Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 24, 2013, Winnipeg, Manitoba C M Y K PAGE B7 winnipegfreepress. com WEDNESDAY, JULY 24, 2013 B 7 CANOLA: Nov. ' 13519.30 521.00 511.00 513.00 519.70 Jan. ' 14524.20 526.50 515.20 517.50 524.90 March 528.30 530.80 520.00 522.20 529.00 May 528.40 528.40 522.90 524.80 531.20 July 529.90 529.90 526.50 527.80 531.70 Nov. 510.50 510.50 510.50 511.80 511.80 Jan ' 15 0.00 0.00 0.00 511.80 511.80 March 0.00 0.00 0.00 511.80 511.80 May 0.00 0.00 0.00 511.80 511.80 July 0.00 0.00 0.00 511.80 511.80 Nov. ' 14 0.00 0.00 0.00 511.80 511.80 BARLEY( WESTERN): Oct. ' 13 0.00 0.00 0.00 194.00 194.00 Dec. 0.00 0.00 0.00 199.00 199.00 Mar ' 14 0.00 0.00 0.00 199.00 199.00 May 0.00 0.00 0.00 199.00 199.00 July 0.00 0.00 0.00 199.00 199.00 Oct 0.00 0.00 0.00 199.00 199.00 Dec. 0.00 0.00 0.00 199.00 199.00 Mar ' 15 0.00 0.00 0.00 199.00 199.00 May 0.00 0.00 0.00 199.00 199.00 July 0.00 0.00 0.00 199.00 199.00 T H E M A R K E T S O N 0 7 . 2 3 . 1 3 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FP MARKETS CN WEIGHS ON TSX 12,745.38 - 13.00 - 0.10% 930.48 + 1.10 + 0.12% 15,567.74 + 22.19 + 0.14% 3,579.27 - 21.12 - 0.59% B Y M ALCOLM M ORRISON TORONTO . The Toronto stock market closed slightly lower Tuesday, weighed down by industrial heavyweight Canadian National Railway Co. However, mining stocks got a lift after China's leadership indicated it would take measures to support the economy. The S& P/ TSX composite index declined 13 points to 12,745.38, after running ahead for the past four sessions. CNR depressed the TSX even as the railway handed in quarterly earnings that beat expectations. The stock fell $ 3.37, or 3.2%, to $ 101.69. The loonie was ahead 0.55 of a cent to US97.23� after retail sales for May came in much better than expected. Statistics Canada reported that sales ran up 1.9%, much higher than the 0.4% gain that economists had expected. The agency said the largest sales increase in dollar terms was a 4.3% gain at motor vehicle and parts dealers. Meanwhile, Chinese media said Premier Li Keqiang said that growth wouldn't go below 7%. He said China's growth needs to be kept above that minimum. U. S. indexes were mixed. The Dow Jones industrials gained 22.19 points to a new record closing high of 15,567.74, the Nasdaq composite index declined 21.12 points to 3579.27 and the S& P 500 index was down 3.14 points to 1692.39. The Canadian Press ebooks DRINK DIFFERENT: A REFRESHING GUIDE TO HOME MIXOLOGY By Adam McDowell The world of cocktails can be daunting at first, but as Adam McDowell demonstrates in this collection of his Happy Hour columns from the National Post, it's surprisingly easy once you give it a shake. This illustrated book shows you how to faithfully reproduce the old standards, from fun refreshers like the Singapore sling to the serious business of Sazeracs. To start reading visit: nationalpost. com/ ebooks C O M M O D I T I E S C R U D E O I L US$ 107.45 US70� N Y M E X G A S US$ 3.74 US9� G O L D US$ 1,334.70 - US$ 1.30 S I L V E R US$ 20.31 - US20� AG Growth International 