Winnipeg Free Press (Newspaper) - January 24, 1970, Winnipeg, Manitoba
Winnipeg free press saturday january 24. 1970 is produce Crescent fruit co. Ltd. Friday january 23, 1970 i cooking onion Man med yellow 1 50 ibs. 5.25 i lettuce Cal 2 4.25 Pepper Imp .60 cabbage Tex. No. 1 50 ibs. 5.50 Green onions Cal. Doz 1.25 potatoes Man no. 1 dry 75 ibs reds 3.00 potatoes Man. No. L washed 75 ibs. 3.10 radishes cello 6 of Doz. 1.55 tomatoes 30 ibs. Mex 8.00 commission House prices butter non tend Erable .67 eggs average wholesale car toned Price . Winnipeg As reported by the Canada dept. Of agriculture thurs Day Jan. 22, 1970. Grade a Large 52.4 Grade a medium 48.6 Grade a Small All poultry prices live no. 1 to producers delivered Winnipeg except Chicken broiler Chicken broiler .19 Chicken broiler 4-5 a .18 .19v4 Chicken 5vs-6h .21 Chicken Over 6% .23 fowl under 4v4 .06 .07 fowl .06 .07 fowl Over -.14 Young Turkey broilers Man. Ont. Poultry farm eggs Toronto wholesale to retail Carton egg prices As reported by the Canada department of agriculture thursday Jan. 22, 1970. Grade a Large 58.7 Grade a medium. 54.6 Grade a Small 45.4 Winnipeg stocks Friday january 23, 1970 industrials bid asked aulds com. 10.50 aulds pad 20.50 2115 2nd pad. 12.75 13.% bar lbs pad 20.00 bar lbs cd a 12.% 14.00 bar lbs torn 16.00 16.25 Bird constr 70.00 Bow Vly ind 26.25 26.% Bow Vly. Pad 13.50 15.% Bow Vly was 21.00 22.50 can Hydro. 16.25 16.% can Hydro 1st pad 14.00 15.00 Jas b Carter a 10.50 -11.00 Jas b Carter b 53.00 Codville dist. 4.25 4.30 la Compagnie Yonciere do Man. 45.50 fed or com a 5.50 5.75 Fidelity Trust .95 1.10 Fidelity Trust wts.20 .30 Fin ent a 9.00 12.00 Fin ent b13.60 found Ace. 1.20 1.30 get West life Asence 110.75 111.00 it. West sadly com 6.00 6.25 inter City g com 14.75 15.25 inter City g 2nd pad 15.25 16.00 inter City g was 4.75 4.80 inter prov s p 5.75 5.% inv Gap Llva 11.75 inv Gap a 10.% 11.75 inv convert pad 24.00 24.75 j Labatt Ltd 30.% 30.% j Labatt pad exd 30.50 30.75 Monarch life 22.00 Mont inv Ltd. 2.70 to nth 8, cent g 14.00 is mpg Ltd staff 4.00 Trad bldg Assn 43.00 tra Ltd 70c pad tra Ltd com. 4.35 to canal Ltd exd 30.50 Mclaren hotel main it Rupert Winnipeg monthly weekly rates family rates newly remodelled rooms free parking if Bank. Barber Beauty parlor Coffee shop free prize draw thin. Fri. For sat. In the Mitiu room fran the and Centra 2.17 2.25 .10 .60 .65 2.43 .15 2.38 to can p l pad exo 37.09 39.00 i to can p l a pad exd 59.00 60.00 i to can p l 9.00 9.25 i Ltd can Shri exd 35.00 39.00 ugg a 12.00 12.75 Wester Ltd pad. 17.75-------- Wester Ltd cd a 25. A i we steel Rosco Ltd 1.75 12.00 mpg s i f 8.50------- mines and oils Chenalloy Marls Consol Call f f 3lckstone car dynamic Petro forty four mrs Unnar eng Ltd 1.65 1.70 Jowsey r j eng .53 .58 new Marvel oils .60 .65 new Rice la Gold .22 Peterson red la .10 20 petrol lines .88 .90 Royal Agassiz mrs .50 .52 scope res .20 .25 Sherritt Gordon .23 space str Marls .07 .10 stall la mrs 1.35 Star Lake .03 .06 Teck corp 8.25 8.30 x indicates shares Mutual investment shares net quotations am Goth fund 6.09 6.69 can inv fund 4.36 4.69 Calth into corp 13.39 14.65 corp inv 6.00 6.55 grouped inc 3.93 4.36 inv Goth fund 11.15 12.18 inv int Mut 7.80 8.52 inv. Mutual 5.37 5.87 prov Mut fund 6.73 7.36 prov St fund 6.30 6.89 sales Star Lake at .05. New Marvel oils 100 at .55. Dicks one Copper at .62, 500 at .62. Fidelity Trust was. 500 at .20. Fidel. Trust com. 400 at .95. Finlayson a 50 at 9.00 other Market quotations int paper 393.4b mid Chib 67 Rbt Mitch a 13vja Molson b 18b Wolson pad 18b we l p Ogilvie que Cobalt. 