Winnipeg Free Press

Winnipeg Free Press (Newspaper) - February 18, 1972, Winnipeg, Manitoba Winnipeg free press Friday february 18, 1972 Toronto . Stocks distribute by up Toronto Stock ii quotations in cents unless marked a Odd lot cd sex dividend Rex rights Wex warrants. Net change is from previous Board lot closing Sale. Industrials Stock sales net High Low . Chat a c Abitia Alt by 7 a Ackland acres Ltd acres a or acres it Agra ind Alfa Gas a Alta g d p atari Algo cent Algma Alliance b Almin 2p Anglo in Anglo car Ang it 265 Aquitaine Argus Argus b or Argus c or Asbestos ind Surg Auto Elk im1i Bank n s a can Nat p Baton b Beaver e 7850 3525 400 783 Sis 83 208 405 8% 50% 51 9 9 14% 15 v4 43% 43% 14 400 400 1000 600 Becker b p belong w Bell can Bell a or Bell b or Bell knit Black p Block Bros bomb Der Bovis Cor Bow Valy Bowes by can Bra Malea Bra scan Bright Bronco by am Bank by Forest by Packa by pack b by sugar by sugar p by phone a Mph 6 or a Mph 4% p a Mph 4.84 Budd Auto Budd a w Burns ads Jurrard Bushnell cad Dev cad Dev b p 100 cae ind Calgary p Cambridge Campeau cd sugar can Cem l can malt c packs can Perm Cal or c brew 4175 11 475 53% 16s150 150 150 4085 s20% 20 a 1800 s9va 9 9 30755 14% 100 455 455 455 z20 36% 36% 495 495 z65 15 15 125 1688 24% 24% i 800 14 14 45 s35 35 35 625 10% 541 s27v4 27 410 10% 10% 8700 7 7 1900 7% 8 13796 22 7036 36% 200 z25 s8w 8v2 250 h1800 6 395 390 390 11973 46% 615 52 52v2 i 490 53% 53% i 200 250 250 250 7 350 360 Stock salts High Low . Chat can in 300 j25 25 25 capt div 6600 3 71 Cara 400 s5vi 5% 5% Cassidy l 100 5 5 Cassidy p z50 8% 8% cd yachts 600 400 400 400 Cdr it 444 9% 9% celanese 1900 Svi is Cal fund a 200 7 is Chrysler 327 33vi 33vi i chum b 150 9% Cockfield 100 4vi 614 Codville a 200 5 5 Columba p 100 Lovs com Loco 5465 25vs c Holiday i 2500 14% i Compro 100 330 330 330 computer 1400 350 340 345 co tech 700 260 250 260 con Bath 400 8% 8% con Bath p 380 13% 13% con Bath w 1200 40 40 40 3 con bldg 6675 235 230 230 con disturb 8605 27 cons Gas 4642 19% con Glass 295 14% 14% Corby it Loo 25v4 i Ornaf ind 1700 200 195 195 5 Coront p 300 200 200 200 5 Costin 16300 Lovi 10% Grain r l 150 Crow nest 100 27w crush into 2350 20v2 cygnus a 2200 6 6 cygnus b 600 6% it Toronto Stock quotations Stock sales husky b or 25 husky d w 322 husky e w 400 615 610 inc 3735 21 inc 4 a p 25 49 inc w 1200 920 905 1100 100 High Low . Cd go 4214 a 580 580 580 615 a 210 28 13. A i 220 205 28 s13 13 13% 13% a 450 440 Sis a Xvi 5% 24% 19% 14v2 i 25 20 a 375 5440 360 725 s8 9500 2420 200 3120 4250 6947 125 1160 100 250 s25 z30 Sis 215 100 20% 20% 110 16% 16% 375 64vi 64% z29 84 84 zoo a Jet 67vi z20 9vi 440 435 440 14% 14% 8 a v Svi 10 10 21 21 it v 27 27 12% 12% 4 490 495 1030 200 100 z150 1920 z50 3475 5145 100 260 800 700 1418 s6% 379 175 1700 495 c brew by 25 c cables 500 c Cable w 100 c Curt 18200 Els. 30% 730 s51 51 150 s29vs 100 435 j19 z48 38125 s38v4 485 485 t15 105 18 19 5 5 51 v 18 19 5 38 a 485 115 5 can equity 4640 s14v4 a v c Glydle 60010 so 5 5% c Hydro 120 12% c Hyde or 100 1614 c Imp Bank 8750 29 a 29va c ind Gas 3540 i 330 15v2 15v2 c Manoir 340 435 435 435 c Marconi 1405 335 330 330 up inv or 725 s26v4 a up inv w 6340 350 335 340 up lid 9197 14% a Cpl a p 200 can Salt 100 s16 16 16 can tire zoo 45 45 can tire a 3392 39vi c Uil Tiss 760 45% 46 c util w 1270 12% 13 Dale a Dawn Delta Ben Distl sea dome Pete d bridged Citrus Donasco Dom Glass Dom Lime Dom store Dom tar d m Douglas l dr6 Ltd Dupont dust Bane Dalex div Dalex d a est can r Al Fine a Fin w electro Ltd Emco Erie d Falcon fed or Fields s Fleet mfg f seasons r season w Fraser Freiman Fruehauf Gaz Metr Gaz m 66w Gen disturb Gumc instar 