36.720 - 0.8 8,286 All in West Capital Corp 0.005 0.0 0 Arctic Glacier Income Trust 0.205 - 2.4 73,742 Artis REIT 15.110 - 0.1 147,331 Bird River Resources 0.060 0.0 0 Buhler Industries Inc. 6.100 2.5 9,100 Cangene Corp 2.130 - 3.2 8,900 CaNickel Mining Limited 0.180 - 18.2 5,287 Copper Reef Mining Corp. 0.025 0.0 0 Craig Wireless Systems Ltd. 0.105 16.7 5,033 DiaMedica Inc. 0.910 - 1.1 4,600 Empire Industries 0.050 11.1 308,225 Exchange Income Corp 26.060 0.5 9,611 FP Newspapers 5.080 1.4 8,702 Gendis Inc. 3.040 - 0.3 1,000 Gossan Resources Ltd. 0.045 12.5 2,980 Great- West Lifeco Inc. 30.560 - 0.8 745,814 Hudbay Minerals Inc. 7.710 4.5 426,225 Huntington Capital Corp 12.500 0.1 30,062 IGM Financial Inc. 48.610 0.3 202,414 Imris 2.850 - 1.4 7,200 Jovian Capital Corporation 10.180 0.1 164,161 Kane Biotech Inc. 0.085 0.0 386,000 King's Bay Gold Corp 0.010 0.0 40,000 Lakeview Hotel Inv. Corp 0.175 0.0 0 Lanesborough REIT 0.700 0.0 6,250 Legumex Walker 4.470 1.4 21,763 Mainstream Minerals Corp. 0.005 - 50.0 80,000 Manitoba Telecom Ser. Inc. 34.670 0.6 301,746 Medicure Inc. 0.150 25.0 3,132 Miraculins Inc. 0.070 - 6.7 10,500 New Flyer Industries Inc. 11.470 - 0.8 48,385 Nordic Oil & Gas Ltd. 0.020 0.0 5,000 NorthWest Company Inc. 23.270 0.5 37,035 Novra Technologies Inc. 0.020 0.0 0 OMT Inc. 0.350 16.7 1,500 Pollard Banknote Ltd. 3.000 - 1.6 3,425 Ridley Inc. 12.000 0.0 5,310 San Gold Corp 0.190 15.2 5,252,543 Temple Hotels 5.540 2.0 17,712 The Boyd Group Inc. Fund 24.260 2.2 19,930 Victory Nickel Inc. 0.025 0.0 2,709 Wildcat Exploration Inc. 0.095 5.6 21,500 Winpak Ltd. 18.870 - 0.4 12,638 M A N I T O B A S T O C K S Issuer Close Chng Volume These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by National Bank Financial. Issuer Close Chng Volume WINNIPEG ( CP) - Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. FUTURES TRADING ARC Resources 26.64 - 0.34 613 4.5 55.5 28.90 22.32 + 13.3 Agnico Eagle 31.05 + 0.16 818 2.9 20.3 56.99 26.18 - 16.6 Agrium 91.31 - 0.81 385 2.3 9.3 116.38 87.78 - 4.9 Aimia 15.68 + 0.57 1694 4.3 18.0 16.63 13.07 + 17.3 Alamos Gold 14.92 + 0.18 841 1.4 15.4 19.96 10.40 + 1.9 Aliment B SV 64.44 + 0.01 216 0.5 20.2 65.00 44.40 + 33.2 AltaGas 35.66 - 0.52 304 4.2 33.3 40.80 29.88 + 17.6 BCE 42.21 - 0.09 3418 5.5 12.3 48.90 40.58 + 2.2 B2Gold 3.10 + 0.06 4714 n. a. 23.2 4.38 1.87 - 0.6 Bank of Mtl 65.06 + 0.04 1358 4.5 10.9 65.47 56.72 + 13.1 Bank of NS 58.35 - 0.61 2092 4.1 10.8 61.84 50.51 + 13.5 Barrick Gold 18.68 + 0.43 4101 4.4 n. a. 42.08 14.22 - 45.3 Baytex Energy 43.94 - 0.16 563 6.0 23.4 50.37 36.37 + 3.8 BlackBerry 9.29 - 0.11 1310 n. a. n. a. 18.49 6.10 + 33.3 Bombrdr B SV 5.07 nil 6549 2.0 15.4 5.10 2.97 + 32.4 BrkfldAsst LV 38.90 - 0.02 345 1.6 19.8 40.29 32.27 + 15.9 BrookfldOffic 17.80 - 0.14 581 3.2 7.7 19.65 15.21 + 2.6 CGI Group SV 29.76 - 0.29 539 n. a. n. a. 33.08 22.33 + 24.2 Cameco 21.86 - 0.90 1649 1.8 60.7 23.49 16.50 - 2.2 CIBC 78.05 + 0.56 1338 4.9 9.7 84.99 71.36 + 9.1 Cdn Natl Rail 101.69 - 3.37 758 1.7 17.9 107.57 83.45 + 17.1 Cdn Natrl Res 34.20 - 0.10 2051 1.5 22.5 34.58 26.73 + 18.8 