Winnipeg Free Press

Tuesday, July 08, 1997

Issue date: Tuesday, July 8, 1997
Pages available: 46
Previous edition: Monday, July 7, 1997

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  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 46
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OCR Text

Winnipeg Free Press (Newspaper) - July 8, 1997, Winnipeg, Manitoba B10 Winnipeg free july other exchanges pert Len Exchange Toronto up Here Souter Eftula aspect to pay rates Fiu Cirata Dur ing he Day end May change based on the amount trans rates for major currencies May be changed daily or Art asterisk 4 Indi Cates official or restricted Australia Dollar Austria Schilling Bahrain Dinar Barbados Dollar Belgium franc Bermuda Dollar Brazil real Bulgaria lev Chile peso China ran mini Colombia peso Cyprus Pound czech dominican paso Donar currency unit Fiji Bliar it Viand Mark France franc Germany Mark Greece drachma Guyana Dollar Hong Kong Dollar Hungary forint India Rupee Indonesia rupiah Ireland Pound Israel new shekel Italy lira Jamaica Dollar Japan yen Kenya shilling Korea won Kuwait Dinar Lebanon Pound Malaysia Fingelt Mexico peso Norway Krone Pakistan Rupee philippine peso Poland zloty Portugal pseudo Romania Isu Russia rouble saudi Arabia Nyari Singapore Dollar Slovakia Koruna Slovenia liar South Africa Rand spam peseta Sweden Krona Switzerland franc Taiwan Dollar Tanzania shilling Thailand Bah Turkey lira Trent of Dollar Ukraine hryvnia dote Treasury m 189 m1 3ffimih 6ttalh 161 London Roii Gold prices yesterday in us dollars a Troy ounce London Frankfurt Zurich otes Fol few Gans Dlan Furrs Tor Dol Lar buy sell Dollar 0lf8 Bonds City Cash Gold closing Winnipeg prices futures trading selected paws with changes since the pwt aft on Bond Winnipeg Winnipeg up Grain quotes yesterday for basis Lakehead open High Low close canola basis jul sep nov Jan mar May jul s60i nov Jan wheat july oct dec mar Barley july oct dec Olgy Jet 7q feed peas oct May Oats jul oct Cash prices flax 1 feed wheat 3 red Spring can feed canola in store Thunder Bay 1 Canada in store Vancouver 1 Canada Export Lawrence 1 at Pel i durum malting Barley Thunder Bay special select 6nw select 6row special select select 2row Chicago Chicago a futures trading open High Low Settle wheat by minimum dollars per Bushel jul 318 318 313 313 sep 325 327 321 dec 338 333 335a mar 346 347 May 350 350 345 jul 348 349 345 345 sales dec 363 jul 350 350 thus sales open in Corn by a futures trading open High Low Settle cattle jul 242 243 240 240 sep 230 233 227 4 dec 230 227 4 mar 240 236 237 May 243 243 3 jul 247 248 245 247 2 sep 244 245 244 245 dec 248 248 247 248 1 jul 258 258 256 258 dec 245 245 sales per aug oct dec feb apr Jun aug sales open in up 636 feeder cattle open int cents per Oats by minimum cents per Bushel jul 164 164 162 162 2 sep 3 dec 145 143 143 mar 150 150 148 148 sep oct nov Jan mar May 150 jul 152 sales 910 Tims open in sales sales by minimum cents per cents per jul 715 733 712 aug 680 699 677 697 sep 607 615 606 614 nov 579 585 577 584 Jan 584 590 583 588 mar 593 598 593 597 May 602 606 602 605 jul 613 615 612 614 nov 605 608 597 jul nov sales sales sales open in 1 open int bellies soybean per ibs cents per jul aug sep oct dec Jan mar May jul sales sales aug open in dec sales per int soybean jul aug sep oct sales dec open int Canada Canada Canada Canada Canada ask issuer coup maturity Price government of can Ada 15s98 15mar99 lsep89 106586 1femo 1maroo 1sepou 1maroi 1sepoi locl01 tapr02 14ifr03 ldec03 1juimm 1dm04 1tomb 1dfifrtt ljun07 1jumo Marh lsmar14 in raft wun23 ljun25 Canada Canada Canada Canada Canada Canada Canada Canada 1jun27 2jart02 Canada Chc real returns tdec21 real returns 1deo26 provincial 1mafoo 625 tmat01 1dec05 9jan02 23augos 23aug13 8s6d23 1d6c05 Hydro Quebec 25julo Hydro Quebec tjun04 Hydro Quebec 15aug05 Hydro Quebec 15aug20 Manitoba 14sepoo Manitoba sjun06 Manitoba 22dec25 newbie new 17mar98 Alberta Alberta by by by by by Munim yield Olaf Why oreo had Ontario onto had Ontario had Ontario Ontario Ontario Pei Pei Quebec Quebec Quebec Quebec age 26aug02 new Filc 22nflvh 3lmar98 19maroi 24juh62 3nov05 22jufl26 l6sep44 Iwa Froe 2jufi26 30apr02 27och5 30mar98 apr98 15ooi01 16slan23 Saskatchewan 6jm Saskatchewan 19oec6s Saskatchewan 36may25 town Tome loec65 corporate 24auo64 17augos 22dsc06 22dec26 by Telephone 8apr22 Bankins Cen Ragas cd Nubi ljun05 Cdeno Capel 15nov66 finning lid Hudson Bay c 1apf02 Nav Canada Nav Canada Nav Canada Nav Canada Nova Gas paned Pele precision of Power fun Royal Bank Royal Bank Talisman Thomson corp Union Gas tonov25 West Chaslene 18dec06 West Clastene 18dec26 outboard Bombardier Bombardier 35704 109701 chaw coca Deere digital Dow Eastman Fleet Fin amal Ford general electric genial Deorsie Gillette h q health Heinz 46a Polaroid proctors Royal seats i Sebuk Singer Sward Pacific tandem computers Tell Onosode 53 16m3 