10205 instar Law 320 560 Glendale Glen air Glen a w Goodyer g Mckay a g Mckay b graft g go paper in capital it w life it West s Grey and c Grey and Gow cd 8 guar test Gulf can Halifax d Halifax d h group 1650 Ham to z25 hard Carp 1020 hard cup a 7300 harlequin 200 s6vt Harris j s 300 320 Aveys f 3600 115 s Hays Dan Edway c ome a ome b Orne pit h Bay co he Oil Gas Huron Eri 400 11800 100 335 335 335 1565 1845 1 25 26vi 700 9% 9% 4335 200 300 9690 15% 15% 4930 a 23va 455 450 455 265 265 265 14% 14% s26v4 25% 25% 100 12% 12% 1 400 4015 55 54 1600 9va 1825 3 5 370 375 5 3450 1 400 7 7 200 1140 12150 9150 14% 2000 120 110 115 1900 v 1100 i 11 584 v 100 6 6 v z50 22 22 1300 6vi y 200 240 240 240 400 22v5 z75 77vi 15 i 560 560 7 180 75 220 7 180 5 220 2 7vi 400 100 180 1050 75 18 4160 1300 24% 750 24v4 24% 400 18 18 2500 to 255 55 55. 500 7% 100 225 225 225 5 3710 18 18 200 11 11 720 14% i 2495 26v4 1100 200 195 r 7800 5 4 11% i 11% 11% 18 18 17% 17% i 6 6vi i 320 320 110 110 975 260 255 260 6072 15% 16% 2100 410 410 410 3735 34% j z4 33v4 1000 300 300 300 6800 19% 19% 575 43vi 5266 29% 30 i husky Oil 5985 husky a or 25 43 43 miss co Imp Gen Imp life Imp of indal can Indus min ind ashes Inglis Inland Gas inter c b p inter c b w ism i Nickel int Tull int div inter pipe int pipe w inter steel inter St or inv Gap a inv Gap 5 p Irwin toy Island Tel it ind Iva co ind inc ind Kaiser re Kaps Tran keep rite p renting Koffler Koffler a p Koffler w Labatt Labatt or Laidlaw a p Lont Cem Laura Sec Lau Fin Leigh inst leons frn Levy Levy a or life invest life inv w lob co a lob co b lob g a or lob g 2pr Loeb m 915 21 514 16 180 180 9800 i 30% 1300 13 z24 9% 9% 600 16v4 700 2775 15% 100 200 410 410 410 5 80 368 369 2 11541 32 v4 1239 s49 49 1000 375 375 375 2550 32v2 32 a 500 4798 9% 250 2 28 5500 10% 150 24% i 300 300 11% a 600 370 370 370 5 500 15% a 1000 260 260 260 1005 395 390 390 5 1800 200 12% 200 3550 Sis a 18 18 300 1200 850 850 850 525 23va 500 100 3400 390 385 385 z3 10% 10% 12v4 7% 7% i stick salts Oshawa w 1600 Pac cancan i Peel elder Pembtin b pc Jewl pc jul a p dept s Petrof Lna Phillips cd Pitts eng pow up pow c 5 or pre Cable Prem Iron Price com prov b can q a recast High Low . Chat 180 175 1155 30% 31 a 500 230 230 230 5 400 18 100 7v4 200 Sun 14vi 14vi 1800 a 1150 17 17 201 24 24 900 11 900 16 15630 7% Al 10 2405. 300.250 250 250 1185 7% 200 16% 17 1950 9 9 a 161-4 10 i rank 0 a 13025 25 rapid or a 500 9vi 9v4 readers d 220 13% 13% realty c 100 475 475 475 realty c w 700 245 240 240 Reed s 21300 9% 9% 3940 1714 2300 zoo zoo 760 300 300 15 15 7% 7% 8% 8% 155 155 155 5 200 6v4 400 30 65 1000 375 370 370 Mclarn b Mclan h a my Cable my Ltd Mchar maritime Marlboro mar Bro w mass Fer Mclaghlin Mclain w me pc me pc w met Trust micros St i Crays w Milt Brick Mew Wor a Olson b Moore Morse a its inter Murphy Urphy or Nurrit p w dig nachos i Nat Groc p n during h Nat sea Nat Trust Neonen no Tel n provid d fld up Noranda nor Cal g nor Cal b p nor Cal w Psi Mark newest d Okanagan Ontario to Orlando r of ind Oshawa s 100 17% 17% 2350 709 13% 9215 25 25% 68 24% 25 3900 7v4 725 175 175 175 -5 5368 13% 1150 16v4 16% 150 900 900 900 225 ,8% 8% 6300 350 340 340 z16 19v4 624 6% v 500 245 245 245 5 500 470 470 470 5 Els 13% 13% 5458 21% 400 22% 22% 6700 43% a 250 12v4 6850 260 -250 3000 14% 575 35% 36 1 550 23 22 23 1 200 200 310 24% 24% 600 275 270 275 250 8% 8% 25 33v2 3250 5% 150 1000 56 55 300 12% j753 37 5600 13% 725 275 635 Reich it Zeltman Reitman a Riley d Riv yarn Riv yarn a r Little r Little a Rothman Rothmen w Roth a p Roth 2p Royal Bank Royal test Russel a Russ h p St Maurice Sandwell skin tree Scot York Scot paper scoffs Seaway m