Cdn Oil Sands 20.78 - 0.13 924 6.7 12.0 22.34 18.62 + 1.0 Cdn Pac Rail 130.18 - 2.44 256 1.1 40.2 144.43 75.14 + 73.6 Cdn Wstrn Bnk 29.10 - 1.07 762 2.5 12.7 31.88 25.66 + 12.4 Catamaran 52.55 - 0.32 193 n. a. 69.0 59.0042.025 + 20.8 Cenovus Enrg 32.25 - 0.23 2129 3.0 32.9 36.25 28.32 - 3.0 CrescentPoint 39.40 + 0.03 1331 7.0 67.3 45.70 34.53 - 0.6 Detour Gold 11.39 - 0.07 1907 n. a. n. a. 29.07 7.17 - 44.4 Dollarama 73.67 - 0.97 356 0.8 24.7 76.90 55.99 + 15.0 Eldorado Gold 8.35 + 0.24 2478 1.7 30.1 15.78 5.82 - 16.2 Element Finl 12.57 + 0.17 3837 n. a. n. a. 13.05 5.60+ 116.7 Empire NV 79.10 + 1.07 246 1.3 14.0 82.60 54.87 + 39.9 Enbridge 46.69 - 0.10 1373 2.7 60.6 49.17 37.74 + 13.5 EnCana 18.13 + 0.10 1549 4.5 n. a. 23.86 17.40 - 15.8 Enerplus 17.13 + 0.06 528 6.3 n. a. 17.27 11.53 + 23.8 First Quantum 17.37 + 1.07 2457 1.0 14.7 24.90 14.22 + 0.8 Fortis 32.40 + 0.06 297 3.8 19.2 35.14 30.70 - 1.5 Franco- Nevada 46.35 + 1.07 672 1.6 71.5 60.62 33.05 nil Gibson Energy 24.24 + 0.59 1072 4.5 22.0 27.37 20.65 + 14.3 Gildan Actvwr 45.09 + 0.48 253 0.8 19.3 45.41 27.09 + 62.2 Goldcorp 30.69 + 0.72 2991 2.0 15.3 46.31 23.26 - 8.3 Grt- West Life 30.56 - 0.24 746 4.0 15.4 31.18 20.77 + 44.5 H& R REIT 21.36 + 0.02 816 6.3 n. a. 26.29 20.33 - 16.1 Home Capital 60.14 + 0.15 140 1.7 9.1 61.50 44.79 + 29.4 Husky Energy 29.90 - 0.23 535 4.0 15.0 32.34 24.52 + 19.0 IAMGOLD 5.59 + 0.32 3016 4.6 9.1 16.45 4.00 - 46.9 IGM Financial 48.61 + 0.14 202 4.4 16.6 49.51 36.81 + 25.9 Imperial Oil 43.94 - 0.08 358 1.1 10.5 48.32 38.58 + 2.3 Intact Finl 59.02 - 0.36 426 3.0 13.7 66.82 56.44 - 5.9 Keyera 57.20 + 0.11 171 3.8 36.9 64.16 43.51 + 27.5 Kinross Gold 5.83 + 0.05 4539 2.8 n. a. 10.98 4.74 - 27.4 Loblaw Cos 47.94 + 0.14 1362 2.0 19.3 52.06 31.15 + 49.5 Lundin Mining 4.27 + 0.24 3180 n. a. 20.8 5.54 3.68 + 6.7 MEG Energy 34.58 + 0.45 2049 n. a. n. a. 41.90 25.50 - 12.5 MacDonald Det 73.08 + 2.07 123 1.8 42.0 75.00 47.37 + 31.9 Magna Intl 77.41 - 0.92 388 1.7 12.0 78.64 37.68 + 95.4 Manitoba Tele 34.67 + 0.20 302 4.9 14.4 36.60 31.21 + 3.2 Manulife Finl 18.43 - 0.03 2794 2.8 36.1 18.74 10.18 + 78.9 National Bank 77.96 - 1.10 644 4.5 9.0 80.33 71.77 + 5.2 New Gold 7.72 + 0.05 1578 n. a. 17.1 12.50 5.96 - 19.8 Open Text 72.99 + 0.77 368 1.7 36.4 75.19 44.76 + 55.4 Osisko Mining 4.42 + 0.02 6026 n. a. 22.1 10.62 2.98 - 41.6 Pac Rubiales 20.83 - 0.17 424 3.3 15.7 26.12 17.55 - 8.6 Pembina Ppln 32.57 - 0.06 509 5.0 33.2 35.64 25.50 + 19.3 PennWest Pete 13.19 - 0.06 1622 8.2 n. a. 16.15 8.82 + 0.5 Peyto Expl 28.60 - 0.57 543 3.4 39.2 32.70 19.70 + 36.2 Potash Corp 39.26 - 0.60 1645 3.7 15.3 46.40 37.02 - 14.1 Power Corp SV 30.06 - 0.23 451 3.9 17.4 30.45 22.15 + 32.8 Power Finl 32.92 - 0.10 426 4.3 14.9 33.25 24.07 + 34.1 Precisn Drill 10.16 + 0.26 1625 2.0 78.2 10.19 6.67 + 34.4 RioCan REIT 25.08 - 0.02 335 5.6 6.4 29.60 23.67 - 12.0 RogerCom B NV 41.23 + 0.08 997 4.2 12.1 52.75 38.68 + 10.7 Royal Bank 65.06 - 0.60 3659 3.9 12.0 65.66 50.18 + 26.3 SNC- Lavalin 45.04 + 0.51 486 2.0 23.0 49.85 34.36 + 18.1 Saputo 48.85 - 0.22 173 1.7 20.0 54.62 39.76 + 13.6 Shaw Com