100t Holland a Hawl Olgan 8b Icard Ltd unlisted Richardson securities Friday january 23, 1970 Aid asked industrials Abbey life Bio guardian growth 7% 7% Jolly jumper 4 4% spar aerospace Iso 200 oils and Man bal Abino 3 s adv. Red Lake 7 10 Alex red Lake 15 18 am alg. Rare Earth 11 14 11 14 Brac Mac 5 .7 Cambigue 4 7 Commerce nor kit t l Cral Bee a Letcher 4 6 Cresswell 35 45 Ganda Silver 22 25 husky Oil 19w 81 83 Gle Burke 4 5 Indian Mountain 130 150 Jamel and 85 90 Juma mining 6 7 Kardar Canadian 5 Lake expanse 13 15 Larum 3 a Lun Echo 35 37 Mcfinney red Lake 2 4 Mere mines 25 2 Munro 3 4 Nat l Malartic 230 240 new hos co 120 130 new surpass is Nicola 7 Orot no 35 45 Redstone 37 Rich group 37 Robin red 100 Savannah Creek 6 Snow Drift 30 Seemar 32 Silver key 14 Silver pack 8 Tara 1 Teck corp i.10 Uran Ridge 13 Victoria Algoma 1 West Wasa 14 yellow Rex 26 40 40 no 8. 40 34 16 12 110 8.20 15 10 16 30 i dividend notice a dividend of ten Loc cents per share on the outstanding com Mon shares of Simpsons limited has been declared payable March 13, 1970 to shareholders of record at the close of business on february 13, 1970. K. W. Kernaghan vice president and Secretary Toronto january Montreal Richardson securities Friday january 23, 1970 . Close Anzio can pad Van Asbestos corp 26% can Nat Leto 11% Bronco. 50 49 b a Bank 23a 23a cd Dom Sug 36a can a lat al 6% 6% can int pow cons Glass or Cork i Seal 170b 170b or Zeller a 22% dust Seagram. 52% Dom Bridge 13% 13% Dom text Donohue 10% 10% Dupont of cd 23b Fraser 27b Gen St mrs 13 13 Glen air Gap 44h Gui por lib Handy Andy 40b Hudson Bay c 21 a 21 it Jerico mrs 14 69 i Kelly Lake mrs 42 Amberley car 62 20 18b 7 a 105 8b 19b 63b 65b 4p.4 44% Teinberg a 13 Teinberg pad 65b velcro Walker 6 8. W 44vi Zellers Canadian Stock Exchange Belding Cort Chenalloy 210b 210b go West mris 23b 27 Viel Chers 12 a Partan air 17 16 Stock averages Richardson securities january 23, 1970 5ow-Jones new York 30 20 15 65 Inos. Arras u Les co s Prev cd 784.10 172.07 108.22 257.86 1 . 785.24 171.74 108.16 257.86 noon 782.01 171.43 107.87 256.71 . 781.09 171.06 107.59 256.27. Close 775.61 170.24 107.71 254.97 sales till . Fridays Range v open High Low 30 inst 786.76 789.40 774.35 20 rails. 172.01 172.99 169.44 5 utile 108.26 109.09 106.98 65 comps 257.98 259.18 254.13 Toronto 77 6 16 b 9 a kinds golds metals oils Prev cd 183.42 157.49 116.42 219.44 11 . 183.44 156.55 116.55 218.67 182.90 156.65 116.26 216.83 182.36 156.59 115.93 216.14 182.50 156.70 116.09 215.96 182.55 115.86 215.09 volume Montreal 45 3 7 15 Indi uts Banks comp Prev cd 102.36 136.14 181.76 180.98 noon 191.27 136.55 181.11 180.22 1 . 2 . Close close 190.23 135.66 181.16 179.31 Largo mrs London Pride Silver 26 Wornex eng 1125 magnum cons. 360 Nat Nickel 125 native mrs new cinch Uran North lode eng sex Northwest Ven Pac Asbestos peace River Pete 24 47 175 170 14v2 peso Silver Lloa Plains Pete 51 Polaris mrs 17 Pyramid eng 52 Rodstrom Yellowknife 20 rolling Hills car 44 Royal can Ven 230 san Don mrs 20 Silver Arrow sex 180 stall Lake 135a sunlit Oil 600 . Exp 100 to West res 53 to can oils. ,156 Trojan cons mrs 88 United Bata res 410 Utica mrs 235 Vly car mrs 1900 Van metals sex 16 Venus mrs 166 West coast res 33 West explore 46 Westland Man 99. 