Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 30, 1976, Winnipeg, Manitoba 16 Winnipeg free press. Saturday oct Ier 30, 1976 appointment William m. Mercer United Rolf f.s.a., . The appointment of Rolf Hendel. . . As manager of the Winnipeg of fice is announced by Robert w. Grindley. Director of William limited. Or. Hendel joined the com Pany in 1974 after having spent several years with a major Canadian life insurance company. William m. Mercer limited provides employee Benefit and actuarial consulting ser vices in Many areas including pension plans group insurance benefits administration benefits communication Industry wide plans executive compensation and financial planning. The company has offices in thirteen major Canadian cities. 9-month record great West life sales jump 50% record sales for the first nine months of 1976 have been reported by the great West life Assurance com Pany following a meeting of its Board of directors in Winnipeg this week. Sales of insurance coverages and annuities measured by the amount of Protection provided totalled up 50 per cent Over the first nine months of 1975. The company s group lines of Busi Ness remained particularly buoyant with group life insurance up 59 per cent at individual life insurance Protection sold accounted for while annuity sales amounted to health insurance in Force measured in Gross annual premiums increased 25 per cent during the period and to talled at sept. 30. Sales of life insurance and annuities in the United states where the com Pany is licensed in 35 states represented 34 per cent of the total and with respect to health insurance the United states operations accounted for 58 per cent. Net income attributable to the share holders for the first nine months of 1976 was a share compared with for the first nine months of 1975. The Board also approved payment of a quarterly dividend of per share on Deb 1 to shareholders of record at the close of business nov 16, an in crease of six cents a share in the quarterly rate. Support prices Likely to Rise Stock averages cattle thursday. October 28, 1976 ones Newyork 30 Indus 20 rids 15 util 65 com 952.63 207-81 97.42 300.09 207.85 97.42 300.51 or cd i 11 . I Toronto i 77 ind 6 gods 16 b w 9 w 0 i or cd 176.14 260.58 80.00 200.87 ill . 176.14 259.40 79.99 200.43 176.40 258.24 79.98 201.05 Montreal 65 ind 13 util 7 inks 85 com or cd 175.04 142.24 239.55 175.68 noon 175.28 142.13 238.99 175.77 Kane equipment limited appointment Donald a. Burwash or. G. B. Anderson. Marketing manager of Kane equip ment limited is pleased to announce the appointment of or. Donald a. Burwash As advertising manager. Or. Burwash is an honours graduate from the University of Manitoba s department of Commerce specializing in marketing. Kane equipment limited is a Well known distributor of construction. Mining and Industrial equipment in Mani Toba. Saskatchewan and Northwestern Ontario. A total 750 cattle 300 cases and hogs were offered for Sale Friday morn i n g at the Union Stock Yards St. Boniface. The morning s Early sales of steers sold at near steady prices. Cows continued to meet a Good de Mand at prices steady. Insufficient Early sales of All other cattle and calves to establish quotations. Thursday afternoon 450 sheep and lambs sold on a Market Strong to higher. Good lambs Over 80 pounds to under 80 pounds up to sheep to the 11 . Hog Price was five cents lower. Al and a-2 steers Over pounds to under 1.000 pounds to common and medium s25 to do and d-2 cows. To s20 d-3s, s17 to d-4s, to hog sales to 11 . Ranged from to the 11 . Price on thursday hogs sold at an average of Grain futures Friday october 29 1976 Winnipeg Barley _ de 189vi, my 895. Rye de 230, my 960 Chicago wheat de 270. My 280, my 287, by 289. Corn de 250, my 260, my by Oats de 161 my my by 160. Soybeans no 657, a 665, my 669, my 672 Jav 669, a 668. Winnipeg h 9h proc 687 no 693 684 i 693 688 de 700 691 i 700 494 my 2870 2834 2870 2860 Oats 2m of 121v2 121 121 de 119 119 my 798 794 795 by 812 of 192 de 191vz 887 905 192% 190v4 890 906 earn guaranteed investment certificates. Interest paid Semi annually minimum investment other payment options available for further information Call or drop in Al 221 Portage Avenue or phone Souc Young 943-0451 Montreal Trust we work As hard for your Money As you do. Member Deposit insurance corporation Dominion Bridge company limited dividend no. 258 notice is hereby Given that a dividend of Twenty two and one half cents 22 m per share on the outstanding no Par value shares of this company has Boon declared for the Quarter Ond ing december 31. 