31a3 55 Winnipeg i0edl Martet but Are meter Liswa on this Oke win Fiat ffl6 Irodus crisis bid Judel Bird pm mans Lluc Man had medical arts Westt Alra of Low close Cage High Illa 3660 Esfi Hydes my Hydrus 36606 11 total we volume 11 total we value London London Stock quotations yesterday in new Pence unless pounds or us dollars Are Allied Dorneck Baa Bat industries by Corva Boc group Soots British Petroleum by bar us Burma Castrol Cable wireless 563 Cadbury schweppes charter Rva commercial Union of Beers us Freedom us Glaxo grand Mel Ici Kingfisher tool us ladbroke243 Lasso Lloyds Bank Prudential rank 35 Reed Rolls Royce Sears Rva Shell unilevef1774 United biscuits Vaal reels us commodity Exchange 1d6c06 lapr02 wun04 tdec06 1jun27 15jui03 9novos 26juno sjan06 22d6c04 9julo Stock averages Dow close new York a final do Jones open High Low close chg 30w 20trn 15 Ute 65sk Slock volumes Indus trans utile stocks merch Forest transit tse Index Toronto up yesterdays closing Index net 1997 1997 close Cage High Low tse300 658804 567933 minerals a Nancy 694298 549876 6876 1015373 6039 1045507 911212 Industry Ulilis Consile golds building Standard and poor new York a yesterdays Standard and poors Stock indexes High Low close Indus 108572 106928 107261 443 Travis pm 65744 64979 65200 utilities 20354 20067 20100 177 Fland 10597 10452 10467 mldcap400 29512 29336 29397 Small Capeto 16318 16239 16262 036 so stocks 92326 90969 91220 472 100 stocks 90106 88763 89041 321 canola futures closed mainly higher at the Winnipeg commod Ity Exchange prices were Down Early in the with new sea Sonal lows set in the first five months the weak Start was attributed to Fol Low through Selling from Fri those losses were with fresh com Mercial demand helping to turn the Price direction commission houses were steady buyers once prices began moving Only the july contract remained on the pressured by Long liquidation because it is the spot flaxseed contracts closed mostly lower in Light floor sources said some of the weak tone reflected realignment verses canola values in the Wake of fridays developments when flaxseed prices Moyed opposite of the july contract managed to move higher despite the soft Western Barley values moved with some weakness linked to the defensive tone displayed by the Corn locals were the main Sellers throughout the new con tract lows were established across the feed wheat prices closed with losses in nearby contracts countered by gains in the deferred nearby prices Sank to new contract lows on general absence of demand and Lack of bullish Grain futures prices retreated on the Chica go Board of continuing a downward slide caused by expectations for record crops amid excellent grow ing soybean futures prices were Naftal a Boon to Economy show say critics associated press Washington persuade Nancy that the dilemma president Bill Clin tons administration faces As it pre pares to paint a glorious picture of the benefits to the Economy in the three years since a free Trade Deal was signed with Mexico and the White House talks of booming Export Low unemployment and a competitive United confidently facing the challenges of the 21st Cen Dewent talks of her manufacturing Job disappearing to mex where a worker will do what she has done assemble swing line Brand staplers for Only 50 cents an the company told us in May that they were shutting the Plant 408 Union people will lose their we were said i have been at the Plant for 19 i am too old to Start Over and too Young to the factory has turned out staplers in for 75 years but owner acc Usa said by moving to mex Ico it will save million mostly in cheaper labour from lumber Mill workers in Alaska to cabinetmakers in West the labor department As of last month had certified persons who have lost their jobs because of and that total misses Many people who do not bother to apply for Naftal opponents they put the total at based on calculations linked to a quadrupling of Trade deficits with Mexico and says the Clinton adminis it will argue in a report expected by weeks end Overall deficits with Canada and Mexico Are influenced by Many factors beyond such As Mexico severe peso crisis two years the said officials who have seen will contend booming exports to Mexico and which Are growing at a faster rate than the rest of the actually have resulted in an increase of Impact overstated both sides Are overstating Taftas private economists the Trade Deal has had a negligible Impact on the number of said Jeffrey Schott of the Institute of International Naftal is such a Small part of the Story of what is going on in labour for one Naftal simply accelerated trends already two Way Trade Between the United states and Mexico has been growing rapidly Ever since the late 1980s when Mexico began lowering Trade in More powerful such As the Federal reserves interest rate determine the level of employment in the United not Trade economists