Seaway or Seco Cem secur Cap Selkirk a Shaw pipe Shell inv w Shell a Shully s silvered a Simpsons Simpson s Sklar m Skyline h Slater St z25 390 390 390 214 23 23 175 21v2 255 255 275 275 300 300 65 65 65 18% 5 1 800 260 200 300 100 300 100 75 1250 3100 595 575 575 200 88 88 2280 22v2 7211 32% 55 40% 700 12% 12% 375 25% a 2900 110 105 110 200 440 440 440 300 345 340 34j 635 12 12 170 22% 22% 300 516% 16% 16% zoo s8% 8% 110 6v4 400 s10% Lovi 310 400 400 400 2800 19% 20 to 1350 10% Stock Van Ness versa cd Ven Power versatile versa i a Vic g to vol Centre Ajax Wai Noco 0 walk go Weld Wod a Seburne Bur a p coast it w pet a p West St coast w we steel w a recast w can seed w realty Westness Weston Watn 6pr White Pas White p a White p w Wiley Oil Winco s Winn of wooded a or prop Zellers Zenith 74 155 salts 2800 405 2000 z5 700 430 300 2000 700 100 5745 685 400 High Low . Chat i Stock 71 8 155 71 8 155 1 5 425 430 23 -23 11v4 17vi i 6 6 a 46va 12v4 46 12vi 125 s37v4 37v4 3 i 600 10v2 350 7786 30% a 7360 1725 22 22 100 500 5% vib 100 9% 1000 s20 20 20 a 44220 17% 18 zl5 83 83 775 10% 100 22 22 100 90 90 90 5 2575 s9% 9ia 100 6va z25 8% -8% 2095 28v2 6600 10% 125 16% 16% 900 280 280 280 5 sales to 11 . Headway Hollinger huds Bay int Hallie int Migul i bask Iron Bay t Iso Joliet Worex Ltd Soutel Kerr add k Anacon la Luz Langis liberian la Lac lost River Lou Vicrot Lytton m Madeline Madsen Martin Matt Ami me Adam Mentor nub mime Newconb n que Ragl Nick rim nor Acme Norlex e n Canada North Gat n Rock 365 137 silts 2100 250 761 zoo 1236 88810 200 900 7000 28 200 159 1500 53 2256 850 1000 25 200 365 4000 8 z89 522 200 3700 3000 High Low . In it 777 39 39 21 a 28 28 23 60 11 45 365 136 n 27 159 52 845 25 365 8 975 200 425 420 12 800 180 175 300 305 305 1000 66 66 1000 9 9 11 58 365 137 27 159 53 845 25 365 8 10 200 420 12 175 305 66 9 5 4 5 6 5 3 Stock salts High Low . Chat or Plains Houston 0 Houston w inter tech Lochiel 8025 29 3900 249 245 73 71 155 100 29% Merland e Nat Pete n Davies no oils Numic pet pall ser pan Ocean pan can p petrol Pinnacle p place g pesto Ranger Scurry in Siebens Spooner o total pet to can res u Canso u Canso w Ulster pet voyager p w dec world we 2500 500 3400 m 1000 65 2000 55 1900 215 500 7 400 630 70 71 152 29 246 70 71 152 _3 9 4 2 65 55 215 7 620 65 55 215 7 620 5 3750 3671 250 240 240 5 1000 80 80 80 2388 12% 1330 15% 1100 130 130 130 3500 53 52 1000 111 111 111 1000 212 210 210 4950 18% 18% 1450 16% 16 4300 900 885 885 7440 109 105 105 3800 330 325 325 5 1000 650 650 650 100 118 118 118 4000 455 450 450 7700 54 53 3100 151 151 151 1 200 470 470 470 14525 635 615 630 300 240 240 240 6 Grain Market 3000 48 2700 120 550 200 150 1000 325 530 625 48 115 320 525 625 9v2 48 115 320 530 625 1 8 9va 500 16 16 16 see list below. 1000 55 55 55 2900 1 1 2500 560 200 550 196 mines 300 15% Argosy Stock Acme hied eng am Larder 1500 Ang Ruyn 2500 Angud 160550 1224 35% 100 250 16 16 i 902 24% 24% 300 32% 32% 3500 4101 400 400 2610 12% 13 it 600 11% Slat w can 5175 slate walk 300 8% 8% Southam 1600 21% 22% 1 St Brodist 400 15% St can 28087 30% 31 Steetler i 200 10% 10% Stern by a 1360 24% 25 v Stel tron 100 475 475 .475 Ster Trust z25 9% 9% Stert str 33 1 1475 340 500 648 200 z5i 56 1 12% 3 13% 28% 29 630 630 1430 33 32 t z Tamblyn z50 20% 20% Texaco 275 43% Texas go s 3650 18% the a Gina 500 13% 13% Thorn nes Iso 33% Thorn n or 50 50% 50% Tore Mont 2250 210 is 205 Tord wbk 2982 Tor Star b 100 46% 46% h traders a 1870 we 18 traders 5 p Els 25v2 25% trader b p 100 27% trader 65 w 400 375 375 375 s trader 66 w 1000 670 660 trader 69 w 200 705 705 705 5 Tran Sale 3900 330 325 325 trn Sair w 800 130 125 125 9% 8 8% 6% 9% 8 8% 6vi 