1976. Plus an Oxtra dividend of seven and one half cents 7 per share both payable december 31. 1976, to shareholders of record at the close of the business on december 3. 1976. Which dividends take into account the Stock split on a two Tor Ono basis on october 22, 1976. By order of Iho Board r. A. C. Henry Secretary Montreal Quebec october 26. 1976 my 900 by 907 of 227 no 228 de 229 230% my 962 957 961 by 980 feed of 288 285 285 do 275 my 1016 Vancouver rapeseed no 586v4 570 585v7 a 5831 j 59731 my 2673 2610 2664 in 2669 2619 2669 be 2645 Thunder Bay 119v2 796 820 192 a 896 910 227v2 236 231 966 1000 288 260 1040 575 588 2628 2630 2625 continued from Page 14 a higher floor Price in the Range is seen More Likely if or. Carter becomes the next president. A month ago a leading International Grain Trade executive accurately forecast or. Ford s move to raise support prices and said that or. Carter would do the same Only More so if elected. Carroll Brunthaver vice president of Cook Indus tries and a former assistant Secretary of agriculture told the Canadian International grains Institute s seventh International course in Winnipeg that wheat subsidization would come into play at higher Levels if prices continued downward. They did and the affect on Ford and Carter farm policy was As forecast. The policy would mean a return to the old system of having much larger stocks of Grain in the hands of government indicated or. Brunthaver with a Price depressing stockpile always on View in the american shop window for world Trade. Also Likely to be influenced is . Policy on inter National grains arrangements which the International wheat Council Hopes to renegotiate. Or. Carter is believed to be leaning toward a International wheat agreement with minimum and maximum Price guarantees for both the buyer and the seller countries. Or. Ford is on record As preferring Supply proposals free of any pricing restrictions. The wheat Council made up of five exporting countries including Canada and five importing areas with Headquarters in London has scheduled negotiations designed to come up with a agreement within two years. Included would be talks on provi Sions for an emergency world Grain stockpile. This world food Bank plan also could be affected by the . Election result. Or. Ford s administration has t been co operative except to say that any such stockpile would have to be held in producing coun tries. Carter policy would seem to provide a climate More favourable for establishment of a More formal Type of Independent food Bank. Whoever wins the . Presidential election it is obvious that there Are policy trends towards higher support prices for Grain with More government owned stocks. History shows the effect of this is to build up sur pluses that hold Down Export prices. Growers tend to continue to Plant acres that they normally would rest or switch to other crop because they Are growing for the government instead of the Market. History tends to repeat itself. There is however a possible departure from the pattern being noted in this fall s political and markets history lesson. Or. Bell has warned foreign buyers that the Low current world prices would Force Many acres out of wheat and create a risk of running into future food political talk or agricultural mood it remains to be seen whether . Farmers will grow for support Price storage or for Market demand. But under either Ford or Carter support prices Are Back As a Market influence. Other Market quotations produce Friday october 29, 1976 vegetables cabbage . No. 1 50 ibs 4.75 radishes Man 36 of. Bag 3.75 tomatoes Calif 5x6 22 in. Case 7.75 Green onions Calif. 