14 40 65 89 26 1100 345 120 24v, 45 170 165 320 14 95 50 17 50 21 43 230 20 180 140 600 104 56a 160 or 415 230 1875 16 166 30 46 Mutual accumulating Mutual Bond Mutual Bond income Mutual growth Mutual income Nat Rusco natural resources Xone William Street Oppenheimer fund pension Mutual performance plus Lanned resources principal growth Putnam growth event fund of fund a inv pret it Rev a inv am pret Taurus techno med investment fund United accumulative United horizon United american United venture Universal savings equity Western growth infield growth Xanadu Ork fund of Canada . Funds commodity prices Vancouver Richardson securities Friday january 23, 1970 industrials or cd . Al steel. 300 300 can brew 800 Captain into ind 340 340 Cunn drugs Gill inter prov 11 a 1125 get. Nat land 115 115 grow wine b 180 180 int brew 450 450 Lon arc smelt 455 450 Neonen Okanagan Heli 340 340 Okanagan Heli was 140 140 Pac West airlines 10% 10% Sun pub a 4125 Sun pub b.4125 West heritage was 135 135 oils in mines Adera eng 70 69 Alwin eng 155 151 Anuk r mrs 46 45 Arctic Gold 53 53 Arlington Silver 51a 49 Atlas explore 165 169 Benson mrs 45 46 Bornite Ridge 23 23 Brenda mrs 1675 Brennac mrs 77 77 Buttle la eng 355 355 Casino Silver 440 440 Cha away sex 43 45 Churchill car 790 790 car 625 625 Silver 126 127 cons sex 20 19 cons re spar 105 107 cons Skeena mrs 50 51 Van Tor 28va cont cinch 38 car 141 140. Coronet Man 64 63 Croydon mrs 40 40 Davis Keays eng 425 Dundee mrs 77 76 dynasty sex 1575 1575 Endako 1425 mrs is five Star Pett 19 22 futurity oils 43 41 Gen res 16 17 Hearne 85 85 High Mont eng 395 400 Homes Takt Silver u 14 inter prov Silver 54 s3 inter tech Dev 75 75 Richardson securities Friday january 23, 1970 cd Cato eggs High Low Jan 6325 6175 feb 5650 5430 mar. 5005 4775 new York Copper 6770 May 6695 6630 july .6535 6475 new York potatoes mar 353 346 apr. 374 366 May 438 428 new York Cocoa mar .3400 3325 May 3340 3274 july 3225 3274 sugar no. I mar 327 322 May. 328 322 july. 332 325 beef cattle apr .3055 3025 Jun 3117 3102 aug .3120 3100 last 6300 5460 4870 6770 6630 6475 351 373 .3325 3282 3289 325 325 331 3032 3107 3112 Mutual funds Toronto up Friday s closing prices on selected Mutual funds sup Alied by the companies directly or through brokerages. They Are prices at which the securities could have been sold bid or bought bid asked All can com 7.57 8.27 All can div 8.96 9.79 All can Ven 4.35 4.75 Andreae equity 3.85 4.21 associate investors 5.30 5.35 Beacon growth 6.51 7.11 Canada growth 6.66 7.32 can Channing Ven 6.70 7.34 can Gas Energy 13.60 14.90 can investment fund 4.33 4.75 can Scudder fund 20.68 20.68 can Sec growth 4.89 5.36 can . Gold fund 4.34 4.74 Cah fund 61.95 65.05 capital growth 8.77 9.00 Chase fund 10.84 1.89 collective Mutual 7.31 8.03 Commonwealth into 13.27 14.54 Commonwealth into lever 3.80 4.16 capital 7.93 8.69 corporate investors 5.94 6.49 corporate investors Stock f 6.29 6.87 dividend shares Dreyfus Ettarea investment Federated financial Federated growth efm Allty trend first participating Fraser growth gis compound gis income guardian growth Harvard i of venture Industrial growth International growth invest x key Stone Cust s-1 Keystone Cust s-4 x Keystone Cust k-2 Lexington research Magna Carta maritime equity Marlo Rouh 3.48 3.82 11.79 12.92 5.92 6.47 4.80 5.27 5.20 5.71 23.24 25.40 18.40 20.11 3.39 3.72 9.69 10.59 3.89 4.26 8.33 7.48 8.1 4.70 5.14 5.53 6.06 6.71 7.33 15.16 16.57 7.81 19.43 5.05 5.52 5.06 5.53 15.38 16.81 2.50 2.71 346 3.78 q9gb24 10.02 5.4.5 5.9 i Anaconda 8.23 8.65 i Aramco 4.41 4.61 Atlantic Rich 611 6.68 beef Fin 54.8 59.9 Beth steel 133.9 13. .99 Boise Cascade 7.96 87.0 Burroughs 14.86 14.86 Campbell soup 7.28 7.96 Caterpillar 7.81 8.54 celanese corp Chrysler cons Edison 62.6 6.88 5.40 59 9.42 103.0 5.49 5.66 7.09 7.80 11.02 12.1 5.55 6.10 7.15 7.79 6.45 6.98 4.98 5.47 3.69 4.04 2.75 3.02 4.76 5.23 7.13 7.79 5.86 6.44 5.37 5.87 4.11 4.49 5.53 6.01 29 26vi 26vj 70 62 i 39 56 1 . 