one of the most comprehensive stud produced by economist Raul Hino Josa of the University of California at los found Naftal produced a near Zero net Impact on employ ment its first three and even with a sharply increasing Trade deficit Over the last three employment growth stripped All other in Taftas three million new jobs Haye been created on Ayer age each year and million jobs Haye been leaving net Job creation at the administration argues rising exports have accounted for one out of eight net new jobs created since but opponents believe they can win a fall congressional Battle Over Naftal the folks who once said Naftal would generate hundreds of thousands of new jobs have now fallen Back to saying it is or not too bad either said Lori director of Ralph naders Public citizen Trade the Burden of she rests with getting Grain to port quickly priority in Ottawa by James Mccarten Canadian press Canadian newspaper association association Ca Nadienne Pes Jour Aux Richard president and chief executive officer of the Canadian newspaper association is pleased to announce the appointment of Anne to Khawaja to the position of Kothawala joins the Cna from the Canadian restaurant food services association where she served As director of provincial she worked As a consultant at in the Canadian newspaper association Cna represents 101 Canadian Duniy newspapers English and French with circulations ranging from to More than per membership represents 99 of the More than million copies of newspapers distributed daily i treat yourself to by 36 month smart lease Owr it Tami fallen Yew 674 Portage 1st payment and required plus a with Down t Calgary Ottawa urgently needs to figure out How to get Canadian Grain to port faster before International trading partners Start looking elsewhere for their sup the new agriculture minister said Lyle Vanclief said he plans to sit Down with transportation minister David wheat Board minis Ter Ralph Goodale and stakeholders to Hammer out a solution to a problem that is costing Prairie Farmers we dont have much Choice but to fix it incredibly better than it was last Vanclief customers Only go Back to the shop a limited number of times before they Start finding alternate we know weve got the we know weve got the Quality and we know weve got the its mind boggling to think we cant the ministers have yet to set a Date for the bad a Lack of rail cars and what some Farmers consider a poor performance by the railways brought movement of Western Canadian grains and oilseed to a near standstill last Winter a crisis Vanclief said the Industry cant afford to the whole review of the transportation situation and regulations in Western Canada is he but whats very urgent is a game plan that can be followed out for delivery of that product for our customers this weve got the Quality but when the product int delivered and there Are lost Buck stops at the Goodale suggested earlier this when he was still agriculture that a system of rewards for timely deliveries and penalties for late ones May be one answer to the but there was no mention of that Vanclief was in Calgary to announce plans to pay million to about Alberta Farmers who missed out on Federal financial Relief doled out in 1995 when Ottawa ended the Crow Western Canadas largest Grain transportation Farmers who were growing feed or during the Western Grain transition program were not Eli Gible for the billion in payments that were compensation for decreased land there was quite a spirited discus Sion on whether forage acreage should be included in the acreage for the distribution of the Vanclief some people were saying i used to be a Grain producer and now Ive switched to growing forages on that land and i dont there was a considerable debate on that Here in the payment comes out of million already allocated to Alberta As part of a compan Ion fund Ottawa Calls the arable acres supplementary payment protesting Farmers plead guilty Canadian press Branon seven of 11 Farmers charged following a Cross order protest Over Grain exports pleaded guilty the charges were Laid after farm ers trucked Grain into the United states last year without obtaining Canadian wheat Board Export the Farmers were protesting the boards monopoly Over Canadian Grain Canada customs seized their trucks when they but some farm ers drove off in the in five Farmers pleaded guilty to failing to provide a permit and removing sewed vehicles from Cus be sentenced then face additional two Farmers pleaded guilty to us Tom related charges and were handed suspended sentences with two years probation four others pleaded not guilty and had their cases two other people were charged with new counts and appeared in court they were the owner of a Saskatchewan trucking company and a j2th Farmer they both pleased guilty to counselling employees to fail to pro vide Export permits and to remove vehicles from Canada also tie sentenced ;