1 Doz 2.00 potatoes Man. Reds 75 ibs 3.95 commission mouse prices butter .1.10 eggs minimum prices to producers for ungraded eggs . Winnipeg As re ported by the Manitoba leg marketing Board effective oct. 18, 1976. Grade a extra large.70 Grade a Large .69 Grade a medium .61 Grade a Small .41 Grade b .45 All poultry prices live no. 1 to pro Lucers delivering Winnipeg except Chicken Chicken Chicken broilers .34 York j Chicken i Chicken Svi tvs j Chicken of no de my by Kenneth m. Bowman the estate planning Council of Winnipeg is pleased loan ounce the results of its elec Tion for the 1976-77 exec five president Kenneth m. Bowman . Vice president Abe Anhang. B a. L , Secretary Leslie s. Litman treasurer David l. Fraser l.. Directors Roy e. Williams. B. Comm. Kenneth s. Wilkins. . Larry m. Hurtig. C a. Past president Robert b. Goodwin . L.. Wheat do my 266v2 my 291 by 294 Corn do my j62vz my by 272 Oats de my 165 my 165vj by 161 soy Beans no 679 651 a 687vi 654 Mil 690 667 my 669 by 681 664 a 670 654 526 523 521 2.100 2420 Chicago 269 Vij 280 286 288v2 250 259 268% 16034 164v4 Impi 159v2 275 285 291 292 .4 252v3 261 a 267 271 a 162 165 165 161 675 663 668v3 684 678 670 525 521 521 2400 2420 271 a 282 it 285 291 252 261 266v3 165 16sv3 160v2 659 666 674 676 671 667 fowl under fowl i fowl Over fowl i spoilers i hens Toms Turkut .34 .06 -.06 .06 -.06 .22 -.24 .48 .48 Richardson securities Ltd. Friday october 29, 1975 or. Cd. Allied chemical 35% Amerada 25% 25 Amer. Motors 4 Amer. Airlines 1234 12% Amer. Tel Tel 60 Aramco 29 Atlantic Richfield 57 Avon Bausch lomb 27 Beatrice foods 26% 26% beneficial corp 23% Boise Cascade 28% 28% Bristol 68 a Burlington nth 39% 40% Burroughs Campbell soup Caterpillar 57v, 57% Champion into. 23% Chase Manhattan 29 Chrysler 19% a coca cola 82% 81% cons. Edison 19 Crown Zellerbach Dart ind. Deere co. Disney Dow chem. Eastman Kodak Elpaso Nat Gas Cash Grain cd Lakehead wheat Board prices . And class 2 no. 1 red Spring 2-sp-c 13.5 1 am. Durum 310va 2 am. Durum 3 am. Durum 303v s 4 am. Durum Oats 2 176 sex. 3 3 173 sex. 1 feed 171 1 feed 2 feed 116 i Calgary Richardson securities Ltd. Friday october 29, 1976 Grain inspection cars inspected oct. 25, 1976 this or. Last or wheat 609 s96 Oats 24 Barley 357 216 Rye 3 g flax 4 8 rapes cd 18 10 others 5 s grand total 1152 to contract wheat 519 cars office space available Portage and main 400 so. It. To 8200 so. It. Rental rates from per so. It. Immediate occupancy main floor space available Contact Marathon realty 943-o556 or your broker Man him 14 Exxon crop -s2v Ford motor 56vs Gay crop. 11v3 Gamble Skogmo 23 son. Electric 53 Gen. Foods Gen. Motors Georgia Pacific 36h Gill Cylc Goodrich . Goodyear tire Gulf Oil crop. Honeywell household Fin. Ism 267% int l Harvester 28% int l minerals 38 int l Tel Tel Johns Mansville 31% Johnson Johnson k Tel into Kimberly Clark Kresge 39% Lloyds electronic Mattel inc. Sv2 Mcdonnell Douglas 21% Minnesota mining 60% Mobil Oil 1966 Nat. Cash Reg. 35 Newmont 25 Northrop u Northwest airlines outboard Marine pan am airlines j3i Penney . Penn life co. 203 Philip Morris Phillips Pete 60 Polaroid Proctor gambles 92va Ria corp. 24% Royal dutch 45% Safeway Schenley ind. 3vu Scott papers Sears Roebuck 66vo Shell Oil Standard Oil Cal 36 a Texaco inc. Texas Gulf 31 a Union Carbide 61 a Union Pacific corp. 83vo uniroyal 7% Winnebago 5vi Woolworth . 21 Xerox corp. 60% Home is a better place to get better. True. And you can arrange for professional Hospital trained nursing personnel to care for you or your loved one right at Home. In 3, Cna a nursing aides orderlies companions. All screened and reference checked. Bring Home the Only part of the Hospital you really need professional care. From Medon. For personal assistance Call us 943-4466 Medon a Drake International company cosmetic ans experienced cosmetic ans drug Mart gives you the Opportunity of earning at your top potential gives you the co operation and guidance of a cosmetic oriented management guaranteed commissions paid by Tamblyn plus a competitive Basic salary provides medical and dental care. The company Tamblyn drug Mart is one of Western Canada s fastest growing retail Chain and offers experienced cosmetic ians an exceptional employment Opportunity. If Beauty is your business and you desire an interest ing and secure future Call Dez Hubbell cosmetics coordinator the Winnipeg inn monday november 1, 8 . To 10 . Tuesday november 2, 8 . To 10 . 