6 Row 2 . Row 1 . 2 Row 2 . 2 Row 3 . 6 Row 3 7 Row 1 feed 2 feed Impi Impi 102vj 104% Tut Federal agriculture depart 101 101 99 101 101 95 61 ?4 35 38 30-h 27 Grain futures Friday january 23, 1970 open Winnipeg flax my. By. Of. 288 a. Rapeseed a. 35, my. 303 a my. 288, by. 280-279. Ats my. By 75. Barley by. 06 a. Rye my. By. Chicago wheat my. My. By. Corn my. 122 a my. By. 126 a be. Oats my. 63, my. By. Be. 65 a. Rye my. My. By. 114. Soybeans my. My. 259 a by. A. 259, be. 254. Winnipeg High Low close or cd my 297vi 294% 295 a y 293 a 291 a 292 291 a of k289 a 288 a 289 40 283 atom a 349% 335 334% my 315 303 a 309% 304 a aay 290 a -284% 288 288 a y 280% 275% 277 280b 74 a 74% 74% 74% y 75 75 of 76nom 76nom my Loti 107 a. Y of 109nom 109 my 116% 115% 116 a 115% y 112% 111% 112 a 111% of 112 ant beef futures my 3185a 3135b my 3200 3150 by 3200a 3150 potato futures my 330b 330 apr 350b 350 my 402b 402 Chicago my 145% 144% my 143 142% by 136vj 137 be 139 a 138% 138% my 122 a 121% my 124% 124va 124% by 126 a 125% 125% be 123% 123% 123% 123% my 63v4 62 a 62% my 64% 647. By 65% 65 a be 65 a 65 a 65% my 117% 116% 117 a 116 a my 116 114% 116 114% by 115vj 114 115 a 114 be 116% 115 atom my 254% 254w 254% 254% my 159% 258 a 259 2s9% by 262 261 261 a 262 a 259 258% 259 be 254 a 253 a 254v. Cont Copper 11% Crown Zellerbach 33% Curtis Publ .101% Dart Indus 47% Deere co. 43vi Douglas Macd. 23% Dow chem 70% Dupont Loi i Eastman Kodak 79 Elpaso fed Pacific 13% Ford motors 40 Gamble Skogmo 22% Gen elec Gen foods 82 a Gen motors Gillette 49v4 Goodrich tire 32% Goodyear tire t a p 26% Ulf Oil corp 27% ome stake 17 household Fin b m 358% it l Harv 28vi i Case 11% Ohns Manville 28% Kresge 57 inn eng Iio a aunt Ware Lewmon 32vi i a Philips 32% 3olaroid radio corp 32 steel Reynolds tobacco 44% Royal dutch .37 a Safeway 24% Schenley 22 ears Roebuck 66 hell Oil 40 Cony 42vi Perry Rand 37% Tankard Oil 61 t Regis paper. 34vj Onstrand 26 a Witt 31 Echo Ocolor 18% exas 2l a Union Carbide 36% Union Pacific 41 United aircraft 44% s rubber 17% u s steel 34 Westinghouse 57 a Woolworth 36% Xerox corp .107% u s ply Champ 25% new York j 102 48 70v4 100 78 17% 73 81 a 66 2631 273.4 17 41 356 28 563.4 53% 32 47% 31 105% 43v4 37v4 24% 21% 65vz 38 a 36% 60v4 34v4 29% 30% 19vs 27% 36 3914 33% 36v2 25 2 . 113% 3 .105% 4 . 83w ergot track 112u 1 .286% 2 .281% 3 .255v4 track 286% rapeseed in Stort Vancouver no. 1 can.349% Bond yield quotations Toronto Bond quotations at Jan. 23 close with approximate yield percentage supplied by Canadian Imperial Bank of com Merce. Bid ask yield Canada 7 Mayl 1970 99.60 99.80 7.90 cattle offerings at Public j markets were slightly higher. A kid demand prevailed through out the week on most classes and grades of butchers. The 112% i Price trend was steady to higher in All divisions. Prices on steers were 50 cents to As much As higher and heifers were mainly 50 cents to higher. The Market varied from higher to Down and bulls steady to higher. Feeder cattle were in limited Supply but Good demand at prices steady to higher. Veal and Butcher calves were generally steady to higher. Hogs made moderate advances at All markets and Good lambs los i 82% 280% 254 Vij 285% 334% 3vi Mayl 1970 5 july 1, 1970 7% july 1, 1970 8 oct. 1, 1970 april 1, 1971 5 june 1, 1971 8 oct. 1, 1971 april 1, 1972 sept. 1, 1972 5 oct. 1, 1973 6v4 dec. 1, 1973 8 oct. 1, 1974 7 