2807 13% it to c i 12949 40v5 40% i to can a or 1898 4% 75 to can p w z35 13% 13% trans lob 600 170 165 165 trans it 1295 24w 24v2 Tolmac 1020 Triec cup 1510 s20v4 Triec w 18250 66 up inc 100 unas inv 262 Unac in z20 in car bid 125 in Gas 5960 u sections 400 Van Der 600 8% 20v4 63 19 19vi 42% 16v4 14 i 42% 14 7% 7 at c cop ban Keno Bary exp a due Betlem big Nama Rameda Brenda m Broil reef Brunsk Camlo Camp re c Tung c Merrill can Nisto can Dort capt Casslar cent Pat Comly Chimo Coch will cold St Columb m con Iagas c Marben c Morin con Negus c rambler contest cop corp Craiget net sales High Low . Cage a c 16125 31 1192 395 380 395 65 65 34v2 36 141 152 43 43 49 49 635 635 99 108 5 5 18% 18% 7% 95 95 95 475 24 310 325 65 36 154 44 49 1000 500 500 640 3500 109 20788 760 z250 1019 5100 480 1000 24 29600 320 1200 335 5v2 480 24 315 325 1 12 1 1 5 1 -5 100 27v4 it d Eldona Delhi Pac Denison Jim Covey 3ome 3 explore 3ynasty East suit Alcon c arrest Ort relic rolex it Mast Goldray Gold rim Androy Granduc rent put 3800 155 800 760 5000 7 z164 3 10000 5 450 100 181 17700 24s 7500 11% 11 1600 120 120 500 37 2011 282 1000 30 2000 25 8200 153 3900 189 1000 7 620 165 700 800 500 17 200 875 d 6000 49 1000 150 745 7 3 5 20 181 243 37 282 30 155 760 7 3 5 20 181 244 11 120 37 282 30 9 -4 2 5 146 185 7 162 780 17 875 i 48 152 185 7 165 790 17 875 6 -2 -10 1 Obrien orphan Kosisko p Asbestos amour pan Centre pick Crow Pine Point Placer Prado exp Preston pure Silv radio re Ray Rock Rio Algol Ryan or Sherr Silva a Starck Steep r Sud cont Sullivan Sunburst e Tara Teck Cor a Teck Cor b Tex Mont Tex Ore Tex sol Thorn l tribal trin Chub u Elscoe Upp can West mine Willroy Windfall win eld or Harg Yak Bear o z 3000 19 200 410 1500 26 900 154 Soo 234 550 295 2260 20 3063 525 1800 180 1100 800 3000 240 550 25 2000 131 1855 8000 12063 2000 22 1070 48 450 230 500 27 800 300 19 410 26 153 231 295 18 550 200 19 410 26 154 231 295 18 primary distribution the shares of the following companies May be considered As being in primary distribution through the facilities of the Exchange pursuant to a statement of material fact. E Orev loudly issued shares. Angud 160950 154 141 152 Norlex e 2000 26 25 5 2 29% 29% z50 1930 1260 500 666 450 5500 51 1500 13 2000 52 500 24 500 70 3000 11 3200 147 2400 205 2700 295 1000 zoo 2000 1625 28 175 800 238 25 131 15% 14v2 14 22 48 230 27 300 7v3 15% 28 175 800 238 25 131 15% 14v8 22 48 230 27 300 1 6 1 Toronto Market 300 99 7 9 120 435 500 450 50 13 52 24 70 11 144 200 98 7 7v2 15% is 500 450 50 13 52 24 70 11 145 205 295 99 7 120 120 435 435 __2 _ 2 2 5 2 oils 1030 28% 500 75 140 3900 135 6750 745 475 295 75 64 132 735 290 4500 z5 7100 1050 2900 1000 z50 2000 1000 1617 125 z560 21 3 42 33 480 50 8 10 460 3 40 33 475 50 8 10 455 825 75 64 132 745 295 ii 3 41 33 475 50 8 10 455 825 1 i a 2 1 1 5 5 Alt East g Alminer am Leduc a quasar p Ashland c blog Brazlor of Calvert c Gether c nor West is Pete c Bonanza c sex Gas c Home std Cli Pete c Reserve chieftain p Clark can Decca r Francina a l 600 610 605 415 580 580 2000 8 600 650 100 us 570 245 13 104 298 570 134 360 825 60 1800 400 500 8024 2000 3100 1100 1400 3300 500 100 2000 6325 2950 100 535 925 485 263 515 8 645 14 565 245 13 100 291 555 132 355 810 60 535 920 460 255 515 610 580 b 645 14 570 245 13 104 291 565 132 355 810 60 535 920 460 260 515 5 1 4 4 2 5 c 5 5 Toronto up prices on the Toronto Stock Market shifted lower As most sectors re corded losses in Active mid morning trading Friday. The Industrial Index dropped 11 to 199.01 golds 1.48 to 174.66 and Western oils .38 to 213.18. Base metals registered the Only Advance climbing .22 to 86.87. Volume by 11 . Was shares up from