B NV 25.55 nil 525 4.0 15.1 26.00 19.35 + 32.2 Shoppers Drug 60.32 + 0.07 1854 1.9 20.2 61.71 40.03 + 42.5 Silver Wheatn 24.30 + 0.77 1514 2.0 14.6 41.18 18.59 - 6.3 Sun Life Finl 33.50 - 0.12 875 4.3 14.5 33.95 19.94 + 60.9 Suncor Energy 33.23 + 0.14 2197 2.4 20.9 34.99 27.50 + 9.7 Surge Energy 5.69 + 0.10 1645 n. a. n. a. 8.85 2.68 - 21.5 TELUS 30.83 + 0.18 2777 4.4 14.7 37.94 29.52 - 0.7 TORC O & G 1.51 + 0.05 7756 n. a. n. a. 2.89 1.34 - 17.5 TalismanEnrgy 12.22 + 0.21 2229 2.3 n. a. 14.69 10.62 + 3.6 Teck Res B SV 24.37 + 0.40 2482 3.7 16.2 38.13 21.11 - 18.2 ThomsonReuter 36.07 + 0.26 578 3.7 16.6 36.75 26.65 + 25.5 Tim Hortons 58.70 - 1.02 369 1.8 22.7 59.77 45.11 + 11.2 TD Bank 87.73 - 0.17 1844 3.7 12.3 88.27 77.68 + 11.0 Tourmaline 40.68 - 0.92 398 n. a. n. a. 46.10 26.77 + 42.1 TransAlta 15.08 + 0.06 545 7.7 n. a. 16.89 12.80 - 9.9 TransCanada 46.83 - 0.16 634 3.9 23.8 51.21 43.16 + 5.9 TransForce 20.60 + 0.24 426 2.5 13.6 23.17 16.26 + 23.5 TricanWellSvc 14.09 + 0.27 832 2.1 n. a. 16.23 10.95 + 17.3 Uranium One 2.75 nil 2895 n. a. n. a. 2.82 1.78 + 13.2 Valeant Pharm 93.15 - 0.78 355 n. a. n. a. 99.49 46.08 + 99.3 VermilionEnrg 55.75 + 0.75 236 4.3 31.0 56.14 44.22 + 19.0 Weston George 84.90 - 0.23 116 2.0 22.5 88.66 57.92 + 44.2 Whitecap Res 11.06 + 0.05 1289 5.4 27.7 11.41 6.51 + 64.6 Yamana Gold 11.70 + 0.04 2998 2.3 22.8 20.61 8.96 - 18.2 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.1778 Australia dollar 0.9560 Bahamas dollar 1.0301 Brazil real 0.4646 Chile peso 0.0021 Chinese yuan 0.1678 Czech koruna 0.0525 Denmark krone 0.1826 Dominican peso 0.0245 Egypt pound 0.1471 Euro 1.3616 Japan yen 0.0103 Mexico peso 0.0823 Philippine peso 0.0239 Russia rouble 0.0319 Taiwan dollar 0.0344 Ukraine hryvna 0.1266 U. A. E. dirham 0.2804 U. K. pound 1.5837 U. S. dollar 1.0301 C A N A D I A N D O L L A R US97.23� US0.55� Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn When you make the important decision to buy or sell a home, RE/ MAX Winnipeg Associates are commited to going the extra mile to ensure that all of your needs are successfully met in a professional and honest manner. SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ Analysts shocked as we open wallets OTTAWA - Canadian consumers went on a shopping spree in May, triggering a stunning jump in retail sales that will almost certainly help boost secondquarter economic growth beyond expectations. The raw numbers stunned economists who had expected a modest 0.4 per cent bump. Instead, Statistics Canada said the retail sector boosted sales five times that by 1.9 per cent during the month to $ 40.4 billion. Manitoba posted the third monthly increase in retail sales in the last five months with a healthy 2.3 per cent increase from April to May to $ 1.48 billion. According to Statistics Canada, only Saskatchewan and Quebec has stronger growth than Manitoba. Particularly meaningful for gross domestic product growth, sales in volume terms also expanded by 1.9 per cent, meaning the increase was not related to currency fluctuations. " It's hard to say what happened, everything