june 15, 1774 dec. 1, 1974 5% oct. 1, 1975 5vz april 1, 1976 june 1, 1974-76 3% Jan. 15, 1975-78 8 july 1, 1978 3 a oct. 1, 1979 5v2 aug. 1, 1980 4% sept. 1, 1983 5 june 1, 1988 May 1, 1990 sept. 1, 1992 3% mar 15, 3 sept. 15 Perks in dec. 15, 1971 4 feb. 1, 1981 5 oct. 1, 1887 5% Jan. 1, 1985 Cash Grain Jan. 23, 1970 Lakehead wheat Board prices .w.a. And class 2 cd pre cd no. In Northern 181% 181% no. 2 Northern 178% 178% no. 3 Northern 168h 168% no. 4 Northern 15l% 5 wheat 148% 148% wheat 143% 143% feed wheat 138% 138% am. Durum 193% 193% 2 am. Durum 191% 3-am. Durum 180vj 4 am. Durum.168 168 wheat Board prices local sales terminal stocks subject to confirmation 3 dec. Is 1970 4 june 30, 1972 5% May 1, 1972 May 15, 1974 5 july dec. 1, 1976 3 oct. 15, 1977 5 Jan. 1, 1979 aug. 15, 6 nov. 15, 1979 aug. 15, 1985 i May 1, 1887 7 feb. 15, 1986-Sa Ontario 98.80 99.20 7.60 98.55 98.75 7.85 99.80 100.00 7.75 99.90 100.10 7.81 97.90 98.10 7.91 96.00 96.20 7.97 99.85 100.00 8.00 98.40 98.60 7.95 91.15 91.35 7.95 89.25 89.75 8.26 92.75 93.25 8.32 99.75 100.25 7.93 94.75 95.25 8.30 88.00 89.00 8.29 86.00 87.00 8.40 85.00 86.00 8.43 74.00 75.00 8.36 71.00 72.00 8.64 97.75 98.25 8.29 65.00 66.00 8.43 80.00 81.00 8.21 68.75 69.25 8.30 67.00 68.00 8.46 68.00 69.00 8.47 80.00 81.00 8.30 52.00 55.00 7.63 38.00 40.00 7.50 r 94.50 75.50 8.08 66.00 67.00 8.70 68.00 69.00 8.39 76.00 77.00 Ontario Hydro 95.75 96.50 7.20 88.75 89.75 8.65 92.75 93.75 8.75 82.75 83.75 8.85 82.50 83.50 8.86 76.75 77.75 8.87 67.00 69.00 8.55 75.00 76.50 8.84 77.00 78.50 8.88 0.00 81.50 8.s6 70.00 72.00 8.86 70.75 72.75 8.85 52.00 54.00 were mainly steady to slightly higher for the week. Choice steers Montreal 30.50 32.50 Toronto 32.50-33.50 Winnipeg 30.50-32 Saskatoon 30 31.30 Edmonton 30-50-31.25 Calgary 29.75-32. Good heifers Montreal 24.50 26 Toronto 28.50-29.50 Winnipeg 28-28.50 Saskatoon 26.25-27.25 Edmonton 26.50-27.50 Calgary 26.50-28. Good cows Montreal 21.25 23.75 Toronto 23-24 Winnipeg 23-24 Saskatoon 22.25-23.25 Edmonton 21-21.75 Calgary 22 24. Good feeder steers Toronto 29-34 Winnipeg 29-35 Saskatoon 29-35 Edmonton 30-36 Calgary 28-36.20. Good and Choice veal calves Montreal 41.50-48 Toronto 35 45 Winnipeg 40-45 Saskatoon 38-42.50 Edmonton 43.47. Good lambs Montreal 29.50 Toronto 34-35.50 Saskatoon 25.25-28.50 Edmonton 28-28.50 Calgary 28.60-29.40. 2 . Sex. 3 . 3 . 73% 70v4 69 66 70v4 69 66 63 35 58 Allied Amer Richardson securities Friday january 23, 1970 . Chem 26 a 25% motors 9% 9 a 2 t t 49 feed i Climax 36% 35% mixed feed i. 35 sex. 1 feed 1 feed 3 feed 63 mixed feed 35 mixed Grain 58 1 . 6 Row .114 a 114 a 2 . 6 Row .h4va 114 a 1 . 2 Row 11ta 11ta 2 . 2 Row in a 11 a 3 . 6 Row 112 a 112 a 3 . 2 Row 108v2 108 a feed Iota Iota 2 feed not 99 a 3 feed 9t a or Winnipeg Cash close 2 73% 73 a sex. 3 . 70% 71 3 . Sex. 1 feed 6ffa 70 feed 68% feed feed 4 oct. 15, 1970 5 mar 1, 1971 6 july 5, 1972 3 june 15, 1973 7vi mar 18, 1974 4 july 15, 1974 4% aug. 15, 1975 4 Jan. 15, 1976 5 nov. 15, 1976 oct. 1, 1976 Jan. 5, 1977 3 Voct. 15, 1979 5% july 1, 1979 5 a july 15, 1980 5 june 15, 1983 oct. 1, 1984 set Jan. 4, 1988 july a 1987 6 mar. Is 1990 sept. 20, 1989 7 aug. Is 1992 May 1, 4 oct. 1, 1994 dec. 1, 1994 96.50 97.25 8.60 95.75 96.25 170 93.25 94.25 8.70 82.50 83.50 8.70 94.50 96.00 8.66 81.00 82.25 8.87 81.00 82.00 8.91 76.50 78.00 8.80 79.25 80.75 8.82 96.25 97.75 8.70 85.00 87.00 8.65 64.50 66.00 875 78.50 80.50 8.82 75.50 77.50 8.83 68.25 70.25 8.83 68.75 70.75 8.84 70.25 72.25 8.86 75.00 77.00 8.86 71.25 73.25 8.87 76.00 78.00 8.88 80.00 