19 Xvi 3p.j 31 a 42% 86 a 1.1 52% 56% 11 23 53% 30 73% 36% is a 23% 21% 26% 19% 270? 28% 39% 30vb 3134 38vj Joy s 5vi 22 a 59% 60% 34% 24% 43% 28 Sova 20v 60 59% 35% 25 46 43 3 18 66% 74 36v2 27 31 a 60% 88% 7% 21% 60% 3 feed mixed Grain 1 . 6 Row 2 . 6 Row 1 . 2 Row 2 . 2 Row 1 feed 2 feed 3 feed mixed Grain 113 ii 108% 332 330 332 330 189% 188% 175? a or cd 313w 335v2 334v2 328 a 332v2 i 176 173 171 11934 116 i 11131 332 330 332 330 195v8 i Brett Oil 5 pet Romines 8b Castex 8b twin Richfield 30b Western Warner 25b Bond yield quotations local sales terminal stocks subject to confirmation cd or cd 2 exc. 3 . 122v3 3 sex. 1 feed 1 feed 117 i 2 feed 3 feed 1073 4 mixed feed 58.00 Barley 1 . 6 Row .280v4 2 . 6 Row 280v4 1 . 2 Row 310v4 2 . 2 Row 1 feed 188 2 feed ibs 3 feed 170vi 1 . I. 228 2 .22b 3 .223 4 . 188 ergot 178 116v 58.00 282vi 312v3 312v 189 a 172v 227v3 227v, 222v3 87 682 607 2 cd 3 613 rapeseed in store Vancouver no. 1 can 523 525 no. 2can 493 util wheat 263 272 feed wheat 273 288 metals London a Friday s closing metals bid ask in pounds Sterling or metric ton Silver in Pence per Troy ounce. Copper spot 783-784 futures 818-819 tin spot futures Lead spot 282.5-283.5 futures 298.5-299 Zinc spot 378.5-379 futures 398.5-399 Silver spot 274.274.7 three months 283.5-283.8 Toronto Bond quotations for october 29. 1976 with offer ing Price yield supplied by Dominion securities corporation Harris and part ners limited. Bid ask yield Canada 7 july 1-77-82 98.95 99.05 8.45 sept. 1-83 79.37 79.62 8.50 May 1-90 70.50 71.00 8.98 oct. 1-95 75.50 76.50 9.09 car 5 m6v 15-77 98.00 98.10 8.58 4 feb. 1-81 84.37 84.62 8.40 Jan. 1-85 82.00 83.00 8.98 5 oct. 1-87 73.00 74.00 8.98 provincial Alta oct. 15-89-91 87.50 88.50 9.31 5 Aub. 1-86 71.75 72.75 9.27 mantel 8 a aug 90-92 87.75 88.75 9.65 . To mar 1-94-96 80.25 81.25 9.95 fld 8v4 sep 1-80-92 95.87 96.87 9.21 . 7% mar 1-89-91 81.50 9.50 ont. 5% apr 15-81-91 86.50 87.50 8.94 month May 2000 102.75 103.75 9.81 month 8v4 sep 15-92-97 88.75 89.75 9.50 ouch 8v. July 91-96 89.50 90.50 9.85 sask mar 1-85-87 77.37 71.37 9.27 municipal Miltor 8% sep 15-92 88.25 89.25 9.71 corporate altars t 11% aug 95 105.00 106.00 10.63 alost cel 11 May 1-95 103.50 104.50 10.45 bal Tel apr. 1-99 98.50 98.75 10.01 Cibic 9v4 Jan 1-95 102.00 102.50 9.30 cons Gas 8% oct 15-93 87.00 88.00 10.12 Dotas May 15-95 104.00 104.50 10.32 int Nickl 8v june 86 88.50 89.50 9.86 Imp Loil 9% fcb 15-95 98.25 98.75 9.90 Molson ind nov 91 85.50 86.50 10.00 Seagram Lon june 95 104.00 104.50 10.32 boreal no 10 apr 2000 97.00 98.00 10.22 Ungs 11% sep 15-95 105.00 106.00 10.63 so apr 93 83.50 85.50 10.35 Mutual funds Toronto prices of investment funds supplied by the investment funds Institute of Canada Friday. They Are the net asset value per share or unit naps last calculated by the fund in accordance with its pricing practice As contained in the prospectus of the fund sales ii arge x . Fund y delayed naps hotel career personable ambitious individual required for food and beverage supervisor duties. Strong background in food service Neces sary. Opportunity for qualified individual to assume additional management responsibilities. Apply to the Nia Kwa motor hotel Canada Post posted Canada . Next Day parcel service to All Points in Manitoba South of Lynn Lake. When your shipment is mailed at the main Winnipeg Post office by pm you get delivery to most Post offices in Manitoba the next Day. Also a today out today service to , Ontario and Saskatchewan. For rates and details enquire at any Post office. 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