early strength from investors apparently encouraged by House of representatives ways and Means committee agree ment to extend the income tax surcharge. The associated press average of 60 stocks at noon was up 1.4 at 316.5. Among canadians Alcan and Massey were up and Cana Dian Pacific is. Seagram was off and Granby mining on the american Stock Exchange Canadian Homestead oils and North Canadian oils gained fractions. Austral Oil was off brazilian was up Canadian javelin Jupiter corp. And Marconi and Scurry Rainbow Oil i. Clerks Are numerous there Are about postal clerks in the United states. Banff Alta. Chasing agents up Pur from across Levels. At the opening flax was 4 to Viz higher july 3.26v2, rapeseed was unchanged to higher july 2 16% Oats was unchanged to a higher july .78, Barley was unchanged to vib higher october at mid session Trade continued extremely Light in the absence of exporter interest at mid session on the Winnipeg Grain Exchange today. Volume of Trade tuesday was bushels of flax of rapeseed of Rye. Mid session prices flax july higher oct. Unchanged dec. Viz lower 2.93vsb May a higher rapeseed july a lower 2.15vja nov. Lower Jan. Lower mar. Not open. Oats july unchanged 78 oct. Vib higher dec. And May not open. Barley july unchanged 1.02a oct. A higher dec. Vib higher May higher . Toronto trading on a 3-for-l split basis today. Ford Canada did not Trade but fell 11 to 335 tuesday. The Stock began trading on a 5-for-l basis today. Reed Shaw Osier was up to Imperial Oil to trans Prairie pipe lines to 19, Cassiar to 18 and chieftain i to great West life dropped 2 to 109, car 1 to 82v2 and Canadian Superior Oil 1 to 44. On Index industrials were up 51 to 182.64, Western oils 4.81 to 278.21, golds .40 to 241.69 and base metals 1.01 to 111.15. Volume by 11 . Was shares compared with at the same time tuesday. Toronto up the Toronto Stock Market posted a moderate Advance today on the continuation of a late rally that Cut tuesday s loss by half. Gains outnumbered losses by More than 2 to 1 but mid morning trading was extremely Light. However Many observers say that investor concern Over tight Money continues to weigh on the Market and that positive news is required for a Long term rally. Western oils were among the stronger groups today. Home a Rose 1% to 70, govt. Officials Eye new the Stock i Canada with a collective buying Power estimated at Joo were told Here that they Lay a More important role in Ood management then generally realized by business. Purchasing is the focal Point of Alberta District court judge a. J. Cullen of Calgary old the Canadian purchasing agents association. The annual con Ference agreed and delegates approved a decision to rename the organization the purchasing management association of Ca Nada. The association also broadened its eligibility requirements to include persons employed in related areas such As material management and inventory control. R. A. Bulton special accounts manager for the carborundum co., stressed the importance of purchasing in team approaches to management. Or. Bulton said that the purchasing agent can contribute through awareness of Market situations economic trends and production availability which in turn will enable management to make sound president j. G. Laurie said that despite the fact that More than 40 per cent of members have been involved in professional training which culminates in a rigorous test by a Board of examiners Canadian business has not accepted the purchasing department circles. By and president of Penman limited Ottawa up a group of englishmen Are Here for the next two weeks to show the fed eral government a new Type of hovercraft. Sponsored the British ministry of technology they Are demonstrating what they consider the most advanced hover Craft in the world the Cushion Craft cc-7. Studying the potential uses of the machine Are officials from the departments of Northern affairs transport and Energy mines and resources As Well As experts from the coast guard and the ramp. Its manufacturer Cushion Craft lid. Of the Isle of Wight says its Craft can perform a a meanwhile a Vancouver based hovercraft company has announced it will Start operations this month in Northern Canada and Alaska. P. Barry Jones president of Pacific hovercraft said the company piety of tasks single vehicle which no other can carry out. Will enter the Arctic service under charter to the fed eral mines Energy and re sources department. The company s srn-6 Craft to operate on a Polar Continental Sheft project will be based at Tuktoyaktuk. The cc-7 s main Structure is a simple Boa like Hull of Corro Sion resistant Alloy sheathed in a superstructure of Tough Glass Fibre. It weighs pounds and carries a payload of pounds. Nine passengers and a Driver can sit in the Cabin which can be converted to hold 160 cubic feet of cargo. Maxi mum Speed is 45 ., with a cruising Speed of 40 The cc-7 s Power conies from the St.6b Gas Turbine engine these Range from exploring Tun dra regions to carrying supplies to Arctic outposts from patrol use to flood Relief. The cc-7 arrived Here after a smooth three hour journey up the Ottawa River from Mont-14jiciui_ real where it was demonstrated j Industrial and Marine at the third Canadian Sympso division near Montreal sum on air Cushion vehicle technology before the symposium the manufacturer s team spent several weeks exhibiting and testing the Craft at Sorel que., with Quebec and Federal government officials. Merger policy dropped Tokyo Reuters Japa Nese officials have abandoned a policy of trying to align car makers into a few big groups to fight foreign Competition says a government spokesman. The japanese ministry of International Trade and Industry has tried to bring about Merg ers in