the traded at the same time thursday. Advances held a slim margin Over declines 131 to 105, with 199 issues unchanged. Trust and loan Oil refining beverages and Industrial min ing stocks posted moderate losses. Steel paper and Forest and communications issued moved moderately higher. Noranda was Down is. To Molson a i. To crush International a to Cominto to and Texas Gulf Sulphur to among advances indal Canada Rose to Canadian utilities to Sherritt i to and Western mines 15 cents to trading was Light at the open Friday on the Winnipeg Grain Exchange and prices moved fractionally on a Norrow mar Gin. At the open flax was i to one lower May 2.69 Vancouver rapeseed one lower to higher March 2.54 Thunder Bay rapeseed unchanged july Oats unchanged july Barley unchanged july 1.09vs and Rye unchanged july at mid session prices moved fractionally on a Light volume of Trade at mid session today on the Winnipeg Grain Exchange. Thursday s volume of Trade included bushels of flax of Rye and of rapeseed. Mid session prices flax May i. Lower july lower oct. A lower nov. I lower 2.68a. Rapeseed Vancouver March ivs lower june i lower sept. Lower 2.50v4b nov. Unch. 2.45b. , Thunder Bay May 1 higher july is lower oct. Unch 2.387s nov. Not open. Oats May unch july unch oct. Unch 70. Barley May unch 1.09via july unch oct. Not open. Rye May lower ssh so july is. Lower oct. Viz lower cattle by the Canadian press Bovis corp. Ltd., year ended dec. 31 1971, profit 1970, loss. Canadian Homestead oils Ltd., six months ended nov. 30 1971, 2.9 cents a share 1970, four cents. Indal Canada Ltd., year ended dec. 31 1971, a share 1970, 37 cents a total of 90 cattle and hogs were offered for Sale Fri Day morning at the Union Stock Yards St. Boniface. There were insufficient sales of any class of cattle or calves to establish quotations on this morning s Market. The hog Market was Strong to 80 cents higher. The base Price for hogs ranged from to the 11 . Price was thursday s average Grain inspection cars Insp. Feb. This or. Last or. Wheat .888 1119 Oats 16 30 Barley .378 475 Rye 15 16 flax 77 100 rapeseed .178 239 others 23 8 grand total .1575 1987 contract wheat 793 cars Jones Market comment for i some analysts look for a mild Stock Market decline Friday partly in View of the 3-Day weekend ahead. They say some investors will be lightening their portfolios. They also expect activity to diminish Friday As the Market follows its recent pattern of reduced activity in declining markets. Volume thursday was shares. While the Market closed narrowly lower it was moderately higher in the first half and most of the second half of the session. Brokers say profit taking eroded the Early gains. The Dow Jones Industrial average closed at 922.03, off 0.91. It was ahead about 4 Points at its High for the Day. It had gained about a Vij Points in the pre Vious session. Bache and co. Finds a pattern in recent trading which it expects to continue to dominate Market activity on the near term. It sees a framework of internal correction that precludes any extended move in either direction. Rather it is a mat Ter of a few sessions on the upside followed by a few corrective within this ebb and flow the Dow Jones Industrial average has been Able to score new highs on each of the upward Waves. Still after approximately three months of upside activity it becomes difficult to set an upside drive to sustain it self. Brokers continue to find renewed interest in stocks among the general Public and foreign investors. They say these two sources pro vide a Pool of liquidity that will help the Market continue to gain on the Long term. Institutions also continue Active As indicated by a Large