82.00 8.86 86.50 88.25 8.94 92.00 93.00 8.96 94.25 95.00 9.01 cattle Freshwater fish marketing corporation Raymon d Brooker d. F. Corney president Freshwater fish marketing corporation announces the appointment of Raymond Brooker As sales manager. He will be located at head office in Winnipeg. Prior to this appointment or. Brooker served in executive sales and management capacities with an International fish packing company in Canada and the United states. The fresh water fish marketing corporation is the sole marketing agent for fish and fish products produced in Central Canada. Must accept Price hikes says banker Toronto up one of the world s leading Bankers said the industrialized nations will probably have to live with an Nual two to three per cent in creases in the foreseeable future. Or. Wilfried Guth general manager of Deutsche Bank of Frankfurt Germany s largest private Bank said in an inter View european politicians and economists Are coming to be Lieve that Price increases will never be reduced to in Germany the feeling is growing that a two per cent an Nual increase must be accepted As Normal. But any increase beyond that is not like Canada Germany is fighting inflation he said. Prices in Germany increased by 4.7 per cent last year but at tempts to have business government and Trade Union Lead ers agree on permissible Price and wage increases had failed. I would think it would be impossible for Canada to Stop inflation by voluntary Price and wage controls or. Guth said. The answer must be in a combination of monetary and finest in downtown office building. Choice office space so. It available. Zoned air conditioning fully draped tinted Glass Day Porter service. 209 notre ave. Portage notre Montreal Trust company 943-0451 discount store image for Banks Grosco distributing Ltd., year ended sept. 30 1969, 60 cents a share 1968, 46 cents. Sigma mines Ltd., year ended dec. 31 1969, 33 cents a share 1968, 36 cents. Fiscal restraints and a reason Able feeling of particularly among Trade unions to exploit possibilities for wage or. Guth told the Empire club that International High in Terest rates Are one result of worldwide efforts to control inflation. But not much would be gained by a concerted International Effort to lower them. It is Only when efforts of stabilization have produced clearly recognizable and adequate re sults in All the coun tries mainly the United states that it will make sense to talk about harmonization of Down Ward movements of interest in a speech which traced the main currents of International monetary transactions last year or. Guth a member of former prime minister Pear son s study team on International economic development called for Freer and More flexible International currency valuations. He said he believes that present meetings of the International monetary fund will result in a modest widening of the allowable margins of Exchange rates in the currencies of major nations. Germany expects to reopen its capital borrowing markets this Spring or. Guth said. But the level of 1969, when about he did not expect it to return to half of All International Bond is sues were financed with deut sch Marks. The chances for Canadian borrowers including the prov inces will be distinctly smaller than for Sale major automobile Dealership and service Centre Kamloops . Apply Box 1763 Winnipeg free press bar Taco industries Ltd., year ended sept. 30 19g9, si.39 a share nine months ended sept. 30 1968, 96 cents. Union Leader Dies Washington a Anthony j. De Andrade about 70, president of the printing