Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 27, 1973, Winnipeg, Manitoba Winnipeg free press Friday july 27, 1973 Toronto . Stocks distr bated by up Tosmio Slock Exchange july 27 a mutations in cents unless marked Odd lot cd sex dividend urls Wex warrants. Net change is i pm urn Provvi yes Board lot closing Sale. Stock High Low . Age pro 25 25 c hoi Nesad 1600 795 70s 7b5 c in d 19709 30a.i 30 a i a and Gas 2300 so o b a 8 s i 260 Al thu mis i i p 10w v u i Slock 2p a acres Ltd a i 12-15 net i Cli Pete Tuuu m sales High Low . Cage pc Manoir 2w 335 a g up i rive or 3750 t up let pm a p 20 20 335 m i i in Miri 220 220 1100 950 950 300 395 390 act no a 75d 585 5uo 10 2700 113 112 2u-157 11v 1116 t g 2350 820 k a 1820 s131 13 16020 1? i it 5715 5 200 Alba 5ci 113 s18 225 can sup o 200 Cun tire 1bo tin lire a Sis a c ulily 51.25 1.175 Condei Oil 200 to Enron .125 Conron or Tupil div i5uu .10 Cdr 200 e to yachts 1200 465 colanese 33uo is cent Pat 550 us 335 4 7v 2.10 Toronto Stock quotations 4 s Ock Fanica r b Fraser i Frobey Fruehaus steel i Gaz Artel i Gaz 5.40 p Gaz 5 i p Gen Disiro i Csc Renslar 1_ instar l sales High Low . Cage 17500 10 5 712 600 my n 21 1 j 26 26 52uo 100 1300 56v 20 .150 v5 565 50 567 z60 si3 s68 1425 700 400 0nc William Street Vornen Wieimer Pac Itic dividend Pacific . 7 71 3.52 7.79 8.96 7.29 11.02 12.1 7.5-1 8.2-1 4.16 a.75 2-1 00 26.30 Zinc Copper Lead Ami Silver Ore a Day. The report from Claude Ste i pens in gird chairman and Charles Fogarty president was released Here wednesday mine in North Carolina. Company intends to participate in the next offshore lease Sale by . Authorities for Oil exploration property in the Gulf of company spent 7.29 -1.10 sex co. I be company in Lac formal Lillion in to As Sale statement of six month Finan Cial figures released previous 9q is the subject of a Rea Uig. Api the n Idun ration s Price has been blamed for the Impei Idini shut Down of read ing . Itla Mitil the tur a of Domestic Copper e x e c u i i v e vice president it Ortie Meyers said Here heading workers had n my Al Phillips hater North principal up Tinam growth rejent growth req ont venture Roy Funtal inv pret it Rev Irth am Ricar .1.09 13.9? 15.21 .1.55 3.08 3.36 5.03 5.50 6 09 6.70 10.38 11. -11 3.73 16.8j 17.m .s.91 6. -19 5.67 5 of s s3 16.87 u.s7 7.52 8.22 5.56 3.96 r 73 i 73 109 i area 01 Muena Homo a cover Al capt by Canada a five will program in the i t i Lin inv. Tool. Lived Aci tiled of lit cd air x-. Of units thurs ii s hrs Urtin .1 Rel Mriln Oani Illus fur Ilic first half of ulc year totalled million up from million during the of the report to shareholders is sail Lac earnings re 157 502 Fleet the contribution of a nov. Zinc Plant at the Kidd Creek operation and the worldwide demand for metal.-. And fertilizer Tex a Sulf mining operations for base metals chemicals and shares of Sanford Evans Petroleum in several countries. I us Lishing lid. Sanford Evans the report the first step services Ltd., of Winnipeg and in a previously announced plan Sanford Evans publishing Al. 11.30 12.35 9 60 10.55 i 50 -1.95 6.r2 7.09 7 10 7.r1 10 5911.64 5.3-1 5.34 6 7.28 3.51 6.5? company plans to Drill i additional development Al production ill an Oil Field in the pro curtailed and eventually Vost area of Alberta following closed. The Price of Copper set by the i ice is so Low it the Price on foreign markets that the cop per producers sell it for More Meyers said. We can t get a Din Ehe Ujj about si.05 per Pound so the firm can t afford to match the Price of 05 cents per Pound offered by foreign buyers. Reading industries formerly heading tubing manufactures tubing and other Copper prod nets. The closing would affect workers. Raymond Styli Burhine Inan the cd is Oil a ref r his he b a dog for boil to per cent Nad compared of Texas Gulf Stock on standing which would give inc govern exploration pro ent financed cd effective con a in new Brunswick. Quebec and the Northwest territories in Canada publishing group sold at one of the plants said it Lias a seven or eight Day Supply of Copper left and we Are unable to buy note favourable develop in e n i s which they say Csc Lually May overcome the profit taking. Thursday the Market showed a Posi Tive though temporary response in the Nistra lion s report Hal the Bud get deficit shrank in fiscal hi7.1. The figures indicated that the ui74 budget might be balanced without a tax increase. Also in the eco nomic news the . Had a Trade surplus in the second Quarter for the first time since the first Quarter of and second Quarter profits arc surging. A preliminary first National City Bank Survey shows that a f t e r -1 a x profits in the period swelled by Aboul per double the year earlier Pace. Some dividend increases arc also encouraging investors brokers say. They add that a return of Coolid circe among investors is largely responsible for recent gains and the out look for More. Confidence