number of big Block trades. The Public s interest is apparent i n lower priced issues brokers say. This in Terest appears not Only on the big Board but also on the american Stock Exchange and the Over the counter Market. Wise there is a Specula Tive True to he pc fic s activity brokers add to fact at present it in t a Market Prowers. A Serge a Peb fic spent Fatima signals free a to say the is Tal base. Toerck out test that the Market has come too far without a significant downward correction. They say the Market is Likely to Drift and possibly enter a prolonged decline that will wipe out up to half of the gains in the rally that began late last november. Govt. To introduce new business Law Northern Gas projects could boost exports Ottawa up within a year or two the natural Gas Industry May be launched on the greatest Canadian construction project since the first transcontinental railway. Industry spokesmen say they Are poised to begin work on a Gas pipeline system that May eventually link Western Canada with Alaska the Mac Kenzie River Delta and far Northern Arctic islands. Hundreds of millions of Dol Lars have already been spent on exploration and tests. The initial Cost of the pipelines might be As Hegji As billion. If the Northern Gas projects Are realized Canada s exports of natural Gas to the . Could be increased Many times Over. Without the North Ern Gas there would be Little if any increase in exports. To Date the National Energy Board has approved Export of 17.2 trillion cubic feet of Gas. Last it rejected an Export application for 2.7 tril lion cubic feet Over 20 years. That Sale would have been Worth is billion. The Board declared then that Canadian Gas reserves to talled 50.3 trillion cubic feet while Domestic requirements and previously authorized exports for the next 25 years were 51.4 trifle of cubic feet leaving a deficiency of tril lion. Natural Gas has been found in the Mackenzie Delta and Arctic islands Bat the Board refuses to include that in its calculations until the Quanti ties Are defined and the Gas is so can to be within economic reach. Gas spokesmen contend that time is almost at band seeded by discovery of Gas and Oil on Alaska s North slope. Gas Arctic systems study group a of too Casassa and Foar ils. Oots pages. Has puts for a ppe Fitje Felting foot spies so Al Berta. S. Robert sve afe Erta Gas i trunk line co. Ltd., a Gas Arctic member says such a pipeline would Cost Bil lion plus million for expansion of Alberta facilities. I believe that major new Gas arteries in the Arctic will be in Large scale operation by the latter half of the he told the National Energy Board last year. At a Board hearing in Janu Ary this year another Gas Arctic member estimated the total Cost of the pipeline including Alaska facilities at billion. By Orlofsky vice president of the Columbia Gas system inc. And president of Colum Bia Gas development of can Ada Ltd., said initial deliveries of Alaska Gas could be made in 2977, perhaps even 1976. The starting Date for the project depends on an Oil pipeline across Alaska he said. Since Oil and Gas Are in solution on Alaska s Prudhoe Bay the Gas cannot be extracted until the Oil is being produced. Plans to pipe the Oil to alas a s Southern coast and ship it to the Continental . Have been delayed by objections from environmentalists. Gas is More difficult and expensive to ship making pipe line through Canada Neces sary. Gas from the Mackenzie Delta would be carried in the same pipeline but Gas Arctic is Uncertain about How the Arctic islands Gas could be brought to the . Market the major discoveries in the Arctic islands have been made by pan Arctic 03s Ltd., on Ellef Rognes