went right it seems," said Jimmy Jean, an economist with Desjardins Capital Markets. " We're probably seeing a little bit of catch- up because since 2011, sales have been almost flat. In the first quarter we had consumer spending rising 0.9 per cent ( annualized). It was one of the weakest numbers since the recession." For the second quarter that began in April, however, retail sales are tracking at an eight per cent clip in volume terms. Jean said the report puts in jeopardy the Bank of Canada's bleak expectation for a meagre one per cent growth number in the second quarter. For GDP to drop that low after the first quarter's 2.5 per cent expansion - and given relatively rosy numbers since - the bank would need to be proven prescient in estimating a 1.3- point hit from the Alberta floods and Quebec construction strike in June. Other economists also doubted the quarter would show such weakness. CIBC chief economist Avery Shenfeld, who is rarely counted among the bulls on growth, believes the retail number likely means his 1.6 per cent forecast is likely a couple of ticks too low. " With sales up 1.9 per cent in real terms, forecasts for May GDP will be revised higher, as will our forecast for Q2," he said in a note to clients. The Canadian dollar was ahead 0.56 of a cent to 97.23 cents, strengthened on the retail- sales news. Buhler secures $ 20M in credit BUHLER Industries Inc. has finalized a $ 20- million line of credit with Export Development Canada to assist its sales growth of Versatile tractors to its overseas customers. The Winnipeg- based farm implement manufacturer is the only Canadian manufacturer of tractors. Since the majority interest in the company was purchased by Russian combine manufacturer Rostselmash Ltd. in 2007, exports of Buhler's powerful Versatile tractors to eastern Europe have grown. Buhler's new EDC credit facility is in addition to the company's $ 60- million line of credit with the Bank of Montreal and a $ 7.5- million line of credit has with CIBC. Under the terms and conditions of the agreement, the company may take advantage of the credit facility and draw down funds depending on its financial position. The company has manufacturing facilities and warehouses in both Canada and the United States. Costly cities for expats TORONTO - A new study says Vancouver is the most expensive city in Canada, but it doesn't crack the Top 10 as one of the costliest cities for expatriate employees to be transferred to because of their jobs. Mercer's 2013 Cost of Living Survey says Canadian cites, overall, moved down in the ranking this year due to a slight decrease in the Canadian dollar against the U. S. dollar. The city of Luanada in Angola is the world's most expensive city for expats, followed by Moscow where a cup of coffee can cost $ 8.29. The study also says the cost of housing for expats is usually the biggest expense for employers. A luxury two- bedroom unfurnished apartment in Moscow costs $ 4,600 a month. - from the news services BUSINESS Watch B_ 07_ Jul- 24- 13_ FP_ 01. indd B7 7/ 23/ 13 6: 56: 20 PM ;