reached a Low in late june they say. But when Selling dried up and the Market drifted some adventurous buying found Little Resis Tance. More and More investors moved in setting off an explosive gain. In its gain the Market is ignoring inc Outlook for an economie slowdown later this year. Hul some analysts contend that the mar Ket has already Whiten off the slowdown and can now look ahead to a later re covery. Meanwhile brokers find recent a Clunie figures encouraging. As the Market bounded ahead on wednes Day trading was the most Active in about six months. During profit taking thurs Day volume was lighter but brokers said there was enough continued buying interest to stalemate sell Energy Bank planned yuck i Stock in a r k e i prices backtracked s i i h t i y today As investors nailed Down profits after the Market s rally. Analysts said the decision of some major Banks to boost their prime lending rate by i to s-1 per cent also prompted Selling. The Dow Jones average of industrials which advanced 110 ranged from to sc2.1ii. The ii . Price. Sg2.hi. Thursday s average. and Sirc last monday was for sows. 5075 lambs Luff at noon. Earli sold from. S30 to s33.50. Llaca vier lambs. To a Hep to sic. Egg plan to Aid Pooi members by tassels a the eur had been off More than three. Declines led advances two to one in slow trading on the new York Stock Exchange. The Broad based nose Index of too common stocks was off .1-1 at 58.40. Ralph Acampora of Harris i Pham and co. Called the slide Normal profit taking after the two week rally and predicted thai backing and filling would continue for the next London six Banks of four countries announced Loday that they Are providing a pcs con Lilloll an. Few inc capital to set up an inter bounced a proposed Zysk 1 Nir Ovil n a i i o n a 1 incr by Bank. The Profira Here in which the which announced it. Had at Richer members of the nine half interest in an Ita Coti try economie a group would Han company Liy a Bank would provide Rinan Cini for development of Power around the Al o n r v in u n l Lonu Oliea inc i Liy a Lead quarters of he new c o m m o n Market would by Nadian to Vornn it corporation Bank to be called the internal available for Low interest Loans in a also million Lender offer tonal Energy Bank Ltd. Industries and for public1 was unchain find at be in London. The announce projects principally in areas among Canadian issues on Nicot did not disclose fanning has declined the new York Exchange. Dome Amoun. Of ils capitalization. Sharply a Market spokesman mines fell one to Inco i but it said executive officers will be named later in the summer. The six Banks Anil the percentage of the capital they will Supply arc Sci Etc financier a Kurop conc. To per cent the 1 a Bank of Scotland. A Bard ays Bank International. Is Canadian Imperial Hank of Commerce is up Public a tonal Hank of Dallas in and a Anqus Worms. France to the total resources of the six t h main beneficiaries of the program. Other c o m m o n Market m r m b c Are Denmark. West Ger Many the Netherlands and France. Said. The interest on the Loans would lie five per cent of the Cost of the project that the loan would finance. Die program up for approx members. Would the pm billion in Aid the spokesman. George Thomson. He is in charge of regional affairs Lor b a n k s and their associates amount to More than Bil lion. They have More than 12.-000 branches in coun tries. The Energy Bank s first of. Foils the announcement said will lie in Oil and Gas develop ments i the scottish. English. Toronto cd l Noralla Irish norwegian and other eur sales corp. Announced Here Ropchan Continental shelves to Ian immediate increase in ils Getlir with developments in in Canada and Canada the lulled Stales and the i Lii led states to 67 cents a Pound from cents. S and Canadian javelin to so. Canadian i acidic advanced noon Dollar Mont Kcal t a. Dollar in Terui of Canadian funds at noon Friday was up at si.00 Lori. Pound Ster line lip 2 lit 11-20. Iii new York the Canadian was at Pound up 1 17-2u Al s2.5u 9-20. Beef Oner 51.70 53.50 Hirr close Well 51.70 52.wn i cob 53.50 53.60b 53.6013 Prudential Calgary i w i tire Anil Iii Blini co. Of Canada . In ooh ended Lone . A share iii7l. S1.i73.ikiii ill s Badyk it w Ostek Kami Prudential steel Ltd of Calgary. Alec la. Which recently became a wholly owned subsidiary of Dominion foundries and steel. Limited i Donasco of Hamilton. Ontario is pleased to an Rio Noe. The following to in Harrl c prude. Prudential steel Prudential steel Ltd i Ceny came a Woy owne sus iary o Dominion foundries and steel. Limited Ido Gascoi of Hamilton. Ontario is pleased to an Rounce the following appointments to its Board of directors s Badyk. President. Prudential steel Ltd Kolf w Osterkamp. Vicc president. Production and engineering Prudential steel Ltd. And Glen w Peckham. Executive vice president and general manager Prudential Ste ;