Island and King Christian Island. This Gas Coom be brought joining planned use Bear webs . A Nyre plot life Raste b Sosa to or. Or Majd the sess Bera is Lii Bustes in the face of such astronomical costs Gas spokesmen say a Supply of about 25 tril lion cubic feet is necessary to justify a pipeline to the Arctic islands. How much Gas is in can Ada s North the companies with the most promising finds Are keeping silent investigating other areas and buying More land. Or. Orlofsky told the Board that . And Canadian Esti mates allocate 65 trillion to the Mackenzie Delta and 261 trillion to the Canadian arc tic. He said he believed Impe rial Oil Ltd. Has established 15-trillion cubic feet at Rich Ards Island in the Delta add ing that this would be enough by itself to justify a pipeline to the Delta. The Canadian Petroleum association estimates there Are 260.7-triflion cubic feet in the Arctic with 50-trinion cubic feet available for Export in the next 20 years. Pan Arctic a consortium of the Federal government and private companies has committed million to exploration but has made no Esti mates of Arctic Gas supplies. Vice president r. G. S. Curry says however Arctic Gas will be on its Way to markets within five years. Pan Arctic holds rights to 55-Mfl Liou Arctic acres and has made four natural Gas discoveries. Drilling Money spent on the North by an companies involved has grown from Malboa in 1965 to Miffin in 1969, sol Miffy of in 1970 and Meson last year. If Aad when the Gas is found to justify a pipeline tie Adas try win face another set of problems possible challenges from Environ a by James Nelson Ottawa up new Laws and policies affecting business will be introduced in the new parliamentary session the government said in the speech from the throne thursday. A sound Economy is absolutely essential for the Well being of Canada the speech said and co operation with the business and Industrial communications will be extended even further to ensure a favourable business Cli coming Are new policies on Industrial science and techno logy and an Industrial strategy prepared for the Peculiar character of the Canadian econ also in the immediate offing is the policy on foreign ownership described in the throne speech As control of our economic environment publication of the foreign policy paper is expected soon based on the studies conducted by Revenue minister Herb Gray. But it is not certain whether legislation will be introduced this session. One reason is that an election hangs Over parliament and the Date selected by prime minister Trudeau will be decisive for the parliamentary timetable. Some of the new policies May be spelled out in speeches by prime minister trend eat and at least six of his ministers during the eight Day throne speech de Bate in the commons. Legisla Tion May also be introduced to give the new policies bite. Three policy proposals have been designed with a blend of realism and imagination As Canada itself was designed More than a Century the throne speech said. Theatre intended to permit this country to attain a degree of leadership and Independence in selected Fields of Endeavor while reducing Over All Canad an vulnerability to events both expected and unexpected beyond oar the com petition Bill in least cautioned to prevent pol Lution. The fair employment practices act will be strengthened and the Canada labor code amended. Amendments to the later were proposed last ses Sion and businessmen objected to the planned inclusion of technological change As a bargain ing matter. The construction Industry will be involved in new government policies to promote neigh boyhood improvement and the provision of More Low