press Man s International Union died tuesday after a heart attack. By Don Battle new York a in a scramble for new customers a growing number of United states Banks Are shedding their stodgy image and adopting the merchandising ways of discount stores. They Are offering new depositors everything from China to television sets in an Effort to bolster sagging deposits at a time when Money in t easy to come by. The premiums in effect Are designed to offset the difference Between what a Cus Tomer earns if he invests his Money in other Money markets and the amount of interest that a Bank can pay him under Law. One new York Bank this month in a full Page newspaper advertisement offered a free television set to any person who opened a account and who brought in four friends who opened accounts. The Money had to be deposited for a year s time. A spokesman said the crowd was so huge that the Bank had to close Early. Some Bank officials Are unhappy about the development. James Shea marketing director of the bowery savings Bank new York compared premiums to trading Stamps or Gas station games. They Are expensive unwieldy results Are unreliable and the new accounts tend to but the american Bankers association said after a study of the Premium system preponderant experience of the banking Industry indicates that customers premiums Are a profitable marketing the financial institutions Rush for new Money is becom ing swifter now because of the monetary restrictions by the Federal Reserve Board to slow inflation. With Cash in heavy de Mand the Man with a few Hun dred extra dollars can be choosy. Many Banks for the last six months have been watching n Drain of their deposits. Even under a new schedule of rates announced Jan. 20, commercial and Mutual savings Only pay 4.5 to 7.5 per cent interest depending on the Type of Bank and account. The 7.5 per cent applies Only to accounts of and their customers Are turning to More lucrative investments such As Federal or corporate Bond issues some of which Are paying 8 to 9 per cent interest. Even savings and loan associations which can now pay inter est ranging from 5 to 7.5 per cent depending on the Type of account Are losing depositors. Montreal Market Montreal up All Sec tors of the Montreal Stock mar Ket were off at the close after heavy trading Friday. Indus trials led losses As declines out numbered advances 162 to 79. The composite Index dropped 1.67 to 179.31. In Banks Montreal lost a to Royal is to 21v4 and Cana Dienno National a to among industrials. Great West life slipped 4ja to consolidated Bathurst Iofe to crush to bom Bardier 1 Point to Consumers Glass to velcro to 41v4 and Alcan Viz to while Falconbridge Rose to 181va. Canadian Pacific in utilities fell to among papers Mac Millan was off to 31. In senior mines and oils Pacific Pete slipped to 28, Cominto to Aquitaine to and Imperial to 21. On the Canadian Stock Exchange Furlong lost. A to 5v4 Whitfi sup crack gained 3 Points i to 17 and select financial 2 Points to 6 a. Guardian mines a Specula Tive was the Montreal Market s most Active Issue trading 150 shares As it added 11 i cents i to 35 cents. On Index industrials Slid 2.13 to 1fl0.23, papers to 117.82, i Banks .60 to 8l.1fi and utilities .48 to 135.66. I volume for both exchanges at the close was shares compared with at the same time thursday. Ottawa up cattle receipts at Canada s 10 Public stockyards from monday u thursday this week totalled approximately Bead a increase of from a week earlier and about above the corresponding week a Yea ago. Exports to the