preparation for when Japan opens its doors to inter Nal Competition by foreign car giants. A ministry spokesman said the ministry would announce a timetable by the fall for Liberal izing its policy of controlling made1 by United aircraft of overseas capital investments in into management Large the business executive does t have a Clear understanding of what his Pur chasing department is doing and has in even More obscure understanding of the potential of the he said. In coming president John Dickison of Toronto said one major problem facing Purchas ing agents is the apparent feeling of ease with which anyone who has an executive Job thinks he can spend a product s value is difficult to determine or. Dickison said and Many executives Are poorly informed or just Don t place the company s purchasing emphasis As Well As they should. A total of cattle 125 calves 500 bogs 400 sheep and lambs were offered for Sale at the Union Stock Yards St. Boniface wednesday. There was Good action on the morn ing s cattle Market with prices holding fully steady on All classes. An Export demand for top Quality steers and heifers held prices firm on these classes. There was a slightly improved demand for prices holding fully steady. The Bull Market was generally steady. Replacement cattle sold steady to Strong. There were insufficient sales of calves to establish quotations. The hog Market was a Shade easier. Lambs will be sold by for Sale 2 acres on Beautiful make of the Woods in town of Kenora. Across from forestry buildings in Lakeside. Approximately 350 of take frontage including the 6o water rights. Ideal for commercial use. Contact w. K. Parsons Box 130 Kenora ont. Phone 468-6166 or residence 548-4238 Montreal Market Montreal up most prices stiffened during Light morning trading on the Mont real Stock Market today. Indus trials led while Only utilities lost. The composite Index gained .71 to 181.77. Auction wednesday afternoon prices were firm in a Moder ate volume of Trade on the Winnipeg beef futures Market tuesday. Deliveries at St. Boni face Stock Yards were better. Volume of live beef Trade monday was pounds. Choice steers sold from to with sales to Good to medium to common to 530. Choice heifers s31 to with the Odd Sale to Good to medium to common to Good cows to medium to canners and cutters to Good bulls to common and fat bulls to Good feeder steers sold from to with stockers to medium to common to Good Stock heifers to the base Price for hogs ranged from to the 11 . Price was tuesday s average was ror Sale e1lice Avenue warehouse a major Industrial property ideally located in City s prime Industrial Are nearly s acres of land so. Ft., in off ice. Warehouse. Bldg. And so. It. For storage. Excellent heading facilities and trackage. Price and full particulars by calling s. S. Stevenson co. Ltd. 246 Portage Avenue 942-0931 in lost Banks Toronto Dominion to 19% and Montreal to 14% As Point gains boosted Royal to Commerce to 19% and Nova Scotia to among industrials Canadian hydrocarbons gained to 31 i and distillers Seagram to 52 c. W. Maclean before the end of August five English experts accompanying the vehicle will have travelled noon Dollar Montreal up United states Dollar in terms of Cana Charles w. Maclean has been with it As far North As Tuk toy appointed president of Penman i limited. Or. Maclean succeeds or. E. F. King who becomes chairman of the Board. The Arctic Circle and West to Vancouver. Other stops include Trenton ont., Edmon ton and Calgary. Dian funds was up 3-32 to 1-10. Pound Sterling to 5-16. Was up new York up Cana Dian Dollar Down 3-64 at 92 9-16 in terms of . Funds. Pound Sterling up 5-32 at 1-32. The japanese automobile Indus try. Japanese car makers would be free to choose Between tie with foreign car makers or closer collaboration among Jap anese firms he said. The policy change followed in creasing american pressure for easing of curbs on foreign car Competition and the announce ment last month of a plan for Mitsubishi heavy industries and Chrysler corp. Of the . To organize a joint venture to pro Duce and sell cars locally the spokesman said. London Market while Canadian Pacific slipped a to in senior mines and oils French Pete was up a to and Noranda to International utilities Rose vib to on the Canadian Stock change american met climbed 45 cents to 3.45. On Index industrials were up 1.09 to 189.71, papers .06 to 112.88 and Banks .01 to 171.07 while utilities slipped .29 to 154.54. Volume for both markets at 11 . Was shares com pared with at the same time tuesday. London Reuters fur ther decline on Wall Street Cou pled with an Uncertain economic new service for employers of 7 or More persons. Famous Corv brewed Coffee in your Wii office or place of business for Only consolidated building corp. Ltd., year ended feb. 28 1969, 1968, Outlook Here brought new de Clines in nearly a sections of the Stock Market wednesday Bri Tish funds were an exception to the general trend. Industrials registered wide spread Falls. Decca was Down 3s sex 3d at 48s and Glaxo 3s Ivad lower at 78s. Bowater held a Small Rise of 6d, but Hudson s Bay and Rey Rolle lost ground. Dome exploration was three Points off at 245s and Syracuse eased 2s 6d to 52s. Hollinger Noranda and Hiram Walker showed Falls ranging to three Points but Canadian Pacific re covered More ground at 210. Bank shares were quiet. By 4s 3d lower continued to lose ground in an easier domes tic Oil Section. A cup Cream included finest Quality freshly ground Coffee. your Choice no capital investment no lease to sign you pay Only for Coffee consumed free installation Large two i Call or write Cory Coffee service flak 181 Pioneer Avenue Winnipeg 1, Manitoba phone 942-6922 when the Coffee is Good it s Cory brewed ;