Cost hous ing for the needy. Improved credit facilities were forecast for foreign buyers of Canadian goods thereby strengthening exports. The speech also stressed the continuing importance of the United states Canada s biggest customer and supplier and Europe especially with Britain on the verge of entering the european common Market that raises new questions of Market stability for Canadian exports. The speech touched fleetingly on the International monetary unrest spotlighted by drastic . Steps last August to Cor rect a severe Dollar Drain. It said International economic uncertainty has made us increasingly aware of our dependence on a Strong economic base in Plant to change hands Pursuit of our economic it said in guarded reference to the . Economic strictures after Brief mention of the 1970 Quebec crisis that we Learned from another Type of Challenge this time of an economic nature and coming this time from without rather than within that Canada and canadians possessed the stamina and the resilience to overcome this form of adversity As Montreal up Seaforth plastics Ltd., a subsidiary of Crown Zellerbach Canada Ltd., will Purchase Canadian Indus tries Ltd. Facilities in Western Canada for production of Plas tics packaging products it was announced Here. The Purchase will consist o cil s flexible plastics packaging Plant in Winnipeg and the equipment and inventories o cil s Plant in new West Minster . The Winnipeg Plant will continue its present operations under Seaforth plastics owner ship while the Plant in new Westminster will be Consoli dated into the expanding operations of Seaforth plastics in Burnaby . Cil said it will close its new Westminster Plant on or about March 31. Seaforth plastics is expected to take Over operations of the Winnipeg Plant about March 21. The announcement said the Sale is the result of cil s Deci Sion to limit its product Range in the plastics Field. Cil will continue to manufacture medium and Low density polyethylene resin at Edmonton where it will also operate Canada s largest capacity polyethylene film extrusion h be producing a full Range of plastic film for agricultural and Tion applications. Noon Dollar Montreal up . Dollar in terms of Canadian funds Down 1-32 at Pound Sterling up at new York Dollar Down 1-32 at 99 41-64 in terms of . Funds. Pound Sterling up 21-64 at 49-64. United Westbourne industries Ltd., per cent pad. A cents april 1, record March 15. Shell Canada appointment Yiyi bids by the press i4l, 25 cents March 31, record March 3, Betm Beav Copper lm., mtr Edwed with changes. Eos j 1 5 cents March 20, record Ness was highly critical of the i March first version of the Boffl Wimch Chrysler gwp., 15 cents extends anti combines Law to cover the service industries and strengthens the Law against live Bof futures thursday open High Low wed. 35.00 3s.ooa May 3j.mm 34jxx qty. 35j6d wednesday s volume no contracts. Barry Sleigh the appointment of Barry Sleigh As Region manager of Shell Canada s Western marketing Region with Headquarters in construe-1 Vancouver is announced by c. F. Williams vice president. Marketing. Formerly coordinator wholesale sales head office. Marketing department or. Sleigh succeeds George a. Sevan who has been appointed general manager corporate planning a newly created organization in the company s Bead office in Toronto. Or. Sleigh joined Shell Canada in 1944 following his graduation from the University of British Colombia. Claims and Raf air delayed far Twa years Cocasse of 3wt 3 totem Toa at Fate right is. Afflec Frei i private hoses be to is Mcaa credit i Export safes. More Roaey is to be j tace Rei circe and Energy be dairies fee to meet a Esse Aad at ;