United states last week were sharply lower a 446 Slaughter cattle weighing More than 700 pounds reports careers Agassiz school division no. 13 maintenance supervisor required applications Are invited for the position of maintenance super visor of Agassiz school division no. 13. Duties to include the super vision of the operation and maintenance of All school buildings plants and equipment and be responsible therefor. Perform such other duties As May be assigned. The Man should have had training and experience in Public building maintenance in supervising staff be Able to maintain records for maintenance re pairs and inventory. An ability to communicate effectively both verbally and in writing is required. State qualifications experience references Date Avail Able and salary expected in written application to or. C. L. Cherrey Secretary treasurer Fastic school division no. 13. . Box 608. Bocai sejour Manitoba notice to unregistered shareholders Border chemical company limited a dividend of fifteen Centi per share has been declared payable february 16th, 1970 to share holders of record on january 15th, 1970. Shareholders Are requested to Register their Stock in their own names with the Crown Trust company 364 main Street Winnipeg Manitoba. Border chemical company limited t. Smerchanski Secretary Syndicate limited c. F. J. Harvey manager of investors Winnipeg Region one is pleased to announce that Jack Moffat has been appointed District manager. Or. Moffat is Well qualified to represent investors Syndicate and its affiliated companies and he welcomes inquiries from new As Well As established customers. Representatives of investors Syndicate limited offer a wide variety of personal investment plans which include the savings and investment certificates of investors Syndicate limited the individual and croup pension plans issued by investors croup Trust co., the shares of any of investors five popular Mutual funds investors Mutual of Canada Ltd., investors growth fund of Canada Ltd., investors International Mutual fund Ltd., provi Dent Mutual fund Ltd. And provident Stock fund Ltd. Killb6ry appointments or Kenneth s. Spicer president and general manager is pleased to announce the following appointments effective Jan. 1, 1970, in Killberg industries continued growth and diversification program. W. J. Killberg t. R. Fox we. F. Kimmer m. w. .1. Killberg studies and projects. John Killberg has been appointed to investigate and develop plans and programs for new products. He brings years of service in the firm s engineering and manufacturing departments to his new Post and holds his Industrial management and administration certificate. He also joins the Board of Dir t. It. Fox Tom Fox received his Bachelor if science mechanical engineering from the univer sity of Manitoba in 1961. Since graduation he has held several important design and project engineering positions joining kill Bery in 1060. We. F. Kimmer general manager manufacturing Bill Kimmer originally served Killberg As an Industrial consultant in developing the manufacturing division. He studied Industrial engineering and business administration at the University of Minnesota and has held a variety of responsible manufacturing positions. M. L. Lipsit general manager marketing in Sun Lipsit graduated with a Bachelor of science agriculture from the University of Manitoba and joined the sales staff of a Large agricultural equipment manufacturer. He brings to Killberg a wealth of marketing and agriculture knowledge
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