Winnipeg Free Press

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m us finds Alcan d p 2000 22 23 Bow Vly 200 6500 19 20 Nat by 6 2000 2fa 27ft 4 Ostyn Chap 020000 75 75 75 Bedl b of so 235 225 225 15 Ranger p 1200 2fa 2fa 107 19 9ft a 13 a ii i3a 11 Fafa 39 Vii aft 13 99ft tuft 12 9 Ift 9ft 7ft 12 7 10 1 10 1 23a 21 11 10 10a 7 43 24 not 714 9 7 27 25 24a 22a 24ft 19ft 30a 27 250 75 m 220 2to 24 stocks spree As inflation fears ease Toronto up investors in Toronto and new York went on a buying spree yester Day after a report on wholesale prices eased fears about trading was heavy in both markets and prices were mostly the Toronto Stock Exchange 300 composite Index ran up Points to close at a gain of Points for the the Dow Jones average of 30 industrials surged Points to a Post crash High of the labor department reported that the producer Price Index Rose per cent in the same As in despite a Sharp increase in Energy the producer Price num Bers came in much better than said analyst Lyle Stein of Nesbitt Thomson Dea As a we had a marvellous the fretful about had expected a Rise As High As one per investors took fridays report As a sign that inflationary pressures and interest rates might soon Stein described the producer Price figures As a soft Landers he was re Ferring to those in the invest ment Community who believe the Central Banks can bring the Economy Down to a soft Landing by Cooling inflation without causing a the Federal Reserve and the Bank of Canada have been pushing up interest rates to ease borrowing and slow the but the Bank of Canada pulled Back with its trendsetting rate dropping to per cent from last weeks setting of but economists cautioned that despite indications of weakness in some the Economy is still running at a High rate of the number in no Way implies that inflation is set to move lower on a permanent said James director of economic research at Argus research in Toronto advances outpaced declines 441 to 252 with 375 issues unchanged on volume of shares Worth off per posted the Only loss among the Index 14 Industry the biggest Winner was up per followed by financial up per up per up per consumer up per Industrial up per cent and commune up per ;